Richard H. Thaler, Distinguished Fellow 2016

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Boosting mobile savings

[Research Highlight]

October 08, 2018

Can automatic enrollments encourage saving in developing countries?

ASSA 2015 Webcast: AEA/AFA Joint Luncheon: Dark Corners: Reassessing Macroeconomics after the Crisis

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AEA/AFA Joint Luncheon: Dark Corners: Reassessing Macroeconomics after the Crisis Olivier Blanchard, introduced by Richard Thaler

ASSA 2015 Webcast: AEA Nobel Laureate Luncheon: Empirical Analysis of Asset Prices

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AEA Nobel Laureate Luncheon: Empirical Analysis of Asset Prices Per Stomberg Also: Richard Thaler; Tobias Moskowitz; Monika Piazzesi; Nicholas Barberis

ASSA 2015 Webcast: Measuring and Changing Cognitive and Biological Processes in Economic Choice: Why and How (Tutorial Lecture)

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Measuring and Changing Cognitive and Biological Processes in Economic Choice: Why and How (Tutorial Lecture) Colin Camerer, introduced by Richard Thaler

ASSA 2015 Webcast: The Undismal Science

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The Undismal Science Presiding: Richard Thaler Tackling Tempation Katherine L. Milkman Design and Effectiveness of Public Health Subsidies in Poor Countries Pascaline Dupas Racial Inequality in the 21st Century: The Declining Signficance of Discrimination Roland Fryer The Micro of Macro Amir Sufi

ASSA 2015 Webcast: AEA Presidential Address: Climate Clubs

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AEA Presidential Address: Climate Clubs William Nordhaus, introduced by Richard Thaler

ASSA 2015 Webcast: AEA Awards Ceremony

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AEA Awards Ceremony Richard Thaler

When Nudges Are Forever: Inertia in the Swedish Premium Pension Plan

By Henrik Cronqvist, Richard H. Thaler and Frank Yu

AEA Papers and Proceedings, May 2018

To inform economists and policymakers about whether the effects of nudges are persistent in one specific context, we study the choice architecture of the Swedish Premium Pension Plan. The data we study consist of all initial choices and subsequent rebalan...

Randomizing Endowments: An Experimental Study of Rational Expectations and Reference-Dependent Preferences

By Annette Cerulli-Harms, Lorenz Goette and Charles Sprenger

American Economic Journal: Microeconomics, February 2019

We test expectations-based reference dependence in market experiments with probabilistic forced exchange. Koszegi and Rabin (2006) predict that when the probability of forced exchange increases, individuals cannot expect to stick with the status quo, an...

From Cashews to Nudges: The Evolution of Behavioral Economics

By Richard H. Thaler

American Economic Review, June 2018

"An ambassador of the economics profession"

[Research Highlight]

March 31, 2020

Gregory Mankiw reflects on three decades as a textbook author.

ASSA 2015 Webcast: AEA Distinguished Lecture "Behavioral Economics and Public Policy"

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AEA Distinguished Lecture "Behavioral Economics and Public Policy" Raj Chetty, introduced by Richard Thaler

Intertemporal Labor Supply Substitution? Evidence from the Swiss Income Tax Holidays

By Isabel Z. Martínez, Emmanuel Saez and Michael Siegenthaler

American Economic Review, February 2021

This paper estimates intertemporal labor supply responses to two-year long income tax holidays staggered across Swiss cantons. Cantons shifted from an income tax system based on the previous two years' income to a standard annual pay as you earn system, l...

The Abolition of Immigration Restrictions and the Performance of Firms and Workers: Evidence from Switzerland

By Andreas Beerli, Jan Ruffner, Michael Siegenthaler and Giovanni Peri

American Economic Review, March 2021

We study a reform that granted European cross-border workers free access to the Swiss labor market and had a stronger effect on regions close to the border. The greater availability of cross-border workers increased foreign employment substantially. Altho...

Competition and Price Transparency in the Market for Lemons: Experimental Evidence

By Olivier Bochet and Simon Siegenthaler

American Economic Journal: Microeconomics, May 2021

In markets with asymmetric information, where equilibria are often inefficient, bargaining can help promote welfare. We design an experiment to examine the impact of competition and price transparency in such settings. Consistent with the theoretical pred...

The Fake News Effect: Experimentally Identifying Motivated Reasoning Using Trust in News

By Michael Thaler

American Economic Journal: Microeconomics

Motivated reasoning posits that people distort how they process information in the direction of beliefs they find attractive. This paper creates a novel experimental design to identify motivated reasoning from Bayesian updating when people have preconc...