We demonstrate nearly steady trends from 1973-2023 in the U.S. in the timing of when people work for pay, away from evening ...

This paper explores the effects of one nation's taxation of consumption on the welfare of future generations of other ...

Traditional valuation metrics for the U.S. stock market based on a comparison of the aggregate market value of U.S. corporations to measures of dividends, earnings, output, and the replacement cost of ...

We provide the first global, long-run evidence on how war reshapes democratic institutions. Using data on all conflicts since ...

Economic development relies on and transforms the environment. The transformation is evident in the poor environmental ...

This paper examines the sharp decline in fertility across Latin America using both period and cohort measures. Combining Vital Statistics, Census microdata, and UN population data, we decompose ...

Adult Black men persistently do not report to household-based surveys, with demographers estimating non-reporting rates of 7-14% from 1970-2020. We derive a method to account for incomplete data and ...

We document and characterize a new history of U.S. federal-level industrial policies by scanning all 12,167 Congressional Acts and 6,030 Presidential Orders from 1973 through 2022. We find several ...

This paper investigates whether economic hardship undermines preferences for honesty. We use controlled, high-stake measures ...

This paper discusses a fundamental problem in measuring the growth of knowledge and comparing the skills of people. New skills emerge that are not just more of the previously acquired skills.

We investigate the dynamics of household deposits using account-level data from 12 million accounts across 154 U.S. credit unions. Significant skewness in the retail deposit distribution–with 10% of ...

Gender and racial/ethnic gaps in labor market earnings remain large, even among college-goers. Cross-gender and race/ethnic differences in choice of and returns to college major are potentially ...