In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the ...

Current technological developments in a number of industries, such as the rise of artificial intelligence and innovations ...

In 2015, the City University of New York (CUNY) launched a new program— Accelerate, Complete, and Engage (ACE)—aimed at improving college graduation rates. A randomized-control evaluation of the ...

This project aims to modernize U.S. economic statistics by evaluating the integration of high-frequency private-sector data, such as credit card transactions, job postings, and online prices, into ...

We estimate transitory and permanent import tariff shocks in the United States over the postwar period. We find that transitory tariff increases are neither inflationary nor contractionary, and are ...

US regulators proposed the “Basel Endgame,” a long-awaited overhaul of bank capital requirements. The proposal aimed to bring the United States into compliance with international standards established ...

Using a dual-framework approach, we demonstrate how AI can transform both strategic decision-making and daily operations within central banks, taking the Federal Reserve System (FRS) as a ...

In this paper we provide new evidence on the health spillover effects of health shocks within couples. Using administrative data from the Netherlands and a matching event-study framework, we estimate ...

Fundamental knowledge in the life sciences has consequential implications for medicine and subsequent medical innovations. Using publications in leading life science journals to measure fundamental ...

Using newly-collected data on the near-population of U.S. STEM PhD graduates since 1950, we examine who funds PhD training, how many graduates are trained in areas of strategic national importance, ...

This paper develops a framework to quantify racial disparities in earnings and employment that are not plausibly due to differences in productivity. Over an employment cycle, employers learn about ...

We develop a quantitative New Keynesian DSGE model with monopolistic banks to study the macroeconomic effects of introducing a central bank digital currency (CBDC). Households benefit from an ...