Research Working Paper Archive

Research staff produce Research Working Papers on a wide range of economic topics.

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440 result(s) found
Article Title Author(s) Date Type

Economic Benefits and Social Costs of Legalizing Recreational Marijuana

Economic benefits of legal recreational marijuana are broadly distributed, while costs are more concentrated among individuals.

Jason P. Brown
Elior Cohen
Alison Felix Expandable Row
September 29, 2023
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Threshold Endogeneity in Threshold VARs: An Application to Monetary State Dependence

A new method refines the threshold vector autoregressive model used to study the effects of monetary policy.

Dimitris Christopoulos
Peter McAdam
Elias Tzavalis Expandable Row
July 28, 2023
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Code and Replication files for "Did the Federal Reserve Break the Phillips Curve? Theory and Evidence of Anchoring Inflation Expectations"

Code and Replication files for "Did the Federal Reserve Break the Phillips Curve? Theory and Evidence of Anchoring Inflation Expectations"

Brent Bundick
A. Lee Smith Expandable Row
June 29, 2023
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Which Types of Unbanked Households Are More (or Less) Likely to Open a Bank Account?

Unbanked households are more likely to open a bank account if they had one before and have access to digital payment methods.

Fumiko Hayashi
Aditi Routh
Ying Lei Toh Expandable Row
June 20, 2023
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Understanding Models and Model Bias with Gaussian Processes

Using counterfactual reasoning and Gaussian process models can help detect bias in machine learning models.

Thomas R. Cook
Nathan M. Palmer Expandable Row
June 15, 2023
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Drought and Cattle: Implications for Ranchers

Drought has a temporary positive effect on rancher revenues, but a negative effect on cattle herd sizes and earnings.

David Rodziewicz
Jacob Dice
Cortney Cowley Expandable Row
June 2, 2023
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Supplemental material for "Housing Market Impairment from Future Sea-Level Rise Inundation Journal: Environmental Systems and Decisions"

Supplemental material for "Housing Market Impairment from Future Sea-Level Rise Inundation Journal: Environmental Systems and Decisions"

Christopher J. Amante
Eugene Wahl
David Rodziewicz
Jacob Dice Expandable Row
May 25, 2023
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Data file for "Housing Market Impairment from Future Sea-Level Rise Inundation"

Data file for "Housing Market Impairment from Future Sea-Level Rise Inundation"

Jacob Dice
David Rodziewicz
Eugene Wahl
Christopher J. Amante Expandable Row
May 25, 2023
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Janus’s Money Demand and Time Inconsistency: A New Impossibility Theorem?

A new model of money demand incorporates consumers’ past and future habits to shed light on time inconsistency in monetary policy.

João Ricardo
Peter McAdam Expandable Row
May 11, 2023
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R&D Capital and the Idea Production Function

Developing new ideas requires not only researchers but also R&D capital—that is, targeted investment in research equipment.

Jakub Growiec
Peter McAdam
Jakub Mućk Expandable Row
May 11, 2023
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