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Artificial Intelligence: Promises, Risks, and Regulation
There is something new under the sun. Many of our beliefs and certainties may be coming to an end. Like the ancient navigators contemplating the immensity of the oceans, full of promises, mysteries, ...
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US unemployment remains worse than it seems as millions still out of the labor force - Jason Furman & WIllie Powell
March 5, 2021, Opinion: "The labor market improved in February 2021 as employers added 379,000 jobs, leaving the economy at 11.9 million jobs below its pre-pandemic trend. At the same time the ...
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Government and Economics: An Emerging Field of Study - Eric Maskin
June 2021, Paper: "In this paper, we discuss the field of government and economics, an emerging body of work that aims to better understand government’s role, incentives and behavior in a modern ...
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The Department of Justice as a Gatekeeper in Whistleblower-Initiated Corporate Fraud Enforcement: Drivers and Consequences
2020, Paper: "We examine drivers and consequences of U.S. Department of Justice (DOJ) oversight of whistleblower cases of corporate fraud against the government. We find that the DOJ is more likely to ...
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Financial shame spirals: How shame intensifies financial hardship - Jon M. Jachimowicz
July 2021, Paper: "Financial hardship is an established source of shame. This research explores whether shame is also a driver and exacerbator of financial hardship. Six experimental, archival, and ...
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Estimating the Distributional Implications of the Tax Cuts and Jobs Act - Aparna Mathur
2021, Paper: "This paper provides a distributional analysis of the Tax Cuts and Jobs Act (TCJA), with implications for American households from changes to the individual income and corporate income ...
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Stakeholder Capitalism: The Case For and Against - Lucian Bebchuk
December 15, 2020, Video: "London Business School's Centre for Corporate Governance held this virtual event on 10 December 2020, in partnership with the European Corporate Governance Institute and the ...
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The Right Discount Rate for Regulatory Costs and Benefits - James Stock
March 4, 2021, Opinion: "Suppose that regulation of greenhouse gas emissions from power plants would produce large benefits in 30 years—but only modest benefits today. Suppose at the same time that ...
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The Implications of Economic Incentives & Institutions for Innovation & Market Emergence - Shane Greenstein
July 26, 2021, Paper: "The symposium features four papers that examine how institutions shape the nature of economic exchange for technologies, firms, industries, and nations. The four papers use ...
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You may get more work done at home. But you’d have better ideas at the office - Edward Glaeser and David Cutler
September 25, 2021, Opinion: "On Sept. 9, Microsoft canceled its plans for a back-to-the-office target date of Oct. 4 and said it would no longer forecast when it would fully reopen its U.S. work ...
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Patent Collateralization: The Effect of Policy and Impact on Patenting - Richard Freeman
July 29, 2020, Paper, "Pledging patents as loan collateral has increased in advanced countries with the growth of intangibles in the value of firms. Despite China's less sophisticated market in ...
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Around the halls: What should the regulation of generative AI look like?
June 5, 2023, Opinion: "We are living in a time of unprecedented advancements in generative artificial intelligence (AI), which are AI systems that can generate a wide range of content, such as text ...