"This paper proposes that test-optional policies are a response to social pressure on admission decisions." NEW in the American Economic Review by Wouter Dessein, Alex Frankel, and Navin Kartik: aeaweb.org/articles?id=10…

"Using geographic discontinuities in the Norwegian annual net-wealth tax and third-party-reported data on savings, I find that wealth taxation causes households to save more." NEW in The Review of Economic Studies by Marius A. K. Ring (Marius Ring): academic.oup.com/restud/article…

Join us for the 6th Women in International Economics Conference, October 16-17, 2025 at Yale University! Ft. Pinelopi Goldberg as keynote speaker. Agenda below, and more information here: cowles.yale.edu/events/2025/wo…

What is America’s infrastructure cost problem? New IFP Statecraft interview + podcast w/ Zachary Liscow and Santi Ruiz: statecraft.pub/p/what-is-amer…

"This paper revisits the relationship between international trade, trade policy, and development in light of the structural, policy, and geopolitical shifts that have transformed globalization over the past decade." NEW in NBER by Goldberg & Ruta: nber.org/papers/w34283

NEW in NBER: "Drivers of Digital Payment Adoption: Lessons from Brazil, Costa Rica, and Mexico" By David Argente, Paula Gonzalez Alvarez, Esteban Méndez, and Diana Van Patten: nber.org/papers/w34280

This paper combines a model of individual voting decisions with data on general elections for the U.S. House of Representatives to study election outcomes. NEW Discussion Paper by Steven Berry, Christian Cox, & Philip Haile: cowles.yale.edu/research/cfdp-…

We stopped by #YaleAtClimateWeek to talk with Michael Grunwald about the bad science behind biofuels and how to fix the climate food crisis. Thanks to everyone who joined a great discussion!

Huge thanks to Ilse Lindenlaub (Yale Department of Economics) for visiting UNC Economics this week and sharing her exciting work on “Meritocracy Across Countries.” Below is Ilse with our PhD students =). The full paper is here: drive.google.com/file/d/1PXR-81…

Digital payments can displace cash and extend access, but success hinges on rapid diffusion to low-income groups. Brazil's Pix and Costa Rica's Sinpe Móvil achieved this, but Mexico's CoDi has not, from David Argente, Paula Gonzalez Alvarez, Esteban Méndez, and @dianavanpatten

Revisiting the relationship between international trade, trade policy, and development in light of the structural, policy, and geopolitical shifts that have transformed globalization over the past decade, from Pinelopi Goldberg and Michele Ruta nber.org/papers/w34283

NEW in JPE: "Changes in Marital Sorting: Theory and Evidence from the United States" By Pierre-André Chiappori, Monica Costa Dias, Costas Meghir, and Hanzhe Zhang: journals.uchicago.edu/doi/10.1086/73…

NEW Discussion Paper: "Optimal Estimation in a Multicointegrated System" By Igor Kheifets & Peter C. B. Phillips: cowles.yale.edu/research/cfdp-…

To celebrate Professor Steve Berry and his lifetime of accomplishments, we interviewed many colleagues and students and wrote about the lasting impact of his work, in the words of those who know him best: tobin.yale.edu/news/250930/la…

Yale-led research introduces a new framework to show how protectionist policies ripple through global markets, reducing U.S. deficits but eroding real consumption. NEW research by Samuel Kortum, Lorenzo Caliendo, and Fernando Parro: economics.yale.edu/news/251002/ne…

NEW Discussion Paper: "Edgeworth Expansions in Curved Cross Section Autoregression" By Peter C. B. Phillips: cowles.yale.edu/research/cfdp-…