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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 ...
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 ...
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 ...
Why did U.S. manufacturing productivity stop growing after 2010? Productivity growth disappeared, evaporating from an annual rate of +3.3 percent during 1987-2010 to -0.3 percent from 2010 to 2023.
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 ...
This limits cumulative knowledge building and blurs how deep-tech innovation relates to adjacent concepts. We address this gap by developing a framework that treats deep-tech innovation as a distinct ...
Wenxin Du, Ritt Keerati, and Jesse Schreger document a pronounced divergence between the convenience yields on the US dollar and US Treasury securities since the early 2010s. The convenience yield—the ...
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Using a representative sample of more than 7,000 Ukrainians, we study how information treatments affect corruption perceptions and prosocial behavior. We document a large gap between perceived and ...
It may seem like a distant memory now, but as of the mid-2000s, U.S. natural gas production had been flat for a decade, and the U.S. was importing liquefied natural gas (LNG), with plans to import ...
Much of development economics, both micro and macro, posits theories and explores the empirics of poverty traps. A common theory centers around asset-threshold poverty traps in which marginal returns ...
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