A team of investigators led by research associates Katherine Baicker of the University of Chicago and Kosali Simon of Indiana ...

Digitalization led to a rapid expansion of loyalty tokens typically bundled as part of product price. An open question is whether issuers are incentivized to make loyalty tokens tradable, raising ...

We compile, transcribe, and standardize historical records for 2.5 million students at 65 elite (private and public) U.S. colleges. By combining these data with more recent survey and administrative ...

We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other US trade partners at the detailed geographic level, exploiting measures of local ...

Evolutionary accounts assert that while diversity may lower subjective well-being (SWB) by creating an evolutionary mismatch between evolved psychological tendencies and the current social environment ...

We provide a comprehensive analysis of the effects of minimum wages on blacks, and on the relative impacts on blacks vs. whites. We study not only teenagers – the focus of much of the minimum ...

In this paper, we study how physicians’ family characteristics influence physicians’ behavior and patient health outcomes. Using administrative data from Denmark and the natural experiment of a ...

As recreational marijuana laws (RML) expanded marijuana access over the last decade, still very little is known about the impact of RML on two costly social behaviors that may arise as a consequence ...

Buy Now, Pay Later” (BNPL) is a key innovation in consumer payments. It bundles the sale of a product with a subsidized loan, effectively offering lower prices to low-creditworthiness customers. BNPL ...

We present a model in which efficient long-term employment relationships are sustained by wage adjustments prompted by productivity shocks and outside job offers. These wage adjustments occur only ...

We assess whether unconventional monetary and fiscal policy implemented in response to the COVID-19 pandemic contribute to the 2021-2023 inflation surge through the lens of several different empirical ...

There are unique aspects and potential barriers to providing healthcare to people living with Alzheimer’s Disease and related dementias (ADRD), since they may be less capable than others of ...