We estimate the causal effect of aviation noise on housing prices using quasi-experimental variation from the Federal Aviation Administration's rollout of performance-based navigation (PBN) procedures ...

The 911 system, a vital component of public safety, responds to over 210 million emergency calls each year. We examine the effect of small exogenous public health stressors – pollen emissions – on the ...

Death rates due to drug poisonings began to surge in the US in the mid-1990s, marking the emergence of an epidemic that has persisted for three decades. The health consequences have been stark, with ...

To illustrate this point, we construct the first database of annual US statutory tariffs from 1972 to 1988 and use it to explore the consequences of liberalization in the years spanning the Tokyo ...

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The exchange-rate regime is often seen as constrained by the monetary policy trilemma, which imposes a stark tradeoff among exchange stability, monetary independence, and capital market openness. Yet ...

Researchers Tal Gross, Timothy Layton, Daniel Prinz, and Julia Yates examine the causes and consequences of this pattern in Social Defaults and Plan Choice: The Case of Spousal Following (NBER Working ...