Using the quasi-random assignment of 760,000 children in U.S. military families, we show that neighborhood attributes experienced during childhood have powerful impacts on SAT scores, college-going and earnings. For earnings and college going outcomes, location during high school is twice as...

We find that test score optional policies harm the likelihood of elite college admission for high achieving applicants from disadvantaged backgrounds. We show that at one elite college campus, SAT (and ACT) scores predict first year college GPA equally well across income and other demographic...

We consider the short-run responses of businesses and their owners to the introduction of Section 199A, a deduction implemented in 2018 that reduced the effective tax rate on pass-through business income. We study the deduction using several datasets derived from de-identified tax records of...

We examine the stock trading behavior and returns of U.S. senators from 2012-March 2020. Stocks purchased by senators on average slightly underperform stocks in the same industry and size (market cap) categories by 11 basis points, 28 basis points and 17 basis points at the 1, 3, and 6-month...

We analyze the tone of COVID-19 related English-language news articles written since January 1, 2020. Ninety one percent of stories by U.S. major media outlets are negative in tone versus fifty four percent for non-U.S. major sources and sixty five percent for scientific journals. The negativity...

We present evidence from a recent field experiment in college coaching/ mentoring. We find surprisingly large impacts on college attendance and persistence. We test several theories as to why a short lived intervention has large impacts on lifetime human capital investments. We do not find...

We analyze admissions and transcript records for students at multiple Ivy-Plus colleges to study the relationship between standardized (SAT/ACT) test scores, high school GPA, and first-year college grades. Standardized test scores predict academic outcomes with a normalized slope four times...

We study the determinants of poor mental health among students at an elite private institution. Survey measures of well-being have declined significantly over the last decade for both high school students and those of college age. This is an international phenomenon that appears to have started...

We examine the long-term impacts of California's state-based financial aid by tracking students' educational and labor force outcomes for up to 14 years after high school graduation. We identify program impacts by exploiting variation in eligibility rules using GPA and family income cutoffs that...

For individuals who experience job loss, enrollment in post-secondary programs may provide an opportunity to improve future employment outcomes. However, decisions to enroll may be hampered by insufficient information about the benefits and costs and the necessary steps and assistance available...