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 ...

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 ...

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 ...

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.

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 ...

We examine evidence on the well-being and ill-being of the young for 22 countries in the Global Flourishing Study (GFS) 2022-2024 with the commonly used 12-component “flourishing” index and a new ...

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 ...

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 ...

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 study the large-scale implementation of a system of specialized domestic violence courts (SDVCs), an innovation in access to justice programs for potential victims of intimate partner violence (IPV ...

Recent macroeconomic events have caused short-lived changes in these comovements, and periods with high risk premia tend to be periods in which bond-stock comovements are large in absolute value. The ...