This paper asks whether regional wage differences can identify the effects of a national minimum wage. I study two common exposure-based approaches: effective-minimum-wage designs, which compare the ...

Between 2021 and 2024, the United States experienced one of the most severe inflation episodes in decades, coinciding with renewed debate over the role of economic conditions for electoral outcomes.

We study how frontline supervisors shape outcomes in public organizations with competing objectives and limited monitoring. We examine lieutenants in the Chicago Police Department, exploiting its ...

This paper examines intergenerational mobility across social classes during the late Qing dynasty employing a remarkable data set from Liaoning province in Northeast China. We identify two distinct ...

This implementability constraint adds a containment motive for automation alongside replacement and scale effects. It also makes payroll measures incomplete: conditional on a common automated set and ...

This is the first study to estimate the impact of sports gambling legalization on food sufficiency using the staggered implementation of state laws between 2021-2023. By analyzing Google searches for ...

We calibrate the boom size to match the observed increase in investment projected through 2027, implying that a boom raises AI-sector productivity by a factor of roughly 2.7. We then calibrate a ...

This paper estimates the effects of early academic rank in elementary school on later cognitive and noncognitive outcomes in the context of Mexico. We use linked administrative records to compare ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on ...

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on ...

We construct a new long-run series of subjective expected equity returns from an independent equity analysis firm, spanning 1956-2024. These expected returns are strongly positively correlated with ...

This paper studies the role of economic participation via the labor market in enabling the political mobilization of an underrepresented group. Specifically, we study the wives and daughters of ...