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Research Briefs·Apr 3, 2024

Optimal Urban Transportation Policy: Evidence from Chicago

Milena Almagro, Felipe Barbieri, Juan Camilo Castillo, Nathaniel Hickok, and Tobias Salz
In Chicago, welfare would be increased by charging almost nothing for public transit, increasing the frequency of trains, and lowering...
Topics: Industrial Organization
Research Briefs·Mar 25, 2024

Banks in Space

Ezra Oberfield, Esteban Rossi-Hansberg, Nicholas Trachter, and Derek Wenning
The banking deregulation of the 1980s and 90s provides unique evidence of the way in which banks set up their...
Topics: Financial Markets
Research Briefs·Jul 26, 2023

Exporting, Global Sourcing, and Multinational Activity: Theory and Evidence from the United States

Pol Antràs, Teresa C. Fort, Evgenii Fadeev, and Felix Tintelnot
Multinational firms (MNEs) are more likely to trade not only with countries in which they have affiliates, but also with...
Topics: Financial Markets
Research Briefs·Jul 20, 2023

Remote Work and City Structure

Ferdinando Monte, Charly Porcher, and Esteban Rossi-Hansberg
US cell-phone-based mobility data reveal that central business trips in large cities have stabilized at about 60% of pre-pandemic levels,...
Topics: Employment & Wages
Research Briefs·Jun 8, 2023

Anticipating Climate Change Across the United States

Adrien Bilal and Esteban Rossi-Hansberg
A new dynamic spatial model of the US economy and its 3,143 counties, featuring costly forward-looking migration and capital investment...
Topics: Energy & Environment
Research Briefs·Mar 17, 2023

Market Size and Trade in Medical Services

Jonathan I. Dingel, Joshua D. Gottlieb, Maya Lozinski, and Pauline Mourot
Larger regions are more efficient at producing medical services. This leaves policymakers with a trade-off between concentrating medical care production...
Topics: Health care
Research Briefs·Aug 19, 2019

The Effects of Foreign Multinationals on Workers and Firms in the United States

Bradley Setzler and Felix Tintelnot
The typical worker earns 7% more at the average foreign multinational than at the average domestic firm, and every one...
Topics: Employment & Wages