Resources
From peer-reviewed research to accessible policy briefs, explore the scholarship that’s shaping debates and driving change.
238 Results
What Work Does Generative AI Do? (opens in a new tab)
Working Papers SEP 8, 2026
We measure how workers use genAI for their jobs in a nationally representative survey linking genAI adoption to detailed occupations and tasks. Our data provide the first task-level genAI adoption…
By: Alexander Bick (opens in a new tab), Adam Blandin (opens in a new tab), David Deming (opens in a new tab), Tyler Schumacher (opens in a new tab)
The Terms and Conditions of Generative AI (opens in a new tab)
Working Papers AUG 20, 2026
Generative AI raises pressing questions for myriad doctrinal areas. Policymakers and scholars have responded rapidly, devoting substantial attention to these difficult legal and policy questions. But, as a practical matter,…
By: John M. Newman, Andres Sawicki (opens in a new tab)
Housing Wealth Accumulation and Electoral Representation (opens in a new tab)
Working Papers AUG 14, 2026
We document that housing wealth accumulation systematically differs among homeowners by their political participation. Using a nationwide voter-property dataset, we find that realized housing appreciation increases monotonically the more a…
By: Carlos F. Avenancio-León, Yutao He (opens in a new tab), Michael Reher (opens in a new tab)
Multiple Program Participation in the Safety Net: Incidence, Impediments, and Implications (opens in a new tab)
Working Papers JUL 7, 2026
Multiple program participation is a defining feature of the U.S. safety net, with half of recipients enrolling in two or more programs. Yet most research examines programs in isolation, missing…
By: Neil A. Cholli, Derek Wu (opens in a new tab)
Barriers to Benefits: Unemployment Insurance Take-Up and Labor Market Effects (opens in a new tab)
Working Papers MAY 19, 2026
Unemployment insurance (UI) take-up is relatively low in the United States. We implement a large-scale field experiment among 50,000 likely unemployed individuals to study the causes and labor supply implications…
By: Casey McQuillan (opens in a new tab), Brendan Moore (opens in a new tab)
The Macroeconomic Effects of Climate Policy Uncertainty (opens in a new tab)
Working Papers MAR 17, 2026
We develop a novel measure of climate policy uncertainty based on newspaper coverage. Our index spikes during key U.S. climate policy events—including presidential announcements on international agreements, congressional debates, and…
By: Konstantinos Gavriilidis (opens in a new tab), Diego R. Känzig, Ramya Raghavan (opens in a new tab), James H. Stock (opens in a new tab)
The Macroeconomic Effects of Tariffs: Evidence From U.S. Historical Data (opens in a new tab)
Working Papers MAR 4, 2026
We study the macroeconomic effects of tariff policy using U.S. historical data from 1840–2024. We construct a narrative series of plausibly exogenous tariff changes–based on major legislative actions, multilateral negotiations,…
By: Tamar den Besten (opens in a new tab), Diego Känzig (opens in a new tab)
Understanding the Congestion Child Penalty: Can Remote Work Attenuate It? (opens in a new tab)
Working Papers FEB 12, 2026
We study the impact of commuting time on the labor supply of women with children in the United States. We show that congestion and long commutes discourage the labor force…
By: Ilaria D’Angelis (opens in a new tab), Keren Horn (opens in a new tab)
Dissecting Racial Politicization: Long-Run Evidence from the Food Stamp Program (opens in a new tab)
Working Papers FEB 2, 2026
We explore long-run racial polarization induced by the original Food Stamps Program: a major policy choice to expand the social safety net in the United States in the 1960s and…
By: Carlos F. Avenancio-León, Troup Howard (opens in a new tab), William Mullins (opens in a new tab)
AI exposure by U.S. occupations and work tasks and the effect on wages (opens in a new tab)
Working Papers OCT 23, 2025
This analysis of labor market AI exposure builds on previous work from the Pew Research Center and the AI firm Anthropic as well as Equitable Growth’s own job quality series,…
By: Chiara Chanoi (opens in a new tab), Chris Bangert-Drowns
