“...Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between...”

“...Investors value the liquidity and safety of US Treasuries. We document this by showing that changes in Treasury supply have large effects on a variety of yield...”

“...To study the impact of macroprudential policy on credit supply cycles and real effects, we analyze dynamic provisioning. Introduced in Spain in 2000, revised...”

“...We present a theory of context-dependent choice in which a consumer’s attention is drawn to salient attributes of goods, such as quality or price. An attribute...”

“...If people enjoy giving, then why do they avoid fund-raisers? Partnering with the Salvation Army at Christmastime, we conducted a randomized field experiment...”

“...Large cities produce more output per capita than small cities. This higher productivity may occur because more talented individuals sort into large cities,...”