Publications & Papers

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Industrial Organization, Political Economy

Online Business Models, Digital Ads, and User Welfare

Daron Acemoglu, Daniel Huttenlocher, Asuman Ozdaglar, James Siderius
October 2025

Risk-taking over the Life Cycle: Aggregate and Distributive Implications of Entrepreneurial Risk

Dejanir H. Silva, Robert M. Townsend
October 2025

Incentive-Compatible Unemployment Reinsurance for the Euro Area

Karaivanov, Alexander, Benoit Mojon, Luiz Pereira da Silva, Albert Pierres Tejada and Robert M Townsend
October 2025
Macroeconomics

Optimal Policy Rules in HANK

Revise and resubmit, The Review of Economic Studies
Alisdair McKay, Christian Wolf
September 2025

The Algorithm Advantage: Ranked Application Systems Outperform Decentralized and Common Applications in Boston and Beyond

NBER Working Paper #34207
Christopher Avery, Geoffrey Kocks & Parag Pathak
September 2025
Development Economics

Intergenerational Impacts of Secondary Education: Experimental Evidence from Ghana

Esther Duflo, Pascaline Dupas, Elizabeth Spelke, Mark Walsh
August 2025
Econometrics

Estimation in Linear Models with Clustered Data

Anna Mikusheva, Mikkel Sølvsten and Baiyun Jing
August 2025

Optimal School System and Curriculum Design: Theory and Evidence

NBER Working Paper #34091
Glenn Ellison, Parag Pathak
August 2025
Financial Economics

Do Markets Believe in Transformative AI?

Isaiah Andrews and Maryam Farboodi
July 2025

Sources

Online Supplement
International Economics, Political Economy

Why is Trade Not Free? A Revealed Preference Approach

Rodrigo Adão, John Sturm Becko, Arnaud Costinot, and Dave Donaldson
July 2025
Labor Economics

Places versus People: The Ins and Outs of Labor Market Adjustment to Globalization

David Autor, David Dorn, Gordon Hanson, Maggie R. Jones, Bradley Setzler
June 2025
Political Economy

Institutions, Technology and Prosperity: Nobel Lecture

American Economic Review, 115(6): 1709–1748.
Daron Acemoglu
June 2025
Political Economy

Culture, Institutions and Social Equilibria: A Framework

Journal of Economic Literature, 63(2), pp. 637–92
Daron Acemoglu, James A. Robinson
June 2025
Labor Economics, Organizational Economics

Eclipse of Rent-Sharing: The Effects of Managers Business Education on Wages and the Labor Share in the US and Denmark

Daron Acemoglu, Alex Xi He, Daniel le Maire
June 2025

Bank Branching Strategies in the 1997 Thai Financial Crisis and Local Access to Credit

Marc Rysman, Robert M. Townsend, and Christoph Walsh
June 2025
Political Economy

AI and Social Media: A Political Economy Perspective

forthcoming, in The Political Economy of Artificial Intelligence, Ajay Agrawal, Joshua Gans, Avi Goldfarb & Catherine Tucker, eds., University of Chicago Press.
Daron Acemoglu, Asuman Ozdaglar, James Siderius
May 2025
Macroeconomics

FCI-plot: Central Bank Communication Through Financial Conditions

Ricardo J. Caballero, Alp Simsek
May 2025

Putting School Surveys to the Test

Revise and resubmit, American Economic Review.
Joshua Angrist, Peter Hull, Russell Legate-Yang, Parag A. Pathak, Christopher R. Walters
March 2025