The Benefits of Unemployment Insurance For Marginally Attached Workers (opens in a new tab)
Working Papers OCT 21, 2025
Existing research consistently finds that UI benefits delay job finding with limited effects on job quality, but focuses on changes in unemployment insurance (UI) generosity while holding fixed access to…
By: Casey McQuillan (opens in a new tab), Brendan Moore (opens in a new tab)
Changing Opportunity: Sociological Mechanisms Underlying Growing Class Gaps and Shrinking Race Gaps in Economic Mobility (opens in a new tab)
Working Papers OCT 9, 2025
We show that intergenerational mobility changed rapidly by race and class in recent decades and use these trends to study the causal mechanisms underlying changes in economic mobility. For white…
By: Raj Chetty (opens in a new tab), Will Dobbie (opens in a new tab), Benjamin Goldman (opens in a new tab), Sonya R. Porter, Crystal S. Yang
Extracting O*NET Features from the NLx Corpus to Build Public Use Aggregate Labor Market Data (opens in a new tab)
Working Papers OCT 1, 2025
Data from online job postings are difficult to access and are not built in a standard or transparent manner. Data included in the standard taxonomy and occupational information database (O*NET)…
By: Stephen Meisenbacher (opens in a new tab), Svetlozar Nestorov (opens in a new tab), Peter Norlander (opens in a new tab)
Fitting the Bill? The First Federal Paid Leave Mandate (opens in a new tab)
Working Papers SEP 23, 2025
We find that the first federal paid leave mandate in the US, enacted under the Families First Coronavirus Response Act, increased paid leave taking by nearly 200% for eligible workers,…
By: Tanya Byker (opens in a new tab), Elena Patel (opens in a new tab), Kristin Smith (opens in a new tab)
In Her Hands: A Guaranteed Income Initiative (opens in a new tab)
Working Papers SEP 4, 2025
In Her Hands (IHH) is a guaranteed income (GI) initiative aimed at addressing persistent economic insecurity among women in neighborhoods with some of Georgia’s highest poverty rates. Co-designed with local…
By: Laura Brugger (opens in a new tab), Shadonna Davis (opens in a new tab), Desha Elliott (opens in a new tab), Leah Hamilton (opens in a new tab), Stephen Roll (opens in a new tab), Latrice Rollins (opens in a new tab), Simone Smith (opens in a new tab), Aaron Quick (opens in a new tab), Naomi Zewde (opens in a new tab)
Why Financial Crises Recur (opens in a new tab)
Working Papers AUG 5, 2025
Financial crises have occurred around the world for over two centuries. These crises have been so costly and frequent that one wonders why governments cannot prevent them from recurring despite…
By: Gary B. Gorton (opens in a new tab), Jeffery Y. Zhang (opens in a new tab)
How are Municipal-Level Fair Workweek Laws Playing Out on the Ground? Experiences of Food Service and Retail Workers in Three Cities (opens in a new tab)
Working Papers JUL 24, 2025
An updated version of this paper was posted on December 09, 2025. The first municipal-level law regulating employers’ scheduling practices was enacted in SanFrancisco in 2015. A decade later, ten…
By: Susan J. Lambert, Julia R. Henly, Hyojin Cho (opens in a new tab), Resha Swanson-Varner (opens in a new tab), Yuxi He (opens in a new tab)
Equity Prices, Market Power, and Optimal Corporate Tax Policy (opens in a new tab)
Working Papers JUL 22, 2025
We study the optimal design of corporate tax policy in a textbook life-cycle model featuring two key deviations: (i) firms are imperfectly competitive and (ii) households save by purchasing equity…
By: Ignacio González (opens in a new tab), Juan A. Montecino (opens in a new tab), Joseph E. Stiglitz
Optimal Monetary Policy Under Menu Costs (opens in a new tab)
Working Papers JUL 1, 2025
We analytically characterize optimal monetary policy in a multisector economy with menu costs and contrast it with the textbook New Keynesian model based on Calvo pricing. Following a sectoral productivity…
By: Daniele Caratelli (opens in a new tab), Basil Halperin (opens in a new tab)
Americans Informed About the Distributional Effects of Republicans’ Budget Bill Overwhelmingly Oppose It (opens in a new tab)
Working Papers JUN 25, 2025
