My research with collaborators digs deeper into the workings of specific War on Poverty programs, seeking evidence about ...

2025, Long-Term Asset Management, Ishita Sen, "The Market for Sharing Interest Rate Risk: Quantities and Asset Prices" ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the ...

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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, ...

This paper examines how power lawyers shape judicial and economic outcomes by studying the “revolving door” between judges and lawyers in China’s judicial system—namely, former judges who quit the ...

Phone usage in the classroom has been linked to worsened academic outcomes. We present findings from a field experiment conducted at a large public university in partnership with an app marketed as a ...

Firm location decisions are a key managerial choice, usually optimized over factors like proximity to customers or suppliers. These decisions may also impose externalities on the environment, and on ...

Nutritional disparities across socioeconomic groups contribute to health inequality in the U.S. This paper studies the role of heterogeneous consumer preferences in food choices and explores pricing ...

The analysis of corporate governance begins with a central feature of modern capitalism—the separation of ownership and control in large corporations—first empirically documented by Berle and Means ...

Sequential choices are ubiquitous in daily life, yet making optimal decisions in such settings—where properly accounting for option value is crucial—can be challenging. This paper provides field ...

We study the positive (not normative) effect of a permanent import tariff on trade deficits. We consider a two-period trade model with general preferences and technology. We first develop an ...