Articles

  • 1 week ago | nationalaffairs.com | Kevin Lewis

    May 30, 2025 Durably reducing partisan animosity through multiple scalable treatmentsMatthew Hall et al. Proceedings of the National Academy of Sciences, 13 May 2025Abstract:Recent research has identified several effective strategies for reducing Americans’ animosity toward supporters of opposing political parties. However, whether these strategies can durably reduce partisan animosity in a scalable manner and in everyday life remains unclear.

  • 1 week ago | nationalaffairs.com | Kevin Lewis

    May 29, 2025 Price Agnostic DemandSamuel Hartzmark & Abigail SussmanUniversity of Chicago Working Paper, April 2025Abstract:We document that investors lack conviction as to what the market price should be (absent seeing it). This is at odds with standard asset pricing models, which assume that investors are uncertain about the future, but understand what the current market price should be and whether the actual price is different from this.

  • 1 week ago | bostonglobe.com | Kevin Lewis

    Do not talk about relying on AI unless you know your audience wants to hear it. A survey found that people expect to be perceived as lazier and less competent if they reveal that they used AI for an information-related job task instead of a non-AI software tool. This fear is justified, given that another survey found that people judge employees of various white-collar occupations to be lazier and less competent if they ask AI for help instead of asking a coworker.

  • 1 week ago | nationalaffairs.com | Kevin Lewis

    May 28, 2025 The 2025 Trade War: Dynamic Impacts Across U.S. States and the Global Economy Andrés Rodríguez-Clare, Mauricio Ulate & Jose Vasquez NBER Working Paper, May 2025 Abstract: We use a dynamic trade and reallocation model with downward nominal wage rigidities to quantitatively assess the economic consequences of recent U.S. tariff increases on imports from Mexico, Canada, and China, as well as the "reciprocal" tariff changes announced on "Liberation Day" and retaliatory measures by...

  • 1 week ago | nationalaffairs.com | Kevin Lewis

    May 27, 2025 Social Security and Trends in Wealth InequalitySylvain Catherine, Max Miller & Natasha SarinJournal of Finance, June 2025, Pages 1497-1531Abstract:Recent influential work finds large increases in inequality in the United States based on measures of wealth concentration that notably exclude the value of social insurance programs. This paper shows that top wealth shares have not changed much over the last three decades when Social Security is properly accounted for.

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