Philippe Aghion, Peter Howitt, and Joel Mokyr. Philippe Aghion, research associate Peter Howitt, and NBER board member Joel ...

Cellphone bans in schools have become a popular policy in recent years in the United States, yet very little is known about their effects on student outcomes. In this study, we try to fill this gap by ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on ...

We use recent advances in natural language processing and large language models to construct novel measures of technology exposure for workers that span almost two centuries. Combining our measures ...

Are state-imposed behavioral remedies effective substitutes for federal antitrust enforcement? We evaluate state regulation of hospital mergers under Certificates of Public Advantage (COPAs). Using ...

Utilizing large-scale surveys of over 27,000 respondents across 13 advanced and emerging market economies conducted between April and May 2024, we examine how knowledge, beliefs, and preferences ...

Using patient-level data from Taiwan's drug-eluting stent (DES) market in the Taipei metropolitan area, we estimate a structural model of hospital behavior, incorporating patient demand and hospitals' ...

The NBER Board of Directors appointed 51 research associates, 49 of whom were promoted from faculty research fellows, at its September 2025 meeting. Two of the new appointees were former research ...

Economics students today learn about mercantilism through Smith’s prism, as a series of logical and policy errors that Smith clarified and settled for good. But far from settled doctrine, mercantilism ...

This paper provides a comprehensive overview of China’s lending to developing countries—a central feature of today’s international financial system. Building on our previous research and the work of ...

This narrative paper provides a detailed account of the Great Inflation in the United Kingdom from 1961 to 1997, serving as a companion to the analytical account of fiscal policy presented in Bordo, ...

We document that the positive differential on international portfolio returns, one aspect of the U.S. exorbitant privilege, has disappeared in three parts. Part One: U.S. international liabilities ...