We define risk transfer as the percent change in the market risk exposure for a group of investors over a given period. We estimate risk transfer using novel data on U.S. investors' portfolio holdings ...

This paper explores past episodes of technological disruption in the US labor market, with the goal of learning lessons about the likely future impact of artificial intelligence (AI). We measure ...

The Metropolitan Council for Educational Opportunity (METCO) program in Boston is a voluntary program for urban students and suburban school districts, that busses non-White students from Boston to ...

Cities are often described as engines of economic growth. We assess this statement quantitatively. We focus on two mechanisms: a static agglomeration effect that makes production in bigger cities more ...

We do so using a synthetic difference-in-differences design that leverages variation from the 2022 Dobbs decision, which allowed states to ban abortion, and population flows based on change-of-address ...

Fertility levels have greatly decreased in virtually every nation in the world, but the timing of the decline has differed even among developed countries. In Europe, Asia, and North America, total ...

These files cover the Births or Natality chapters of the published volumes of vital statistics from the US National Center for Health Statistics for the period 1931 through 1968. They have the same ...

We propose a novel time-series econometric framework to forecast U.S. Presidential election outcomes in real time by combining polling data, economic fundamentals, and political prediction market ...

Leveraging rich data on the universe of Texas high school graduates, we estimate how the relationship between geographic access to public two- and four-year postsecondary institutions and ...

Analyzing Florida birth certificates matched to school records, we document that the female advantage in childhood behavioral and academic outcomes is driven by gender gaps at the extremes of the ...

We study this by examining community targeting in both a high-stakes experiment, in which villages determined who would receive the Indonesian conditional cash transfer program – worth almost USD ...

This study explores this question using data from the 2015-2021 State Youth Behavior Surveys. We find that a one-dollar (in 2021$) per mL of e-liquid increase in ENDS taxes reduces the likelihood of ...