Research Associate Andrea Eisfeldt, who holds the Laurence D. and Lori W. Fink Endowed Chair in Finance at the University of California, Los Angeles Anderson School of Business, has agreed to join ...

We study the role of expertise in new work–novel occupational roles that emerge as technological and economic conditions evolve–using newly available 1940 and 1950 Census Complete Count files and ...

We quantify how structural changes in the U.S. labor market have contributed to wage stagnation over the past four decades by weakening the job ladder. Using Current Population Survey microdata from ...

Limiting global warming to 1.5 degrees requires that cumulative carbon dioxide emissions remain within a finite remaining carbon budget. How this budget is allocated across countries raises questions ...

Autoregressive LLMs generate text by sampling from estimated probability distributions over the next token, conditional on prior context. We use these probabilities to construct an entropy-based ...

Target date funds – which initially invest a large share of retirement savings in stocks and shift gradually towards bonds over the life cycle – are designed to provide a “one stop shop” for ...

However, a party can sustain extremism only if the other side is extreme, too. A small moderation of one side’s voting electorate can trigger a discontinuous collapse of candidate extremism on both ...

Organized interests are thought to influence policy, but whether and when interest group money overrides public opinion remains poorly understood. We investigate how gun interest group money and ...

This paper investigates household preferences over who should work and whether these preferences are malleable. We document that men and women prefer that husbands work over wives. To understand why, ...

We construct a novel dataset linking academic publication records to U.S. Census employer–employee data to track 42,000 AI researchers over two decades. We document systematic changes in the ...

We investigate how fertility relates to work from home (WFH) in the post-pandemic era, drawing on original data from our Global Survey of Working Arrangements and U.S. Survey of Working Arrangements ...

Research Associate Kosali Simon, the Herman B. Wells Professor and Distinguished Professor at the Paul H. O'Neill School of Public and Environmental at Indiana University, will direct the NBER Program ...