USAID funding has significantly contributed to the reduction in adult and child mortality across low-income and middle-income countries over the past two decades. Our estimates show that, unless the a...

They cited my research, so let me respond!

Data across countries and ages reveal a growing struggle to concentrate, and declining verbal and numerical reasoning

The Ukraine Support Tracker lists and quantifies military, financial and humanitarian aid promised by governments to Ukraine.

A trade group representing nearly all major automakers warned on Tuesday that new 25% tariffs on imports from Canada and Mexico imposed by U.S. President Donald Trump will lead to drastic price hikes.

Abstract. This paper examines the impact of denying a wanted abortion on women and children in Colombia using high-quality administrative microdata and cre

Abstract. We estimate the returns to IRS audits of taxpayers across the income distribution. We find an additional $1 spent auditing taxpayers above the 90

Bayesian Factor Zoo package The package implements all robust asset pricing methods in Bayesian Solutions for the Factor Zoo: We Just Ran Two Quadrillion Models, (2023) and Bayesian Fama-MacBeth Regre...

By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device to enhance site navigation and analyze site performance...

Guess what? Popular economic narratives aren’t reliable

We propose a novel framework for analyzing linear asset pricing models: simple, robust, and applicable to high-dimensional problems. For a (potentially misspecified) stand-alone model, it provides re....

What value do these companies add, really?

Experimental asset markets provide a controlled approach to studying financial markets. We attempt to replicate 17 key results from four prominent studies, coll

Submissions due by January 31, 2025 for the Fixed Income Research and Implications for Monetary Policy Conference

Did “supply shocks” or “relative demand shocks” cause the recent inflation?

Find accounts that you don't follow (yet) but are followed by lots of accounts that you do follow.

Abstract. We show that the likelihood of a liquidity crunch in wholesale US dollar funding markets depends on levels of reserve balances at the financial i