For more than a decade, the dollar has displayed a positive global convenience yield while there has been a negative convenience yield on US Treasuries relative to G10 government bonds.

This paper studies the role of economic participation via the labor market in enabling the political mobilization of an underrepresented group. Specifically, we study the wives and daughters of ...

This limits cumulative knowledge building and blurs how deep-tech innovation relates to adjacent concepts. We address this gap by developing a framework that treats deep-tech innovation as a distinct ...

Why did U.S. manufacturing productivity stop growing after 2010? Productivity growth disappeared, evaporating from an annual rate of +3.3 percent during 1987-2010 to -0.3 percent from 2010 to 2023.

This paper uses the context of the shrinking Great Salt Lake in Utah to model air quality impacts of the highly erodible and growing area of exposed lakebed. Using four common identification ...

Using a novel dataset covering the complete history of individual-level web traffic and digital subscriptions from a major metropolitan newspaper in the United States between 2020 and 2024, we ...

NBER Contact Us 1050 Massachusetts Avenue Cambridge, MA 02138 617-868-3900 info@nber.org webaccessibility@nber.org ...

Using a representative sample of more than 7,000 Ukrainians, we study how information treatments affect corruption perceptions and prosocial behavior. We document a large gap between perceived and ...

It may seem like a distant memory now, but as of the mid-2000s, U.S. natural gas production had been flat for a decade, and the U.S. was importing liquefied natural gas (LNG), with plans to import ...

Much of development economics, both micro and macro, posits theories and explores the empirics of poverty traps. A common theory centers around asset-threshold poverty traps in which marginal returns ...

Full automation using Artificial Intelligence (AI) predictions may not be optimal if humans have information not available to the AI (contextual information). We study human-AI collaboration using an ...

The diffusion of LLMs from 2022 to 2025 tripled new book releases. While average book quality, measured by usage, declined, the surge in releases raised the number of modest-quality books. Direct ...