Preprint, not peer-reviewedarXiv
Preprint models how cheap AI writing could shrink verification of research papers
A preprint, not yet reviewed by other scientists, builds a theoretical model in which artificial intelligence (AI) lowers the cost of writing papers faster than the cost of reading them. The authors argue that as writing gets cheaper, fewer papers are verified, and that AI summaries of the literature inherit the AI's errors once too many papers are written with the same AI.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedarXiv
Preprint simulates China's delayed retirement reform lowering fertility
A preprint, not yet reviewed by other scientists, models how China's gradual delayed-retirement reform, which began in 2025, affects older workers, transfers to adult children and fertility. Its simulations show the reform raises older employment and money transfers, but reduces grandparental childcare, so fertility and older adults' welfare would decline. The authors say childcare subsidies could offset those declines.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedarXiv
Preprint models how ads and subscriptions could shape large language model pricing
A preprint, not yet reviewed by other scientists, builds a theoretical model of a large language model (LLM) platform that chooses response quality, advertising levels and subscription prices. The authors find that partly ad-supported plans can fund useful service for users who would otherwise get none, and that an intermediate advertising cap can maximize consumer surplus. The model is theoretical rather than a study of any actual platform's pricing.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint models how tax collection capacity drives economic development
A preprint, not yet reviewed by other scientists, uses a new macro-historical database to show that tax collections relative to tax administration spending rise sharply with GDP per capita. Its growth model, in which labor is needed to collect taxes, predicts that raising tax productivity in low-income economies could lift GDP per capita substantially more than Hulten's theorem suggests.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint links investor inattention in money market funds to stability risks
A preprint, not yet reviewed by other scientists, studies why mutual funds rarely switch the money market funds (MMFs) they hold cash in, using holdings data from 2010 to 2024. It finds that funds with less attentive investor bases earn higher profits and survive more often. The authors model a case where AI-driven automation reduced inattention: fees would roughly halve, but flows and the risk of fire sales and MMF runs would rise sharply.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint links a 2000 Medicare trial-cost policy to more trials for older people
A preprint, not yet reviewed by other scientists, examines a 2000 Medicare expansion that covered clinical trial costs for elderly participants, a group historically underrepresented in drug development. The authors report an immediate and large increase in trials for diseases common among the elderly, and more use of newly tested drugs among elderly people. They also analyze trial results, adverse events and drug approvals.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint models how workers' incentives shape the pace of AI-driven automation
A preprint, not yet reviewed by other scientists, models a worker who can shirk, cooperate with training, or obstruct training of an AI system that will replace them. Its authors find that dismissal is a weaker penalty for shirking, so firms must raise the worker's rent (surplus pay), and that firms paying only wages may slow training. They suggest a completion bonus equal to that rent would remove both the gain and the slowdown.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint finds family policies narrowed gender gaps across 27 countries
A preprint, not yet reviewed by other scientists, uses Luxembourg Income Study and International Social Survey Programme data for 27 countries from 1986 to 2019 to estimate how family-friendly policies affect gender gaps. The authors find that longer parental leave generally lowers gaps in wages, employment and earnings, except at high levels of leave, and that higher government spending on childcare lowers employment and earnings gaps. They estimate that expansion of these policies accounts for 24% to 33% of the fall in employment and earnings gaps in their sample.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint estimates uncertainty cuts US gains from trade by around 20 percent
A preprint, not yet reviewed by other scientists, models how uncertainty and economies of scale shape regional specialization and gains from trade, calibrated with US commuting zone and international trade data. Relative to a benchmark without uncertainty, the authors estimate that uncertainty shifts employment away from riskier sectors and locations, lowering aggregate US gains from trade by around 20 percent.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint finds better college preparation could do more than financial aid
A preprint, not yet reviewed by other scientists, uses a dynamic model of college enrollment and completion estimated from longitudinal surveys, quasi-experiments and randomized controlled trials. It finds that most unconditional financial policies have moderate effects on attendance and small effects on completion, while merit-based incentives such as forgiving student loans upon graduation have larger effects but benefit wealthier students more. The authors conclude that the greatest potential for raising attainment may come from better preparing students for college.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint simulates policies to remove gender labels and close wage gaps
A preprint, not yet reviewed by other scientists, uses a simulated model of the labor market to test two policies: gender-free applications for skilled jobs, and gender-free compensation. The authors find that gender-free applications eliminate wage gaps in the short run, but the effect is reduced once education choices adjust. Gender-free compensation reverses the wage gap in skilled markets and eliminates it in unskilled markets, even after education adjusts.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint models when rival powers use trade to contain each other
A preprint, not yet reviewed by other scientists, models two hegemons (dominant powers) that trade with each other while competing for influence over the rest of the world. Its authors find that containment, where one limits sales of its inputs to the rival and pressures other countries to stop sourcing from it, arises when the two hegemons' exports are more substitutable, less interdependent and more directly rivals. The model also suggests containment can worsen the efficiency of global production.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint models cost-minimizing subsidies for clean home equipment and solar
A preprint, not yet reviewed by other scientists, uses a new survey and a quantitative model of household energy use, which accounts for about one third of US emissions, to test subsidies for electric vehicles, heat pumps and residential solar. The authors find that solar gets the highest subsidy rate and accounts for over one third of emissions cuts, and that restricting subsidies to lower-income households saves only small costs. They also estimate household emissions would be over 15 percent higher without environmental preferences.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint reports about 2.9% of US consumers pay for generative AI services
A preprint, not yet reviewed by other scientists, uses card transaction data from 174 million consumers to estimate that about 2.9% of US consumers pay for at least one major generative AI service, nearly all on basic plans costing $30 or less a month. The authors report low switching costs: annual retention rates range from 20% to 45%, and switching rises around major model releases. Their structural model suggests strong competitive pressure, with consumers highly price sensitive.
- Published
- Oct 26, 2026
Preprint, not peer-reviewedNBER
Preprint reviews how views on regional health care variation have changed
A preprint, not yet reviewed by other scientists, reviews how researchers' understanding of health care utilization varying across the United States has evolved since the late 2000s, when it helped shape the Affordable Care Act. The authors say supply-side and demand-side factors both matter for regional differences, that health care productivity varies substantially across providers, and that the sources of area-level productivity differences are still poorly understood.
- Published
- Oct 26, 2026