Massive wildlife losses over the past 50 years have brought new urgency to identifying both the drivers of population decline and potential solutions. We provide the first large-scale evidence that air pollution, specifically ozone, is associated with declines in bird abundance in the United...

Species extinctions and ecological degradation are accelerating to a degree unprecedented in human history. We present causal evidence on the economic drivers of biodiversity loss using a novel panel dataset on the types and quantities of wildlife at thousands of locations across the U.S. from...

This paper measures the impact of housing price changes on household consumption at the city level using the universe of credit and debit card transactions in China from 2011 to 2013. In sharp contrast to the literature on the U.S. housing market, our analysis shows a large and negative housing...

Regulatory efforts to reduce public hazards could be undermined when agents respond strategically to enforcement. This paper quantifies changes in road safety from a national safety inspection regulation for commercial vehicles over the past two decades, analyzes the causes of those changes, and...