In our first seminar of the Spring semester, Bohnet and Chilazi will give an overview of their book and the theme of this ...

November 2024, Paper: "Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this relationship, I examine a market structure in which a ...

December 6, 2020, Opinion: "In the evolution of the U.S. economy over the past four decades, one fact stands out as especially puzzling: the large and fairly steady decline in interest rates. Consider ...

February 2021, Book Chapter: "I bring up this fact because we live in a time when inequality is high, when demonizing the rich is popular in some political circles, and when various policies are being ...

May/June 2021, Opinion: "For decades, the promise of globalization has rested on a vision of a world in which goods, services, and capital would flow across borders as never before; whatever its other ...

October 12, 2021, Paper: "Economic inequality affects not only how individuals judge and behave in their own lives, but also how those individuals’ judge and behave toward others – both people and ...

May 2020, Paper: "We investigate whether ESG ratings predict future ESG news and the associated market reactions. We find that the consensus rating predicts future news, but its predictive ability ...

August 2020, Paper: "China’s real estate has been a key engine of its sustained economic expansion. This paper argues, however, that even before the Covid-19 shock, a decades-long housing boom had ...

2020, Book Chapter, "This internet barely existed in a commercial sense 25 years ago. In the mid1990s, when the data packets travelled to users over dial-up, the main internet traffic consisted of ...

May 2020, Paper, "Rising profitability and market valuations of US businesses, sluggish wage growth and a declining labor share of income, and reduced unemployment and inflation, have defined the ...

2021, Paper: "We characterize optimal monetary policy in response to asymmetric shocks that shift demand from one sector to another, a condition arguably faced by many economies emerging from the ...

May 2020, Paper, "Impact investing has grown significantly over the past 15 years. From a niche investing segment with only $25 billion AUM in 2013 (WEF 2013), it experienced double-digit growth and ...