Measuring the Market for Legal Firearms
The Massachusetts Firearms Records Bureau recently published administrative data covering the universe of legal firearm transactions in the state.
Research
America's Many Chip Vulnerabilities
To head off the risk of catastrophic semiconductor supply disruptions that could bring its economy to a halt, the United States needs a coherent strategy that embraces all nodes of the industry.
The Market and Climate Implications of U.S. LNG Exports
From 2015 to 2023, the United States transformed from a net importer of natural gas to the world's largest liquified natural gas (LNG) exporter.
Beyond a niche approach: Could social business become the norm?
[T]here is an imperative to examine how alternative forms of organizing--ones that diverge from the dominant corporate model focused solely on profit maximization--can help confront this multidimensio
The Battle for the Internet
For the last two centuries, great powers have fiercely competed to set the technical standards for leading technologies.
The Cost of Money is Part of the Cost of Living: New Evidence on the Consumer Sentiment Anomaly
Unemployment is low and inflation is falling, but consumer sentiment remains depressed.
Medicare price negotiation and pharmaceutical innovation following the Inflation Reduction Act
The Inflation Reduction Act (IRA) requires Medicare to negotiate lower prices for some medicines with high Medicare spending.
Risks in Renaissance Art: Production, Purchase, and Reception
This Element represents the first systematic study of the risks borne by those who produced, commissioned, and purchased art, across Renaissance Europe.
On the design of effective sanctions: the case of bans on exports to russia
We build on Baqaee and Farhi (2019, 2021) and derive a theoretically-grounded criterion that allows targeting bans on exports to a sanctioned country at the level of ~5000 6-digit HS products.
How Does Accounting for Population Change Affect Estimates of the Effect of Immigration Policies on the Federal Budget?
We report estimates from the Penn Wharton Budget Model (PWBM) that exempting employment-based green cards from statutory limits for applicants (and their families) who have earned a doctoral or master
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