This year's Nobel Prize in Economic Sciences was awarded to Robert E. Hall and Michael Woodford for their work on the microeconomic foundations of business cycles. Hall is the Robert and Carole McNeil ...

Semiconductors have emerged as a headline in the resurgence of modern industrial policy. This paper explores the political economic history of the sector, the changing nature of the semiconductor ...

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Unlucky young workers entering the labor market in recessions suffer a range of medium- to long-term consequences. This paper summarizes the findings of the growing empirical literature on this ...

Computers are now involved in many economic transactions and can capture data associated with these transactions, which can then be manipulated and analyzed. Conventional statistical and econometric ...

We establish a link between labor scarcity and the adoption of laborsaving technology in industrializing England. During the Napoleonic Wars, more than 10 percent of the male population served in the ...

We evaluate policies to increase prosocial behavior using a field experiment with 1,500 referees at the Journal of Public Economics. We randomly assign referees to four groups: a control group with a ...

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Behavioral Economics: Past, Present, and Future by Richard H. Thaler. Published in volume 106, issue 7, pages 1577-1600 of American Economic Review, July 2016 ...

Large exporters are simultaneously large importers. We show that this pattern is key to understanding low aggregate exchange rate pass-through as well as the variation in pass-through across exporters ...

Climate Change: The Ultimate Challenge for Economics by William Nordhaus. Published in volume 109, issue 6, pages 1991-2014 of American Economic Review, June 2019 ...