Republicans in the Senate are currently considering the One Big Beautiful Bill Act, which, if enacted, would be the most regressive U.S. tax and budget law in at least the…
By: Jacob S. Hacker, Patrick Sullivan (opens in a new tab)
Financial and Transfer Income as Components of the Regional Economic Base (opens in a new tab)
Working Papers JUN 24, 2025
Economists and geographers have long divided industries into “basic” and “nonbasic” sectors depending on whether they bring money into a region from outside or serve local demand. Traditionally, the regional…
By: Robert Manduca (opens in a new tab)
The Firm as Tax Shelter (opens in a new tab)
Working Papers MAY 22, 2025
I present evidence that firms serve as tax-free consumption vehicles. Drawing on a unique combination of data from an electronic invoicing program in Portugal (e-Fatura), I show that individuals who…
By: David Leite (opens in a new tab)
The distribution of capital gains in the United States (opens in a new tab)
Working Papers FEB 26, 2025
Booming stock, housing, and private business markets have driven large capital gains in the United States, averaging 20% of national income over the past two decades. Using internal IRS tax…
By: Cole Campbell (opens in a new tab), Jacob A. Robbins, Sam Wylde (opens in a new tab)
The Spiderweb of Partnership Tax Structures (opens in a new tab)
Working Papers FEB 12, 2025
U.S. partnerships control more than $40 trillion in assets, vastly outnumber U.S. public firms, and contribute significantly to the U.S. tax non-compliance of pass-through entities, which is larger than the…
By: Ryan Hess (opens in a new tab), Emily Black (opens in a new tab), Zaynah Javed (opens in a new tab), Jonathan Hennessy (opens in a new tab), Rebecca Lester (opens in a new tab), Jacob Goldin (opens in a new tab), Daniel E. Ho, Annette Portz (opens in a new tab)
Who Gains from Corporate Tax Cuts? (opens in a new tab)
Working Papers NOV 27, 2024
Goods producers increase their capital expenditure and employment in response to a cut in marginal corporate income tax rates or an increase in investment tax credits. In contrast, companies in…
By: James Cloyne (opens in a new tab), Ezgi Kurt (opens in a new tab), Paolo Surico (opens in a new tab)
Crypto Tax Evasion (opens in a new tab)
Working Papers NOV 21, 2024
We quantify the extent of crypto tax noncompliance and evasion, and assess the efficacy of alternative tax enforcement interventions. The context of the study is Norway. This context allows us…
By: Tom G. Meling, Magne Mogstad (opens in a new tab), Arnstein Vestre (opens in a new tab)
Asymmetric Effects of Monetary Policy on Firms (opens in a new tab)
Working Papers SEP 16, 2024
This paper documents firm-level evidence on the asymmetric effects of monetary policy in the US. Focusing on the 1980q3-2019q4 period, I find that monetary tightenings show larger effects on firms’…
By: Ezgi Kurt (opens in a new tab)
Bonus Question: How Does Flexible Incentive Pay Affect Wage Rigidity? (opens in a new tab)
Working Papers JUL 17, 2024
We introduce dynamic incentive contracts into a model of inflation and unemployment dynamics. Our main result is that wage cyclicality from incentives neither affects the slope of the Phillips curve…
By: Meghana Gaur (opens in a new tab), John Grigsby (opens in a new tab), Jonathon Hazell (opens in a new tab), Abdoulaye Ndiaye (opens in a new tab)
Behavioral Responses to Wealth Taxation: Evidence from Colombia (opens in a new tab)
Working Papers MAY 14, 2024
We study behavioral responses to personal wealth taxes in Colombia. We utilize tax microdata from 1993 to 2016 linked with the leaked Panama Papers to investigate offshoring to the country’s…
By: Juliana Londoño-Vélez (opens in a new tab), Javier Avila-Mahecha (opens in a new tab)
Is There Too Little Antitrust Enforcement in the US Hospital Sector? (opens in a new tab)
Working Papers APR 24, 2024
From 2002 to 2020, there were over 1,000 mergers of US hospitals. During this period, the Federal Trade Commission (FTC) took enforcement actions against 13 transactions. However, using the FTC’s…
By: Zarek Brot-Goldberg (opens in a new tab), Zack Cooper (opens in a new tab), Stuart V. Craig, Lev Klarnet (opens in a new tab)
