Have recent tariffs resulted in increased costs for the US healthcare system? We examine US trade data and compile a database of statutory tariff changes. Tariffs on medical goods narrowly defined ...

These models can capture many complexities, but these complexities can make results difficult to interpret. Analytical general equilibrium (AGE) models provide better intuition and interpretation but ...

How has aggregate income and welfare in the United States been affected by globalization and rapid productivity growth in emerging economies? We use the class of constant elasticity trade models to ...

We conduct a series of laboratory experiments that implement the Daley and Green (2020) model to examine whether the gradual, exogenous revelation of sellers’ private information influences the ...

Using transaction-level data on US congressional stock trades, we find that lawmakers who later ascend to leadership positions perform similarly to matched peers beforehand but outperform them by 47 ...

Two years after the imposition of a student cell phone ban, student test scores in a large urban school district were significantly higher than before, David N. Figlio and Umut Özek find in The Impact ...

Climate change is already increasing temperatures and raising the frequency of natural disasters in the United States. In this paper, we examine several major vectors through which climate change ...

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Does ambiguity (Knightian uncertainty) or risk provide a greater discouragement to investment? There is general agreement in the financial press that uncertainty discourages investment, with ...

We evaluate the effects of the nationwide transition in the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) from paper vouchers to Electronic Benefit Transfer (EBT) cards ...

We study how a monopolist’s use of consumer data for price discrimination affects welfare. To answer this question, we develop a model of market segmentation subject to residual uncertainty. We fully ...

This paper studies the connection between regional growth trends and labor market dynamics. New data on manufacturing worker flows for U.S. cities 1969-1981 show more new hires and more voluntary ...