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The National Bureau of Economic Research is dedicated to conducting and disseminating nonpartisan economic research. nber.org

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NBER @nber.org · 6h
Open call for applications: Digital Economics and AI Tutorial to be held January 20-21, 2027 at Stanford University. Deadline for submission: 11.59pm EST on November 3, 2026. Full information: www.nber.org/calls-papers...
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NBER @nber.org · 7h
Zero-sum environments can foster beliefs that curb wasteful competition but suppress effort and innovation—creating a cultural growth trap; In the context of post-1500 Europe, from @ABergeron_econ, Jean-Paul Carvalho, Joseph Henrich, @DrNathanNunn, and @jonathanweigel www.nber.org/papers/w35813
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NBER @nber.org · 8h
Maritime chokepoints are not just local logistics risks, they are a channel through which geopolitical, climate, and infrastructure disruptions become shocks for entire transport capacity, from Giulia Brancaccio, @myrto_kaloup, Theodore Papageorgiou, and Yixin www.nber.org/papers/w35812
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NBER @nber.org · 8h
Open call for papers: Compensation of Top Executives: Determinants and Consequences conference to be held June 22, 2027 in Cambridge, MA. Submission deadline: 11:59pm ET on Wednesday, February 3, 2027. More information: www.nber.org/compensation...
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NBER @nber.org · 9h
An Atlantic Meridional Overturning Circulation collapse may overturn some of the effects of global warming—easing its impact on developing countries and instead harming more advanced economies, from @jlcruzalv, @klausvanieper, and @HansbergRossi www.nber.org/papers/w35811
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NBER @nber.org · 10h
Childhood neighbors influence career paths: Living next door to someone in an occupation raises the chance of holding that occupation 30 years later by 10 percent, from @MikeJAndrews44, @ryanreedhill, @joepricebyu, and @1rileywilson www.nber.org/papers/w35810
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NBER @nber.org · 11h
Humanity is likely below replacement fertility. That has never happened before. But, the real surprise is that the fall has been concentrated in low- and middle-income countries and among poorer and less educated women, from Jesús Fernández-Villaverde and Patrick Norrick www.nber.org/papers/w35809
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NBER @nber.org · 12h
Ship data show the 2021 West Coast crisis and the Red Sea attacks cost the US 0.69% and 0.35% of output, largely because carriers shift ships without accounting for the congestion, from Xiwen Bai, Jesús Fernández-Villaverde, @YiliangLi_, Ricardo Marto, and @FZanettiOxford www.nber.org/papers/w35808
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NBER @nber.org · 30/09/2026
Time fixed effects don't absorb aggregate shocks in production networks: shocks spread unevenly through prices, costs, and demand, so IV and diff-in-diff estimates can mix direct effects with network "leakage," from Bernard Herskovic and Gill Segal www.nber.org/papers/w35807
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NBER @nber.org · 30/09/2026
Deep learning methods are projection methods, and merging their key features will produce better solution methods, from Kenneth L. Judd and Karl Schmedders www.nber.org/papers/w35806
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NBER @nber.org · 30/09/2026
Firm-level income tax reconciliation tables show that the Tax Cuts and Jobs Act substantially reduced the foreign tax advantages of US multinationals, from Anmol Bhandari and Ellen McGrattan www.nber.org/papers/w35805
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NBER @nber.org · 30/09/2026
From the Beveride curve, this research constructs a Phillips curve that describes inflation as a decreasing and convex function of unemployment, such that the divine coincidence holds, from Pascal Michaillat and Emmanuel Saez www.nber.org/papers/w35804
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NBER @nber.org · 30/09/2026
In a study of NBA data, work causally raises injury risk. Coaches rest players in response, raising player productivity, from Kala Krishna, Sergey Lychagin, and Lewis S. McLean www.nber.org/papers/w35803
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NBER @nber.org · 30/09/2026
Evidence from Italy's Cassa per il Mezzogiorno and the US Apollo program shows industrial policies originate in political projects and last as long as their vision stays credible, from Lottie Field, @juhreka13, and Michele Zampa www.nber.org/papers/w35802
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NBER @nber.org · 29/09/2026
On the 250th anniversary of Adam Smith’s The Wealth of Nations: What ignited humanity’s ascent from millennia of stagnation, and what are the roots of global inequality? From @GalorOded www.nber.org/papers/w35799
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NBER @nber.org · 29/09/2026
Guideline and physician performance in atrial fibrillation depend on how bleeding harms vary across patients; robust treatment rules can perform well across plausible harm assumptions, from @jabaluck, @LeilaEcon, and David C. Chan Jr www.nber.org/papers/w35798
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NBER @nber.org · 29/09/2026
Studying how property rights uncertainty affects prices and speculative activities in the housing markets using a natural comparison of full and limited property houses in Shenzhen, from @HanmingF, Jing Wu, and Vincent Yao www.nber.org/papers/w35797
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NBER @nber.org · 29/09/2026
For recent college graduates, unemployment rates did not spike in summer 2026 relative to previous years’ summer months possibly due to AI effects, from @RobertFairlie6 and Jane Wu www.nber.org/papers/w35796
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NBER @nber.org · 29/09/2026
Green innovation rises in downturns even as non-green innovation falls. A model matched to this evidence implies larger, greener subsidy effects in recessions, from @drkaenzig, @maxkonradt, Lixing Wang, and @DonghaiZhang3 www.nber.org/papers/w35795
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NBER @nber.org · 29/09/2026
Open call for papers: Race and Stratification in the Economy. The conference will be held on April 2, 2027, in Cambridge, Massachusetts. Submissions deadline 11:59pm (EST) December 10, 2026. More info www.nber.org/race-and-str...
