“...We provide evidence that democracy has a positive effect on GDP per capita. Our dynamic panel strategy controls for country fixed effects and the rich dynamics...”

“...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...”

“...We show that financial knowledge is a key determinant of wealth inequality in a stochastic life cycle model with endogenous financial knowledge accumulation,...”

“...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 develop an endogenous growth model in which clean and dirty technologies compete in production. Research can be directed to either technology. If dirty...”

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

“...536 [Journal of Political Economy, 2010, vol. 118, no. 3] 2010 by The University of Chicago. All rights reserved. 0022-3808/2010/11803-0004$10.00 Identifying...”