BFI Working Paper·May 12, 2026

Data Centers and Local Economies in the Age of AI: A Shift–Share Approach

Fernando Alvarez, David Argente, Joyce Chow, and Diana Van Patten
Topics: Technology & Innovation
BFI Working Paper·May 12, 2026

Sentiment and Environmental Performance

George M. Constantinides and Maurizio Montone
Topics: Energy & Environment
BFI Working Paper·May 12, 2026

Diagnostic Expectations and the Macroeconomy

George M. Constantinides and Maurizio Montone
Topics: Financial Markets
BFI Working Paper·May 11, 2026

Global Policy Spillovers: How Environmental Policies Propagate through Product Attributes

Koichiro Ito, James M. Sallee, and Andrew Smith
Topics: Energy & Environment
BFI Working Paper·May 7, 2026

Carbon Uncertainty and Asset Prices

Cathy Yi-Hsuan Chen, George M. Constantinides, Nilesh Hegde, and Abraham Lioui
Topics: Energy & Environment
BFI Working Paper·May 5, 2026

Retrospective Versus Prospective Meritocracy

Steven Durlauf
Topics: Uncategorized
BFI Working Paper·May 5, 2026

Automation, Learning, and Career Dynamics

Hassan Afrouzi, Andres Blanco, Andrés Drenik, and Erik Hurst
Topics: Technology & Innovation
BFI Working Paper·May 5, 2026

The Success of the Embedded State in England

Leander Heldring, Davis Kedrosky, James Robinson, and Matthias Weigand
Topics: Fiscal Studies
BFI Working Paper·May 5, 2026

Technology Adoption and Optimal Policy

Fernando Alvarez, Francisco J. Buera, and Nicholas Trachter
Topics: Technology & Innovation
BFI Working Paper·Apr 29, 2026

Intermediate Input Prices and the Labor Share

Juanma Castro-Vincenzi and Benny Kleinman
Topics: Employment & Wages