Spending Responses to the Child Tax Credit Expansions (opens in a new tab)
Working Papers APR 2, 2024
This article summarizes the literature that studied how people used the 2021 advance Child Tax Credit. Four primary findings emerged. Families more frequently reporting paying down debt during the first…
By: Jonathan Fisher (opens in a new tab), Jake Schild (opens in a new tab), David S. Johnson
HBCU Enrollment and Longer-Term Outcomes (opens in a new tab)
Working Papers NOV 20, 2023
Using data from nearly 1.2 million Black SAT takers, we estimate the impacts of initially enrolling in an Historically Black College and University (HBCU) on educational, economic, and financial outcomes.…
By: Ashley Edwards (opens in a new tab), Justin Ortagus (opens in a new tab), Jonathan Smith (opens in a new tab), Andria Smythe (opens in a new tab)
The Effect of Means-Tested Transfers on Work: Evidence from Quasi-Randomly Assigned SNAP Caseworkers (opens in a new tab)
Working Papers NOV 13, 2023
We provide a comprehensive evaluation of the dynamic labor supply effects of the Supplemental Nutrition Assistance Program (SNAP) for a representative population using novel administrative data and an examiner design.…
By: Jason Cook (opens in a new tab), Chloe N. East
Minimum wage effects and monopsony explanations (opens in a new tab)
Working Papers OCT 16, 2023
This working paper was updated on March 5, 2024 with a new version and an additional author. We present the first causal analysis of a seven-year run-up of minimum wages…
By: Justin Wiltshire (opens in a new tab), Carl McPherson (opens in a new tab), Michael Reich (opens in a new tab), Denis Sosinskiy (opens in a new tab)
How to Fund Unemployment Insurance with Informality and False Claims: Evidence from Senegal (opens in a new tab)
Working Papers OCT 5, 2023
This paper studies the welfare effects of unemployment insurance (UI) in low-income countries characterized by high levels of informality, weak enforcement of UI claims, and job search frictions. We assess…
By: Abdoulaye Ndiaye (opens in a new tab), Kyle Herkenhoff (opens in a new tab), Abdoulaye Cissé (opens in a new tab), Alessandro Dell’Acqua (opens in a new tab), Ahmadou A. Mbaye
Resilience in Collective Bargaining (opens in a new tab)
Working Papers SEP 27, 2023
A central finding of the theoretical literature on bargaining is that parties’ attitudes towards delay influence bargaining outcomes. However, the ability to endure delays, resilience, is often private information and…
By: Carlos F. Avenancio-León, Alessio Piccolo (opens in a new tab), Roberto Pinto (opens in a new tab)
The Rise of Pass-Throughs: an Empirical Investigation (opens in a new tab)
Working Papers SEP 26, 2023
Pass-through entities have emerged as the leading U.S. business organization form in recent decades. Using comprehensive confidential administrative data, this paper highlights five core findings: (1) the rise in pass-throughs…
By: Sebastian Dyrda (opens in a new tab), Benjamin Pugsley (opens in a new tab)
The New Economics of Industrial Policy (opens in a new tab)
Working Papers SEP 19, 2023
We discuss the considerable literature that has developed in recent years providing rigorous evidence on how industrial policies work. This literature is a significant improvement over the earlier generation of…
By: Réka Juhász (opens in a new tab), Nathan Lane, Dani Rodrik (opens in a new tab)
Antitrust Enforcement Increases Economic Activity (opens in a new tab)
Working Papers SEP 13, 2023
We hand-collect and standardize information describing all 3,055 antitrust lawsuits brought by the Department of Justice (DOJ) between 1971 and 2018. Using restricted establishment-level microdata from the U.S. Census, we…
By: Tania Babina (opens in a new tab), Simcha Barkai (opens in a new tab), Jessica Jeffers (opens in a new tab), Ezra Karger (opens in a new tab), Ekaterina Volkova (opens in a new tab)
Local and National Concentration Trends in Jobs and Sales: The Role of Structural Transformation (opens in a new tab)
Working Papers SEP 6, 2023
National industrial concentration in the U.S. has risen sharply since the early 1980s, but there remains dispute over whether local geographic concentration has followed a similar trend. Using near population…
