Guaranteed Employment in Rural India: Intrahousehold Labor and Resource Allocation Consequences

By Jorge Luis García

American Economic Journal: Economic Policy, May 2026

I investigate the intrahousehold labor and resource allocation consequences of an employment guarantee targeting rural households in India. The guarantee insures household earnings, replacing women as added workers and shutting down a motive for saving. D...

Integrating Out Natural Disaster Shocks

By Franziska Bremus and Malte Rieth

American Economic Journal: Economic Policy, May 2026

We study the role of international financial integration in buffering natural disaster shocks, using a large sample of advanced and emerging economies. Natural disasters are largely unpredictable and unrelated to the state of financial integration. We doc...

Adjustable Product Attributes, Indirect Network Effects, and Subsidy Design: The Case of Electric Vehicles

By Kevin Remmy

American Economic Journal: Economic Policy, May 2026

This paper develops a structural model of endogenous product attribute choice in the presence of indirect network effects to study electric vehicle (EV) subsidies. Using data on the German EV market, I find that a support scheme almost doubled EV sales bu...

Harnessing Deductions to Increase Tax Compliance and Formalization

By Albrecht Bohne and Jan Sebastian Nimczik

American Economic Journal: Economic Policy, May 2026

We evaluate a tax reform in Ecuador that introduced generous deductions from personal income taxes (PIT), encouraging consumers to request receipts. The reform addresses tax evasion by targeting small self-employed businesses that mainly sell goods or ser...

Tax Compliance in the Rental Housing Market: Evidence from a Field Experiment

By Essi Eerola, Tuomas Kosonen, Kaisa Kotakorpi, and Teemu Lyytikäinen

American Economic Journal: Economic Policy, May 2026

We study rental income tax compliance using novel third-party information and a large-scale randomized field experiment. The third-party information combines register data on the ownership and occupancy of apartments. The RCT used this new third-party inf...

Responses to Extreme Temperatures: Migrant Networks and International Migration from El Salvador

By Ana Maria Ibáñez, Juliana Quigua, Maria Jimena Romero, and Andrea Velásquez

American Economic Journal: Economic Policy, May 2026

We show that exposure to extreme temperatures significantly increases international migration from El Salvador, where nearly a quarter of the population lives in the United States. Extreme temperatures reduce corn yields, leading producers to decrease the...

The Segregative Effects of Charter Schools

By Angela Crema

American Economic Journal: Economic Policy, May 2026

I study the effects of charters on student racial segregation, identifying a novel mechanism: the assignment of White and non-White students to regular classrooms within their school-grade. Exploiting almost 100 entries of elementary charters in North Car...

The Big Short (Interest): Closing the Loopholes in the Dividend-Withholding Tax

By Elisa Casi, Evelina Gavrilova, David Murphy, and Floris T. Zoutman

American Economic Journal: Economic Policy, May 2026

We study the effect of stricter enforcement of the dividend-withholding tax (DWT). We focus on a 2016 Danish enforcement reform and compare Denmark to its Nordic neighbors. Throughout the Nordic stock markets, shares on loan spike sharply around dividend ...

Fiscal Procyclicality in Commodity Exporting Countries: How Much Does It Pour and Why?

By Francisco Arroyo Marioli and Carlos A. Vegh

American Economic Journal: Economic Policy, May 2026

A large literature has documented that fiscal policy is procyclical in emerging markets/developing countries and acyclical/countercyclical in advanced economies. This paper analyzes fiscal procyclicality in commodity-exporting countries. The paper makes t...

State Recreational Cannabis Laws and Racial Disparities in the Criminal Legal System

By Angélica Meinhofer, Adrian Rubli, and Jamein P. Cunningham

American Economic Journal: Economic Policy, May 2026

We estimate the direct and spillover effects of cannabis legalization on longstanding racial disparities in criminal justice outcomes. We find that legalization reduces cannabis possession and sales arrests for White and Black populations, narrowing but n...

Prediction Errors, Incarceration, and Violent Crime: Evidence from Linking Prosecutor Surveys to Court Records

By Emma Harrington, William III Murdock, and Hannah Shaffer

American Economic Journal: Economic Policy, May 2026

Incarceration is often justified by a defendant's risk of future crime. To what extent do biased beliefs about predictors of crime distort incarceration decisions? We survey prosecutors about how violent rearrest rates vary by defendant age and criminal h...

Short- and Long-Term Effects of Universal Preschool: Evidence from the Arab Population in Israel

By Elad DeMalach and Analia Schlosser

American Economic Journal: Economic Policy, May 2026

We estimate the causal impacts of universal preschool by leveraging a quasi-experimental design based on Israel's implementation of free public preschool for children ages 3 and 4 beginning in September 1999. We focus on the Arab population, who were the ...

Medical Technology and Life Expectancy: Evidence from the Antitoxin Treatment of Diphtheria

By Philipp Ager, Casper W. Hansen, and Peter Z. Lin

American Economic Journal: Economic Policy, May 2026

We examine the impact of the free supply of diphtheria antitoxin, the first effective medical treatment for an infectious disease, on the historical health transition in Massachusetts. Using newly collected municipality-level data on the distribution of a...

Punishing Financial Crimes: The Impact of Prison Sentences on Defendants and Their Colleagues

By Kristiina Huttunen, Martti Kaila, David C. Macdonald, and Emily Nix

American Economic Journal: Economic Policy, May 2026

Financial crimes are costly to society but less severely punished than other nonviolent crimes. We investigate whether prison sentences reduce financial crimes. Using random assignment of judges in Finland to identify causal impacts, we find a prison sent...

Cooking, Health, and Daily Exposure to Pollution Spikes

By Susanna B. Berkouwer and Joshua T. Dean

American Economic Journal: Economic Policy, May 2026

Many routine daily activities—such as cooking and commuting—cause large recurring pollution spikes that may impact health without significantly affecting average exposure. We study pollution spikes by combining experimental variation in cooking techno...

Information on Co-Impact Grant Awarded to CSWEP and CPC

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Information on Co-Impact Grant Awarded to CPC and CSWEP

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Lawrence F. Katz, Distinguished Fellow 2026

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Distinguished Fellows

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Learn more about the Distinguished Fellows Award and recipients

Risk Sharing Tests and Covariate Shocks: Drought, Floods, and Pests in Uganda

By Ethan Ligon

American Economic Review

Efficient risk-sharing implies a simple factor structure for marginal utilities of expenditure (MUEs): Pareto weights divided by a common price. The standard approach infers MUEs from total expenditures, implicitly assuming homothetic preferences, unit...