National Bureau of Economic Research

Firms with high monopsony power respond less to monetary policy shocks. Oligopsony dampens aggregate monetary policy effects; declining concentration flattened the Phillips curve, from Bence Bardóczy, Gideon Bornstein, and Sergio Salgado https://www.nber.org/papers/w35335

Studying the optimal design of trade and industrial policy when governments pursue environmental objectives along traditional welfare goals, from Panle Jia Barwick, Jack Collison, Pinelopi K. Goldberg, Shanjun Li, and Yucheng Wang https://www.nber.org/papers/w35334

Estimating the effect of total abortion bans enacted after Dobbs vs. Jackson Women's Health on sexual behavior, from James M. Flynn, Caitlin K. Myers, and David R. Munro https://www.nber.org/papers/w35333

In 1900–1910, immigrant families caught up to US-born families through having more women and children contribute, even as immigrant women barely closed the gap with US-born women, from Zachary Ward https://www.nber.org/papers/w35332

For fully remote workers, coming to the office for one day a month increases productivity by 8 percent and reduces quit rates by a third. Mechanism is better connection with colleagues, from , , Steven J. Davis, Victoria Marino, and Cem Ozguzel , from Cevat Giray Aksoy, .bsky.social, Steven J. Davis, Victoria Marino, and Cem Ozguzel https://www.nber.org/papers/w35331

Featured in the latest Bulletin on the Economics of Alzheimer's Disease and Related Dementias: Institutional Special Needs Plans for Nursing Home Residents with Dementia

https://www.nber.org/ba/202601/institutional-special-needs-plans-nursing-home-residents-dementia?page=1&perPage=50

Validated against contemporaneous responses, a survey of 916 trainees and their career intentions finds a –22 percentage point change in academia intentions and a US-departure shift concentrated among foreign-born scientists, from Pierre Azoulay, Raffaella Sadun, and Daniela Scur https://www.nber.org/papers/w35330

Why are micro labor supply elasticities small but macro negative? Same utility specification reconciles both in the presence of strong income effects and heterogeneity, from Loukas Karabarbounis https://www.nber.org/papers/w35329

Quantifying the impact of the loss of reserve currency status in goods and asset markets, from Zhengyang Jiang, Arvind Krishnamurthy, Hanno Lustig, and Robert J. Richmond https://www.nber.org/papers/w35328

The 50-year decline in US male labor force participation is partly driven by men’s beliefs about the returns to work, shaped by lifetime experiences of male labor markets, from Remy Levin and Daniela Vidart https://www.nber.org/papers/w35327