Research Briefs·May 21, 2026

Why Bans Fail: Tipping Points and Australia’s Social Media Ban

Leonardo Bursztyn, Angela Duckworth, Rafael Jiménez-Durán, Aaron Leonard, Filip Milojević, Christopher Roth, and Cass R. Sunstein
Roughly one in four 14-15-year-old Australian youth complied with a recent ban of social media, far below the two-thirds needed...
Topics: Technology & Innovation
Podcasts episode·Jun 11, 2025

AI, the Economy, and Public Policy

Tess Vigeland, Caroline Grossman, Anders Humlum, Sanjog Misra, Samir Mayekar, and Alex Tamkin
How is AI impacting the economy today? What might this mean for tomorrow? This episode brings you inside a discussion...
Topics: Technology & Innovation
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·Jun 17, 2024

Inflation and Trading

Michael Weber, Philip Schnorpfeil, and Andreas Hackethal
Beliefs about how inflation impacts asset returns vary widely across investors, who are often overly optimistic. Information about past returns...
Topics: Monetary Policy
Research Briefs·Jun 12, 2024

Discount Factors and Monetary Policy: Evidence from Dual-Listed Stocks

Quentin Vandeweyer, Minghao Yang, and Constantine Yannelis
Surprise changes in US monetary policy rates directly affect asset prices, with a 100-basis point surprise cut resulting in a...
Topics: Monetary Policy
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·Apr 16, 2024

Sticky Discount Rates

Masao Fukui, Niels Gormsen, and Kilian Huber
Firms often keep their nominal discount rates constant even in the face of changing inflation expectations. Increases in expected inflation...
Topics: Monetary Policy