Alzheimer's Disease and Related Dementias (ADRD) represent a growing global health crisis, with cases projected to reach 131.5 million by 2050. The economic burden is substantial: In 2020, ADRD cost ...

Without financial regulations, low interest rates and more expansionary monetary policy may so encourage land speculation using leverage that productive capital investment and economic growth are ...

Carbon dioxide emissions may create significant social harm because of global warming, yet American urban development tends to be in low density areas with very hot summers. In this paper, we attempt ...

Thousands of resumes were sent in response to online job postings across multiple occupations in Toronto to investigate why Canadian immigrants, allowed in based on skill, struggle in the labor market ...

One in seven Americans carry medical debt, with $88 billion reported on consumer credit reports. In April 2023, the three major credit bureaus stopped reporting medical debts below $500. We study the ...

The livelihoods of the majority of the world's poor depend on agriculture. They face substantial risk from fluctuations in weather conditions. Better risk, credit and savings markets can improve ...

We estimate an average CoI Discount of 39%, implying that conflicted papers are valued at just 61% of non-conflicted ones. We validate these survey-based estimates through three complementary ...

We show that leadership skill with artificially intelligent (AI) agents predicts leadership skill with human groups. In a large pre-registered lab experiment, human leaders worked with AI agents to ...

Blanchard, Olivier J. and Lawrence H. Summers. "Hysteresis and the European Unemployment Problem," NBER Macroeconomics Annual, Stanley Fischer, ed. Vol 1, Fall 1986 ...

This paper critically reviews the literature on finance and inequality, highlighting substantive gaps in the literature. Finance plays a crucial role in most theories of persistent inequality.

Why are some countries so much richer than others? Development Accounting is a first-pass attempt at organizing the answer around two proximate determinants: factors of production and efficiency. It ...

The majority of state-owned enterprises (SOEs) in China were privatized through ownership reforms over the last two decades. Using a comprehensive dataset of all medium and large enterprises in China ...