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4 days ago · Working Paper 32719. DOI 10.3386/w32719. Issue Date July 2024. We study the causal impacts of income on a rich array of employment outcomes, leveraging an experiment in which 1,000 low-income individuals were randomized into receiving $1,000 per month unconditionally for three years, with a control group of 2,000 participants receiving $50/month.
5 days ago · Graph and download economic data for NBER based Recession Indicators for the United States from the Period following the Peak through the Trough (USRECD) from 1854-12-01 to 2024-07-21 about peak, trough, recession indicators, and USA.
4 days ago · Abstract. Korea's real exchange rate has displayed a mild downward trend since the 1980s, with fluctuations of ±20 percent around that trend. This pattern is surprising because the classic Harrod-Balassa-Samuelson framework suggests that countries experiencing rapid growth in the productivity of their tradable industries should experience real currency appreciation over time.
13 hours ago · Bryan Kelly is the Frederick Frank ’54 and Mary C. Tanner Professor of Finance at the Yale School of Management, a Research Fellow at the National Bureau of Economic Research, Associate Director of SOM’s International Center for Finance, and is the head of machine learning at AQR Capital Management, LLC.
5 days ago · Because economic indicators change at different times, it is the National Bureau of Economic Research (NBER) that ultimately determines the official dates of peaks and troughs in U.S. business...
4 days ago · Large Firms in the South Korean Growth Miracle,” working paper, National Bureau of Economic Research, July 2024. Commentary: In a working paper published by the National Bureau of Economic Research, Jaedo Choi, et al., investigated the effect of “superstar” firms in South Korea during the so-called “miracle growth period” from 1972 to 2011, when South Korea experienced rapid ...
1 day ago · Health-Harming Effects of a Utility Shut-off from the National Bureau of Economic Research: Inability to power medical equipment like oxygen concentrators and breast pumps; Inability to refrigerate medications, breast milk, and temperature-sensitive infant foods;
