The NBER Board of Directors appointed 51 research associates, 49 of whom were promoted from faculty research fellows, at its September 2025 meeting. Two of the new appointees were former research ...

The rise of platform-based work has transformed labor markets. Nearly 10 million Americans have participated in the gig economy over the past decade. This transformation may have important effects on ...

Traditional FICO-based credit scoring can limit credit access for young entrepreneurs. The authors show that FICO scores rise almost linearly with age—from below 670 for entrepreneurs under 30 to 720 ...

EMRI projects will produce cutting edge research on economic measurement and new methods for leveraging large-scale “naturally occurring data”—i.e., data created by businesses, households, non-profit ...

Jason Abrevaya, Siwan Anderson, Stéphane Bonhomme, Gary Hansen, Bo Honoré, and Justin Muzinich were elected to the NBER Board of Directors at the Board’s September 29 meeting.

Immunotherapy is a breakthrough innovation in cancer care but is also among the most expensive treatments, with costs exceeding $150,000 per patient. We study the introduction of immune checkpoint ...

We compute the cross-country transfers that result from unconventional monetary policy in the Eurozone. The ECB funds the expansion of its aggregate balance sheet mostly by issuing bank reserves and ...

Junior Can’t Borrow,” Constantinides, Donaldson, and Mehra’s (CDM) three-period exchange model, eliminates borrowing by the young, and, consequently, all generations to resolve the equity premium ...

More than 42 million Americans are exposed to medium or high levels of traffic noise. Despite its potentially large toll and unequal distribution, the economic costs, incidence, and policy ...

We investigate the unintended consequences of maternity leave extension on gender gaps in the labor market. Using millions of job applications on an online job platform and the staggered extension of ...

Multifaceted social protection programs in low-income countries often include both capital grants and informational and behavioral support on the premise that households face simultaneous and multiple ...

Satellite imagery and machine learning (SIML) are increasingly being combined to remotely measure social and environmental outcomes, yet use of this technology has been limited by insufficient ...