BFI Working Paper·Jan 13, 2025

Large Language Models: An Applied Econometric Framework

Jens Ludwig, Sendhil Mullainathan, and Ashesh Rambachan
Topics: Uncategorized
BFI Working Paper·Jan 13, 2025

The Cost of Species Protection: The Land Market Impacts of the Endangered Species Act

Eyal Frank, Maximilian Auffhammer, David W. McLaughlin, and Elisheba Spiller
Topics: Energy & Environment
BFI Working Paper·Jan 9, 2025

Emission Prices, Biomass, and Biodiversity in Tropical Forests

Lars Peter Hansen and José Scheinkman
Topics: Energy & Environment
BFI Working Paper·Jan 7, 2025

Financing, Ownership, and Performance: A Novel, Longitudinal Firm-Level Database

J. David Brown, Steven J. Davis, Lucia S. Foster, John C. Haltiwanger, and John Sabelhaus
Topics: Financial Markets
BFI Working Paper·Jan 6, 2025

The Claiming of Children on U.S. Tax Returns

Geoffrey Gee, Jacob Goldin, Joseph Gray-Hancuch, Ithai Z. Lurie, and Vedant Vohra
Topics: Tax & Budget
BFI Working Paper·Jan 6, 2025

Embedded Culture as a Source of Comparative Advantage

Luigi Guiso, Paola Sapienza, and Luigi Zingales
Topics: Uncategorized
BFI Working Paper·Jan 6, 2025

Interest Rate Risk in Banking

Peter M. DeMarzo, Arvind Krishnamurthy, and Stefan Nagel
Topics: Fiscal Studies
BFI Working Paper·Jan 6, 2025

Limited Risk Transfer Between Investors: A New Benchmark for Macro-Finance Models

Xavier Gabaix, Ralph Koijen, Federico Mainardi, Sangmin Simon Oh, and Motohiro Yogo
Topics: Financial Markets
BFI Working Paper·Jan 6, 2025

AI, Investment Decisions, and Inequality

Alex G. Kim, David S. Kim, Maximilian Muhn, Valeri Nikolaev, and Eric C. So
Topics: Technology & Innovation
BFI Working Paper·Jan 3, 2025

A Market Interpretation of Treatment Effects

Robert Minton and Casey Mulligan
Topics: Fiscal Studies