Working Papers | NBER - National Bureau of Economic Research
The NBER distributes more than 1,200 Working Papers each year. Papers issued more than 18 months ago are open access. More recent papers are available without charge to affiliates of subscribing academic institutions, employees of NBER Corporate Associates, government employees in the US, journalists, and residents of low-income countries.
How the US-China Trade War Affected the Rest of the World
U pendin g a decades-long effort to reduce global trade barriers, China and the United States began mutually escalating tariffs on $450 billion in trade flows in 2018 and 2019. These tariff increases reduced trade between the US and China, but little is known about how trade was affected in the rest of the world. In The US-China Trade War and Global Reallocations (NBER …
Research | NBER
The traditional 30-year, fixed-rate, nonassumable mortgage used by most home buyers in the United States can create strong disincentives to move when interest rates rise. In Household Mobility and Mortgage Rate Lock (NBER Working Paper 32781), Jack Liebersohn and Jesse Rothstein find that rising rates in the last three years have discouraged ...
Unpacking the Causes of Pandemic-Era Inflation in the US
The annual inflation rate, as measured by the Consumer Price Index, was 1.7 percent in February 2021 but rose to more than 5 percent in June 2021. It continued rising for another year, peaking at about 9 percent in June 2022. The rise in the inflation rate has been attributed to many factors. The US response to the COVID-19 pandemic included a ...
The Economic Impact of Climate Change over Time and Space
Jan 5, 2022 · By Klaus Desmet and Esteban Rossi-Hansberg. Climate change is an unintended consequence of the industrialization of the world economy. The evidence that human activity has released large amounts of CO2 into the atmosphere, leading to rising global temperatures, is by now uncontroversial. However, so far, the scientific and political recognition ...
experienced an average decrease of 11.5 hours of work per week and a 21% decrease in weekly earnings, arnings for 52% of the sample, which again re ects s. variation in the e ects of COVID-19 across students. In terms of labor market expectations, on average, students foresee a 13 percentage points decrease in.
Wealth Inequality in the United States - NBER
Jun 30, 2021 · However, from 2016 to 2019 there was actually a small decline in inequality, with the top percentile share down by 1.4 percentage points, the Gini coefficient down by 0.008, and the mean wealth of the top 1 percent down by 1.9 percent. Another notable trend is the sharp increase in relative debt after 1983, with the debt-income and the debt-net ...
The Benefits of Rehabilitative Incarceration | NBER
Apr 6, 2020 · Figure 2. In Norway, the average time spent in prison is a little over six months, which is similar to most other Western European countries. This contrasts with average US prison time of almost three years, which is in large part the reason the United States is an outlier in its incarceration rate compared with the rest of the world [Figure 1].
New Evidence on the Impacts of Birth Order | NBER
Jan 5, 2018 · We find that the probability of having high blood pressure declines with birth order, and the largest gap is between first- and second-borns. Second-borns are about 3 percent less likely to have high blood pressure than firstborns; fifth-borns are about 7 percent less likely to have high blood pressure than firstborns.
US Environmental Policies, the Environment, and the Economy
Jul 5, 2022 · Launched in 2007, the NBERs Environment and Energy Economics (EEE) Program brings together scholars working on environmental, energy, and natural resource economics. The EEE Program now has 126 affiliated researchers, 53 of whom share an appointment in another NBER program. EEE researchers have …. 12/31/2023.