BFI Working Paper·Jul 28, 2026

Reserves and the Buyer of Last Resort

Frédéric Boissay and Harald Uhlig
Topics: Financial Markets
BFI Working Paper·Jul 27, 2026

Relating Cognitive Skills and Personality Traits to Economic Preferences: Decision-Making under Cognitive Shocks and Guessing

Cesar Chavez Padilla, Shuaizhang Feng, James Heckman, and Zhe Yang
Topics: K-12 Education
BFI Working Paper·Jul 20, 2026

Supply Chain Risk, Trade and Economic Fragility

Juanma Castro-Vincenzi, Adry Gracio, Gaurav Khanna, and Nitya Pandalai-Nayar
Topics: Industrial Organization
BFI Working Paper·Jul 15, 2026

Supply and Demand with Market Heterogeneity

Ingvil Gaarder, Lancelot Henry de Frahan, Magne Mogstad, Alexander Torgovitsky, and Oscar Volpe
Topics: Financial Markets
BFI Working Paper·Jul 15, 2026

Assessing the Benefits of Optimized Agentic AI Systems for Asset Pricing

Ralph Koijen and Bradford Levy
Topics: Technology & Innovation
BFI Working Paper·Jul 15, 2026

Zoning: Externalities or Misallocation?

Yu-Hsin Ho, Chang-Tai Hsieh, Wen-Tai Hsu, and Yu-Jhih Luo
Topics: Industrial Organization
BFI Working Paper·Jul 8, 2026

How Does Monetary and Fiscal Policy Affect the Economy in the Face of Large Shocks?

Greg Kaplan and Ken Miyahara
Topics: Fiscal Studies, Monetary Policy
BFI Working Paper·Jul 8, 2026

Seemingly Anchored Inflation Expectations

Ulrike Malmendier and Stefan Nagel
Topics: Monetary Policy
BFI Working Paper·Jul 3, 2026

Why is the College Premium Falling? The Role of Composition

Tomás Guanziroli, Ariadna Jou, and Beatriz Rache