SIEPR

homeless individual pushing a shopping cart full of his belongings down a big city street.

💡 There's not enough money to deal with rising homelessness. This SIEPR Policy Brief 👇 details new evidence suggesting that gov't investments in emergency shelter pay off for the individuals served and for surrounding communities.

tinyurl.com/bdep3prr

#Homelessness #Poverty #HousingCrisis

The Highest Exam: How the Gaokao Shapes China

Book summary: tinyurl.com/4bsp23ur

👏 A 'best book of 2025,' per @economist.com: This deep dive into China's university entrance exam, the #Gaokao. Authors Hongbin Li, a SIEPR senior fellow, and Ruixue Jia @gpsucsd.bsky.social, explore how the brutal 3-day exam dominates Chinese society.

#China #Geopolitics

The Economic Impact of Brexit Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

tinyurl.com/4et7v3pj

Brexit ➡️ stagnation: New research from SIEPR's @nickbloom.bsky.social and co-authors analyzes ~10 years of data and finds the U.K. has paid a big price for leaving the E.U.: #GDP 6-8% ⬇️, investment 12-18% ⬇️, employment and productivity each 3-4% ⬇️. Link below.

#Econsky #Brexit #EU

Read Rosston and Wallsten's full analysis and other BEAD policy recommendations: tinyurl.com/56bate4m

Internet providers must "certify in writing that they will not require or take additional federal subsidies" or else lose out on the Broadband, Equity, Access, and Deployment (BEAD) funds, said Arielle Roth, head of the National Telecommunications and Information Administration, on Oct. 28.

Great example of #policyimpact: The govt's $42B rural rollout of high-speed internet will now come with a key condition — one that SIEPR's Greg Rosston and Scott Wallsten of @techpolicyinst.bsky.social proposed recently: Service providers receiving funds can't return to the trough for more 💰.

Mark Duggan, Stanford economist and former director of the Stanford Institute for Economic Policy Research, sitting and smiling at an institute event.

Congratulations to Mark Duggan, Stanford economist and former SIEPR director, on his appointment as director of the Munk School of Global Affairs & Policy @utoronto.ca, starting Sept. 1 2026! We thank him for his service to the Stanford community. He will be missed on The Farm!

tinyurl.com/4hm4h8um

From SIEPR's Luigi Pistaferri, evidence of how parents support their children financially after a job loss. Exact response depends on whether their kids' unemployment is temporary or long-lasting. 👇

Victor Fuchs speaks at SIEPR in 2018.

A paper on child-care subsidies, drafted in 1988 by the late health economist Victor Fuchs, is now seeing the light of day. It’s part of a promise, says co-author @HershShefrin. Read the story ➡️ bit.ly/4hCTlrR on the enduring voice of the SIEPR fellow, @healthpolicy.stanford.edu affiliate.
#EconSky

Study reveals the role of geography in the opioid crisis MIT researchers examined the role geography has played in the opioid crisis. They find state-level policies inadvertently contributed to the rise of opioid addiction, and that addiction itself is a ce...

tinyurl.com/ys54dnra

New in #QJE: How state-level policies inadvertently fueled the opioid epidemic, from SIEPR Senior Fellow Matthew Gentzkow and @MIT.edu coauthors. MIT news summary👇

#OpioidCrisis #PublicHealth #AddictionResearch #EconSky

The ghost of #SiliconValleyBank returns in this must-read on fresh signs of trouble in U.S. banking and what regulators should be doing, from SIEPR Senior Fellow Amit Seru. 👇

#EconSky #FinancialCrisis

🎓U.S. universities added more master's programs, and int'l and American students, especially in STEM fields.

💲Chinese master's students ➡️ higher tuition revenues for U.S. schools, but did not cause tuition hikes.

🌇 Local U.S. economies also benefited as demand for goods and services grew.

The Ripple Effects of China’s College Expansion on American Universities Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

Study finds positive economic effects for American universities after China grew college enrollment and sent more master's students to the U.S., co-authored by Hongbin Li, director of the SIEPR-sponsored Stanford Center on China's Economy and Institutions.

