We examine the impact of peer-to-peer (P2P) short-term rentals on housing affordability. Using a simple model we illustrate that, although growth in the short-term rental market leads to higher housing prices, home-sharing profits can offset increased housing costs. That is, we show the net...

One major criticism of universal basic income is that unconditional cash transfers discourage recipients from working. We estimate the causal effects of a universal cash transfer on short-run labor market activity by exploiting the timing and variation of a long-running unconditional and...

School choice lotteries are an important tool for allocating access to high-quality and oversubscribed public schools. While prior evidence suggests that winning a school lottery decreases adult criminality, there is little evidence for how school choice lotteries impact non-lottery students who...

Vast organ shortages motivated recent efforts to increase the supply of transplantable organs, but we know little about the demand side of the market. We test the implications of a model of organ demand using the universe of U.S. transplant data from 1987 to 2013. Exploiting variation in supply...