Publications & Papers

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Information Frictions in Macroeconomics: The Legacy of Robert E. Lucas, Jr.

Journal of Monetary Economics,
Robert M. Townsend
October 2025
Financial Economics, Public Economics

New Evidence on the Money's Worth of Immediate and Deferred Individual Annuities

James Poterba, Adam Solomon
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

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

Dejanir H. Silva, Robert M. Townsend
October 2025
Labor Economics

Tasks at Work: Comparative Advantage, Technology and Labor Demand

Handbook of Labor Economics, Volume 6, pp. 1-114.
Daron Acemoglu, Fredric Kong, Pascual Restrepo
September 2025
Macroeconomics

Optimal Policy Rules in HANK

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

Poor Economics: Revised and Updated

A Radical Rethinking of the Way to Fight Global Poverty
Abhijit V. Banerjee and Esther Duflo
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
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Labor Economics

Expertise

Journal of the European Economic Association, 23(4), pp. 1203–1271.
David Autor, Neil Thompson
August 2025
Quarterly Journal of Economics
Behavioral Economics, Health Economics, Public Economics

Lives Versus Livelihoods: The Impact of the Great Recession on Mortality and Welfare

Amy Finkelstein, Matthew J. Notowidigdo, Frank Schilbach, and Jonathan Zhang
August 2025
Quarterly Journal of Economics
Econometrics

Structural Estimation Under Misspecification: Theory and Implications for Practice

Quarterly Journal of Economics 2025; 140(3): 1801–1855
Isaiah Andrews, Nano Barahona, Matthew Gentzkow, Ashesh Rambachan, Jesse M. Shapiro
August 2025
Labor Economics

Employment and Community: Socioeconomic Cooperation and Its Breakdown

Daron Acemoglu and Alexander Wolitzky
July 2025
Financial Economics

Do Markets Believe in Transformative AI?

Isaiah Andrews and Maryam Farboodi
July 2025

Sources

Replication Package
Development Economics

Fisher–Schultz Lecture: Generic Machine Learning Inference on Heterogeneous Treatment Effects in Randomized Experiments, With an Application to Immunization in India

Victor Chernozhukov, Mert Demirer, Esther Duflo, Ivan Fernandez-Val
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