Podcast 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
Podcast Apr 30, 2024

Fighting Traffic in Chicago: Lower Fares, More Trains, Fewer Buses

Tess Vigeland and Milena Almagro
American cities are overreliant on cars. Policies for reducing this gridlock and pollution range from changing public transit fares or...
Topics: Industrial Organization
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
Podcast 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·Oct 23, 2023

From Transcripts to Insights: Uncovering Corporate Risks Using Generative AI

Alex G. Kim, Maximilian Muhn and Valeri Nikolaev
ChatGPT generates measures of corporations’ exposure to risks that outperform existing measures in predicting firm-level stock market volatility and firms’...
Topics: Technology & Innovation
Research Briefs·Aug 10, 2023

ChatGPT and Corporate Policies

Manish Jha, Jialin Qian, Michael Weber and Baozhong Yang
Investment scores generated by ChatGPT using conference call transcripts are strongly predictive of companies’ future capital expenditures for up to...
Topics: Technology & Innovation
Research Briefs·Jun 8, 2023

Micro- and Macroeconomic Impacts of a Place-Based Industrial Policy

Enghin Atalay, Ali Hortaçsu, Chad Syverson and Mehmet Fatih Ulu
Turkey’s Law 2012/3305 boosted economic activity among businesses in eligible industries/provinces and led to positive spillovers to the suppliers and...
Topics: Industrial Organization
Research Briefs·May 10, 2023

Managers and Productivity in Retail

Robert D. Metcalfe, Alexandre B. Sollaci and Chad Syverson
Individual managers impact retail business productivity substantially; replacing a manager at the bottom of the quality distribution by one at...
Topics: Industrial Organization
Research Briefs·May 4, 2023

Bloated Disclosures: Can ChatGPT Help Investors Process Information?

Alex G. Kim, Maximilian Muhn and Valeri Nikolaev
Using GPT to summarize corporate disclosures results in summaries that are shorter and more informative than the originals. “Bloated” disclosures...
Topics: Technology & Innovation