By: David Autor (opens in a new tab), Christina Patterson (opens in a new tab), John Van Reenen (opens in a new tab)
The Short-Term Labor Supply Response to the Expanded Child Tax Credit (opens in a new tab)
Working Papers JUL 26, 2023
We estimate the extensive and intensive margin labor supply response to the monthly Child Tax Credit disbursed in 2021 as a part of the American Rescue Plan Act. Using Current…
By: Brandon Enriquez (opens in a new tab), Damon Jones (opens in a new tab), Ernest V. Tedeschi
Disparities in Pollution Capitalization Rates: The Role of Direct and Systemic Discrimination (opens in a new tab)
Working Papers JUL 20, 2023
We examine how exogenous changes in exposure to air pollution over the past two decades have altered the disparities in home values between Black and White homeowners. We find that…
By: Joshua S. Graff Zivin, Gregor Singer (opens in a new tab)
Racial Inequality in the U.S. Unemployment Insurance System (opens in a new tab)
Working Papers JUL 19, 2023
The decentralized US unemployment insurance (UI) system lets states decide on key rules. Decentralization could help states efficiently adapt to local economic conditions, but it could also generate racial inequality.…
By: Daphné Skandalis (opens in a new tab), Ioana Marinescu (opens in a new tab), Maxim Massenkoff (opens in a new tab)
On Algorithmic Wage Discrimination (opens in a new tab)
Working Papers JUL 12, 2023
Recent technological developments related to the extraction and processing of data have given rise to widespread concerns about a reduction of privacy in the workplace. For a growing number of…
By: Veena Dubal (opens in a new tab)
Wealth and Property Taxation in the United States (opens in a new tab)
Working Papers JUL 5, 2023
We study the history and geography of wealth accumulation in the US, using newly collected historical property tax records since the early 1800s. The US General Property Tax was a…
By: Sacha Dray (opens in a new tab), Camille Landais (opens in a new tab), Stefanie Stantcheva (opens in a new tab)
The Impact of Austerity on Gender Inequality in Time Allocation in the United States (opens in a new tab)
Working Papers JUN 8, 2023
The Great Recession of 2007-2009 caused large declines in state revenues, prompting many states to implement austerity measures to meet their balanced budget requirements. Decreases in public spending can have…
By: Anamika Sen (opens in a new tab)
Intergenerational Mobility using Income, Consumption, and Wealth (opens in a new tab)
Working Papers JUN 7, 2023
We use fifty years of the Panel Study of Income Dynamics to study the intergenerational correlation in income, consumption, and wealth to answer the question: is intergenerational mobility similar across…
By: Jonathan Fisher (opens in a new tab), David S. Johnson
The Effectiveness of the Food Stamp Program at Reducing Differences in the Intergenerational Persistence of Poverty (opens in a new tab)
Working Papers MAY 30, 2023
This paper investigates the effects of the Food Stamp Program (FSP) on racial disparities in the intergenerational persistence of poverty. We apply staggered difference-in-difference models that exploit variation in the…
By: Benjamin Glasner (opens in a new tab), Ronald B Mincy, Zachary Parolin (opens in a new tab), Christopher Wimer (opens in a new tab)
Fitting the Bill? The First Federal Paid Leave Mandate (opens in a new tab)
Working Papers MAY 4, 2023
We find that the first federal paid leave mandate in the US, enacted under the Families First Coronavirus Response Act, increased paid leave taking by nearly 200% for eligible workers,…
By: Tanya Byker (opens in a new tab), Elena Patel (opens in a new tab), Kristin Smith (opens in a new tab)
Who Cares? Paid Sick Leave Mandates, Care-Giving, and Gender (opens in a new tab)
Working Papers MAY 4, 2023
We use employment data from the Current Population Survey to assess the efficacy of state-mandated paid sick leave policies on leave-taking behavior with a focus on any variation by gender.…
By: Tanya Byker (opens in a new tab), Elena Patel (opens in a new tab), Shanthi Ramnath (opens in a new tab)
Money Demand and Income Inequality: International Evidence using a Century of Data (opens in a new tab)
