Research

Children of Workers Impacted by Automation Are More Likely To Experience Lower Income Mobility

A new empirical study examines whether advancements in automation and robotics have affected intergenerational income mobility. The authors find that parents’ exposure to new...

Repeat Voting: A Simple Way To Get More Representative Results

Democratic elections suffer from several shortcomings, including low voter turnout and the effects of inaccurate polling. Sergiu Hart suggests adopting a simple repeat voting...

Gambling for Resurrection: How U.S. Banks Hedged Interest Rate Risk During 2022 Monetary Tightening

Following a widely cited report on unrecognized bank losses due to interest rate rises, Amit Seru and his co-authors have taken a close look...

Different Voting Methods Produce Different—and More Accurate—Results

There is a significant ongoing debate in the United States on the merits of plurality voting (how most American elections are conducted) and how...

Gauging Common Ownership in Fintech Markets

A new empirical paper estimates the scope and impact of common ownership in fintech markets. The authors find limited common ownership among private fintech...

Resolving the Banking Crisis

Following up their recent analysis of risk in the banking system, DeMarzo, Jiang, Krishnamurthy, Matvos, Piskorski and Seru argue that banks should be required...

Crypto-Influencers Give Poor Investment Advice — and the SEC is Taking Notice

New research reveals that cryptocurrency advice from social media influencers could lead investors to lose money on average. Are regulators doing enough to protect...

Should We Regulate the Revolving Door of Regulators?

Is the revolving door of top regulators one of the reasons for a lack of good regulation? Based on her recent research, Elise Brezis...

Antitrust Needs Better Models for Estimating Social Welfare in the Digital Age

In a forthcoming article, Seth Benzell and Felix Chang explore how antitrust regulators can use insights from a new quantitative model of Facebook that...

Destabilizing Digital “Bank Walks”

Bank regulators have always assumed that bank deposits are ‘sticky,’ but the advent of digital banking is changing that. New research focuses not on...

Latest news