We conduct a survey experiment with a large, politically representative sample of U.S. consumers (5,205 participants) to study how perceptions of the U.S. Federal Reserve’s (Fed) political stance ...

Social Security Disability (SSD) program beneficiaries, like other consumers, have been negatively affected by inflation over the past several years. In a survey from June of 2023, more than half (59 ...

The collection of research initiatives that together comprise this project draw on clinical and economic expertise along with novel data sets and analytical tools to analyze the decision-making ...

We study the reasons for the large, coincident increases in unbalanced international trade and overall trade from 1970 to 2019. We show that these two salient features—a rise in net and gross ...

As a first step towards filling this gap, we study Japanese nursing homes using original facility-level panel data that includes the different robots used and the tasks performed. We find that robot ...

We study the relationship between tariffs and labor productivity in US manufacturing between 1870 and 1909. Using highly dis-aggregated tariff data, state-industry data for the manufacturing sector, ...

Using confidential administrative data from the U.S. Census Bureau we revisit how the rise in Chinese import penetration has reshaped U.S. local labor markets. Local labor markets more exposed to the ...

We examine the mental wellbeing of the young in 18 Latin American countries using data from five cross-country comparative studies plus cross-sectional and quarterly time series data for a single ...

As central banks, including the European Central Bank (ECB), adopt climate-related responsibilities, gauging public support becomes essential. Drawing on a June 2023 Bundesbank household survey, we ...

In HANK models, fiscal deficits drive aggregate demand and thus inflation because households are non-Ricardian; in the Fiscal Theory of the Price Level (FTPL), they instead do so via equilibrium ...

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 Retirement and Disability, ...

We quantify the U.S. corporate sector's carbon externality by computing the sector's “carbon burden”—the present value of social costs of its future carbon emissions. Our baseline estimate of the ...