Working Papers MAR 14, 2023
Transactions and precautionary theories of money demand imply that aggregate money demand declines as income becomes more unequally distributed. In this paper I test this prediction using money demand regressions…
By: Guillermo Gallacher (opens in a new tab)
Heterogeneous Spending, Heterogeneous Multipliers (opens in a new tab)
Working Papers MAR 9, 2023
Do local fiscal multipliers depend on what the government purchases? We find that government purchases of services have larger effects on employment than spending on goods. Industries producing services are…
By: Umberto Muratori (opens in a new tab), Pedro Juarros (opens in a new tab), Daniel Valderrama (opens in a new tab)
The Impact of Paid Family Leave on Families with Health Shocks (opens in a new tab)
Working Papers MAR 6, 2023
This paper analyzes the impact of paid family leave (PFL) policies in California, New Jersey, and New York on the labor market and mental health outcomes of individuals whose spouses…
By: Courtney Coile, Maya Rossin-Slater (opens in a new tab), Amanda Su (opens in a new tab)
New Evidence on Employee Noncompete, No Poach, and No Hire Agreements in the Franchise Sector (opens in a new tab)
Working Papers FEB 23, 2023
This paper presents new evidence about the prevalence, source, scope, content, and variety of anti-competitive behavior in the labor market. Drawing from a text corpus of 17,785 franchise disclosure filings,…
By: Peter Norlander (opens in a new tab)
Wealth as Control of the Future (opens in a new tab)
Working Papers JAN 19, 2023
Wealth inequality has become a major focus of social research in recent years. This research has yielded breakthroughs in describing the present distribution of wealth holdings, the impacts that access…
By: Robert Manduca (opens in a new tab)
Political Power and Market Power (opens in a new tab)
Working Papers JAN 12, 2023
We study the link between political influence and industrial concentration. A model of an oligopoly that engages in lobbying shows that a merger may lead to an increase or a…
By: Bo Cowgill (opens in a new tab), Andrea Prat (opens in a new tab), Tommaso Valletti
Power and Dignity in the Low-Wage Labor Market: Theory and Evidence from Wal-Mart Workers (opens in a new tab)
Working Papers DEC 14, 2022
We measure workers’ preferences for wages and non-wage amenities at America’s largest employer, Walmart, using targeted survey experiments. We find that workers have an economically significant willingness to pay for…
By: Arindrajit Dube (opens in a new tab), Suresh Naidu (opens in a new tab), Adam D. Reich
Monetary Policy, Labor Income Redistribution and the Credit Channel: Evidence from Matched Employer-Employee and Credit Registers (opens in a new tab)
Working Papers NOV 17, 2022
We document the redistributive effects of monetary policy on labor market outcomes via the credit channel. For identification, we exploit matched administrative datasets in Portugal – employee-employer and credit registers…
By: Martina Jasova (opens in a new tab), Caterina Mendicino (opens in a new tab), Ettore Panetti (opens in a new tab), José-Luis Peydró (opens in a new tab), Dominik Supera (opens in a new tab)
Green Energy Jobs in the US: What Are They, and Where Are They? (opens in a new tab)
Working Papers NOV 8, 2022
Does the growth of renewable energy benefit US workers, and which workers stand to benefit the most? Until now, evidence on green energy jobs has been limited due to measurement…
By: E. Mark Curtis (opens in a new tab), Ioana Marinescu (opens in a new tab)
Global Trends in Income Inequality and Income Dynamics: New Insights from GRID (opens in a new tab)
Working Papers NOV 7, 2022
The Global Repository of Income Dynamics (GRID) is a new open-access, crosscountry database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four…
By: Fatih Guvenen (opens in a new tab), Luigi Pistaferri (opens in a new tab), Giovanni L. Violante
Your Direct Line to Cutting Edge Research
Be the first to know about our latest events, research releases, and expert insights. Get exclusive updates delivered right to your inbox and never miss an opportunity to engage with our community.