This article provides a concise narrative overview of the rapidly growing empirical literature on financial literacy and financial education. We first discuss stylized facts on the demographic ...

The network of economists who publish in leading journals is generally perceived as small, exclusive, and tightly knit. We study how author-editor and author-reviewer network connectivity and “match” ...

Generative Artificial Intelligence (AI) is a potentially important new technology, but its impact on the economy depends on the speed and intensity of adoption. This paper reports results from the ...

Daron Acemoglu, Simon Johnson, and James Robinson. Research associates Daron Acemoglu, Simon Johnson, and James Robinson have ...

Concerns over the excessive use of mobile phones, especially among youths and young adults, are growing. Leveraging administrative student data from a Chinese university merged with mobile phone ...

Bucky’s Tuition Promise (BTP) at the University of Wisconsin–Madison offers generous financial aid to low-income, in-state students. Unlike many similar programs at other public universities, ...

Previous studies document the potential links between early-life insults and life-cycle outcomes. However, fewer studies examine the effects of local labor market shocks during early-life on old-age ...

This paper investigates why the U.S. unemployment rate rose only a few percentage points despite the dramatic decline in government spending and other upheaval at the end of World War II. Using a new ...

This paper studies optimal information disclosure in dynamic insurance economies with income risk in which an incumbent firm acquires more information about a consumer's persistent type than the rest ...

We study the relation between bank funding costs and the financial sophistication of bank customers. In doing this, we make use of a natural experiment that allows us to identify banks that—either ...

We survey the quantitative research literature linking climate and conflict, a body of research that spans multiple academic disciplines and has roughly doubled in size in the last decade. It makes ...

Digital platforms can carry many suppliers’ products, test the products’ consumer appeal, and choose which products to promote, potentially shifting power from the suppliers to the platforms. We study ...