Podcasts episode·Apr 1, 2025

Crypto’s Fatal Flaw: Trust, Scale, and the Economics of Blockchain

Tess Vigeland and Eric Budish
Crypto’s most groundbreaking innovation, permissionless consensus, may also be its greatest vulnerability. In this episode, Chicago Booth economist Eric Budish...
Topics: Financial Markets, Technology & Innovation
Research Briefs·Sep 4, 2024

What Middle-Income Countries Can Learn from America’s Innovation System

Somik Lall and Ufuk Akcigit
The American model of innovation has long been the envy of the world. From the garage tinkerers of Silicon Valley...
Topics: Technology & Innovation
Podcasts episode·Jul 3, 2024

Using Cellphone Data to Observe Religious Worship in the United States

Tess Vigeland and Devin Pope
Using Cellphone Data to Observe Religious Worship in the United States What do location data from roughly 2.1 million cellphones...
Topics: Technology & Innovation
Research Briefs·May 17, 2024

Gaining Steam: Incumbent Lock-in and Entrant Leapfrogging

Anders Humlum and Richard Hornbeck
The adoption of new technologies can be slowed if companies become locked into alternatives that are cheaper at the outset....
Topics: Technology & Innovation
Research Briefs·May 1, 2024

Access to Credit Reduces the Value of Insurance

Sonia Jaffe, Anup Malani, and Julian Reif
Insurance is less valuable when people can also smooth their spending using loans. Access to a five-year loan decreases the...
Topics: Financial Markets
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·Feb 27, 2024

A Commitment Rule for Insolvency Forum

Anthony J. Casey, Aurelio Gurrea-Martínez, and Robert K. Rasmussen
A new commitment rule regarding forums for international insolvency would not only benefit debtors and creditors, but also society at...
Topics: Financial Markets
Podcasts episode·Feb 20, 2024

Closing the Achievement Gap: Is There an App for That?

Tess Vigeland and Ariel Kalil
Children whose parents have college degrees are often more skilled readers than children whose parents didn’t attend college. In this...
Topics: Early Childhood Education, Technology & Innovation
Research Briefs·Jan 18, 2024

Refinancing Frictions, Mortgage Pricing and Redistribution

Joseph S. Vavra, David W. Berger, Konstantin Milbradt, and Fabrice Tourre
Homebuyers who refinance their mortgages more often end up paying less in the long run than those who rarely refinance....
Topics: Financial Markets