Key takeaways 👇👇

tinyurl.com/yedeauev

Important evidence 👇 in the debate over how best to address homelessness. Study by Mark Duggan, SIEPR senior fellow, and Derek Christopher, SIEPR research scholar, finds that investments in homeless shelters pay off, not just for unhoused individuals but adjacent and regional communities.

📚 Public education made America great. In a new SIEPR Policy Brief, @lalthoff.bsky.social describes what research, including his own, says about universal schooling's vital role in enabling the #AmericanDream and why renewed investment is critical.

tinyurl.com/3czmc49t

#EconSky #EduSky

Opinion | The A.I. Bubble Looks Real The A.I. boom is likely a speculative bubble. Like the dot-com bust and the housing crisis, its pop is going to hurt.

Is #AI the century's third speculative bubble? Yes, say SIEPR's @jaredb-econ.bsky.social and @weakinstrument.bsky.social in a @nytimes.com op-ed. They lay out the reasons and examine whether the fallout could be better or worse than the internet, housing bursts. Free link 👇

tinyurl.com/nhjcm62v

Auclert's story: tinyurl.com/22p4vhcb

profile image of adrien auclert on stanford campus

Congratulations to Adrien Auclert @aauclert.bsky.social, SIEPR senior fellow and the recipient of the San Francisco Fed's inaugural Janet Yellen Award for Monetary Research for his early-career work on monetary economics! Link 👇 on Auclert's path into economics. #MonetaryPolicy #EconSky

Evidence 👉 Black patients in nursing homes receive ~30% lower-quality "value added" care than whites within the same facility, from SIEPR's @nealemahoney.bsky.social and Liran Einav, with @mit.edu coauthors, in a novel study of 6.2M patients across 8,000 facilities.

Paper: tinyurl.com/53mes36e

table showing how U.S. manufacturing output and productivity have declined since 1970.

New paper from SIEPR's Jared Bernstein @jaredb-econ.bsky.social and Daniel Posthumus delves into U.S. manufacturing's slide and what to do about it. Key insights: The 2000s China Shock tells only part of the story, and Trump tariffs will only make the underlying problem worse.

tinyurl.com/bbrmb28f

What’s next for Fannie and Freddie: SIEPR’s latest Policy Brief, from fmr NEC deputy director Daniel Hornung and Stanford econ PhD student Ben Sampson, looks at 3 potential reforms and introduces a framework for assessing their possible impacts on mortgage rates, homebuyers.

tinyurl.com/35mxsnrf

The future of the innovation economy Three experts spanning artificial intelligence and economics explore the implications of AI and how it could transform creativity, jobs, education, and public policy through the rapidly evolving “inno...

How could AI transform creativity, jobs, education and public policy? SIEPR's @nealemahoney.bsky.social and @susanathey.bsky.social, and @drfeifei.bsky.social, share their insights in this special episode of the Stanford Engineering's "Future of Everything" podcast. 👇

tinyurl.com/4wn3ekyz

Women and men almost always feel differently about the economy, SIEPR's @nealemahoney.bsky.social and Ryan Cummings @weakinstrument.bsky.social find in a new analysis of University of Michigan consumer sentiment data. 👇

How does Clarivate pick its potential Nobel prize winners? Chemistry World talks to the head of research analysis at the Institute for Science Information on how they decide which researchers are producing Nobel-worthy research

www.chemistryworld.com/news/how-doe...

Please join us in celebrating Nick Bloom on his Clarivate Citation Laureate recognition for his work measuring economic uncertainty! Bloom joins a distinguished list of Stanford economists who have previously been honored, including Nobel Laureates Paul Milgrom, Robert Wilson & Paul Romer. Link ⬇️

3/3 Policy recommendations include rolling back tariffs, cutting bureaucratic red tape, subsidizing child care, and promoting competition in health care, food production and other key industries. #affordability #inflation #costofliving #housing #healthcare #energy #econsky

2/3 Their framework is built on basic economic principles of enhanced supply, direct subsidies, and competition policy.