New This Week

• The Macroeconomics of Border Taxes
  Omar Barbiero, Emmanuel Farhi, Gita Gopinath, and Oleg Itskhoki #24702 (EFG, IFM, ME, PE)
  
• The Missing Profits of Nations
  Thomas R. Tørsløv, Ludvig S. Wier, and Gabriel Zucman #24701 (CF, IFM, ITI, PE)
  
• How EU Markets Became More Competitive Than US Markets: A Study of Institutional Drift
  Germán Gutiérrez and Thomas Philippon #24700 (EFG, IO, LE, POL)
  
• The Capitalization of Consumer Financing into Durable Goods Prices
  Bronson Argyle, Taylor D. Nadauld, Christopher Palmer, and Ryan D. Pratt #24699 (CF, EFG, ME, PE)
  
• The Simple Empirics of Optimal Online Auctions
  Dominic Coey, Bradley Larsen, Kane Sweeney, and Caio Waisman #24698 (IO, TWP)
  
• Investor Experiences and Financial Market Dynamics
  Ulrike Malmendier, Demian Pouzo, and Victoria Vanasco #24697 (AP, IFM)
  
• Scarred Consumption
  Ulrike Malmendier and Leslie Sheng Shen #24696 (HC, LS)
  
• The Short-Run and Long-Run Effects of Resources on Economic Outcomes: Evidence From the United States 1936-2015
  Karen Clay and Margarita Portnykh #24695 (DAE, EEE, LS, PR)
  
• The Geography of Linguistic Diversity and the Provision of Public Goods
  Klaus Desmet, Joseph Gomes, and Ignacio Ortuño-Ortín #24694 (PE, POL)
  
• Market Integration, Demand and the Growth of Firms: Evidence from a Natural Experiment in India
  Robert T. Jensen and Nolan H. Miller #24693 (DEV)
  
• Monetary Policy Analysis when Planning Horizons are Finite
  Michael Woodford #24692 (EFG, ME)
  
• Does Prenatal WIC Participation Improve Child Outcomes?
  Anna V. Chorniy, Janet Currie, and Lyudmyla Sonchak #24691 (CH, ED, HC)
  
• Economic Policy for Artificial Intelligence
  Ajay K. Agrawal, Joshua S. Gans, and Avi Goldfarb #24690 (PR)
  
• AI and the Economy
  Jason Furman and Robert Seamans #24689 (PR)
  
• The Morbidity Cost of Air Pollution: Evidence from Consumer Spending in China
  Panle Jia Barwick, Shanjun Li, Deyu Rao, and Nahim Bin Zahur #24688 (EEE)
  
• A Skeptical View of the Impact of the Fed’s Balance Sheet
  David Greenlaw, James D. Hamilton, Ethan Harris, and Kenneth D. West #24687 (ME)
  
• Air Pollution and Mental Health: Evidence from China
  Shuai Chen, Paulina Oliva, and Peng Zhang #24686 (DEV, EEE, HE)
  
• On the Macroeconomic Consequences of Over-Optimism
  Paul Beaudry and Tim Willems #24685 (EFG, IFM)
  
• Self-Fulfilling Debt Dilution: Maturity and Multiplicity in Debt Models
  Mark A. Aguiar and Manuel Amador #24683 (EFG, IFM)
  
• Reputation and Sovereign Default
  Manuel Amador and Christopher Phelan #24682 (EFG, IFM)
  
• A Theory of Equality Before the Law
  Daron Acemoglu and Alexander Wolitzky #24681 (PE)
  
• Costs of Managerial Attention and Activity as a Source of Sticky Prices: Structural Estimates from an Online Market
  Sara Fisher Ellison, Christopher Snyder, and Hongkai Zhang #24680 (EFG, IO, LE, PR)
  
• When Less is More: Experimental Evidence on Information Delivery During India's Demonetization
  Abhijit Banerjee, Emily Breza, Arun G. Chandrasekhar, and Benjamin Golub #24679 (CF, DEV, IO, LS, ME, POL)
  
• Generic Machine Learning Inference on Heterogenous Treatment Effects in Randomized Experiments
  Victor Chernozhukov, Mert Demirer, Esther Duflo, and Iván Fernández-Val #24678 (DEV, TWP)
  
• Global Financial Cycles and Risk Premiums
  Òscar Jordà, Moritz Schularick, Alan M. Taylor, and Felix Ward #24677 (AP, DAE, IFM, ME)
  
• Mood Betas and Seasonalities in Stock Returns
  David Hirshleifer, Danling Jiang, and Yuting Meng #24676 (AP)
  
• Complex Disclosure
  Ginger Zhe Jin, Michael Luca, and Daniel J. Martin #24675 (IO)
  
• Funding Breakthrough Research: Promises and Challenges of the “ARPA Model”
  Pierre Azoulay, Erica Fuchs, Anna Goldstein, and Michael Kearney #24674 (PR)