Research Library

The surge in brain disorders is having a notable effect on the economy. Brain Capital, which takes into account cognitive and non-cognitive brain abilities as well as brain health, is becoming increasingly essential to the world's economies. This is particularly evident in light of the progression of AI technology, which is substituting positions that require minimal skills.

The authors investigate the connection between the choice of transportation mode used by commuters and the probability of COVID-19 transmission.

The authors conduct a rigorous econometric evaluation of the costs and benefits of the Jones Act in the product tanker market.

This working paper studies optimal taxation in a dynamic stochastic economy in which there is uncertainty about the effects of climate change. It concludes that model uncertainty has significant quantitative implications regarding optimal greenhouse gas emissions and the optimal mix of fossil fuel used.

Technological progress in the exploration and production of oil and gas during the 2000s has led to a boom in upstream investment and has increased the domestic supply of fossil fuels. It is unknown, however, how many jobs this boom has created. Using time-series methods at the national level and dynamic panel methods at the state level to understand how the increase in exploration and production activity has impacted employment, this paper finds robust statistical support for the hypothesis that changes in drilling for oil and gas as captured by rig counts do, in fact, have an economically meaningful and positive impact on employment.