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NBER @nber.org · 29/09/2026
Anticipated regulation can spur permitting without accelerating investment, as demonstrated by a Colorado case-study. This identifies a novel channel for regulatory leakage, from Anna French and Nicholas Vreugdenhil www.nber.org/papers/w35794
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NBER @nber.org · 28/09/2026
Korea’s 1993 higher education reform markedly increased college completion, which later led to a substantial mortality reduction among the students’ aging parents, from Ah-Reum Lee, William H. Dow, and Jacqueline M. Torres Torres www.nber.org/papers/w35792
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NBER @nber.org · 28/09/2026
Remote work post-Covid boosts employment and lowers commute time for disabled and older workers in the UK but comes with lower wages, from Ian Burn, Melissa D. Gentry, and Joanna Lahey www.nber.org/papers/w35791
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NBER @nber.org · 28/09/2026
Euro cash changeovers are used to test price-setting theories. The moving-boundary problem is solved analytically. Historical data from six countries support state-dependent pricing, from Fernando E. Alvarez, @dargente05, @albertocavallo, and Francesco Lippi www.nber.org/papers/w35790
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NBER @nber.org · 28/09/2026
The text of children's books convey a broad emotional range but images mostly show happiness/calm—a mismatch that consumer demand for "positive" imagery may reinforce, from @aadukia, Matthew Bonci, Paula Dastres Gallardo, @emileigharrison, Jake Nicoll, and @TeodoraSzasz www.nber.org/papers/w35789
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NBER @nber.org · 28/09/2026
An LLM workflow that reproduces, improves, and extends economics research has been applied to over 4,000 published replication packages, from Matthew Schwartz, Isaiah Andrews, and Jesse M. Shapiro www.nber.org/papers/w35782
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NBER @nber.org · 27/09/2026
Proposing to use quasi-exogenous variation in market structure to estimate equilibrium pricing policy functions, from Gautam Gowrisankaran, Christopher D. Bruegge, and Alex Gross www.nber.org/papers/w35787
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NBER @nber.org · 27/09/2026
Using plausibly exogenous veterans’ payments, new evidence shows stimulus checks generate large, hump-shaped increases in consumption, with multipliers above 2 after a year, from Joao Guerreiro, Jonathon Hazell, Diego R. Känzig, and Ed Manuel www.nber.org/papers/w35786
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NBER @nber.org · 27/09/2026
Studying how the US-China trade war has reshaped global trade patterns, creating significant spillovers to third countries, from Pol Antràs, Adrian Kulesza, and Andrea F. Presbitero www.nber.org/papers/w35785
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NBER @nber.org · 27/09/2026
When a spouse becomes incapacitated, older adults use substantially more formal care and become less sensitive to its price, revealing the value of spousal care, from Itzik Fadlon, Tal Gross, Alex Hoagland, and Timothy Layton www.nber.org/papers/w35784
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NBER @nber.org · 26/09/2026
In a new theory of bundling frictions, increasing productivity of cognitive skills explains changing patterns in within occupation wage inequality in the US, from Chris Edmond and Simon Mongey www.nber.org/papers/w35783
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NBER @nber.org · 26/09/2026
Studying how aggregate financial conditions shape firm insurance and, through it, labor income risk, from Maarten Meeuwis, Dimitris Papanikolaou, and Lawrence D.W. Schmidt www.nber.org/papers/w35781
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NBER @nber.org · 26/09/2026
New evidence shows that incorporation capital requirements substantially reduce entrepreneurial entry without screening on entrepreneurial quality, from Annika Bacher, Andreas Fagereng, Marius A. K. Ring, and Ella Getz Wold www.nber.org/papers/w35780
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NBER @nber.org · 26/09/2026
Considering official and alternative data sources for measuring and projecting the role of US manufacturing in the global semiconductor manufacturing industry, from David M. Byrne, Robert J. Kurtzman, and Heidi L. Williams www.nber.org/papers/w35779
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NBER @nber.org · 25/09/2026
When regulation is fragmented across countries, foreign political frictions determine whether corporate stewardship or policy advocacy better addresses global externalities, from Robin Döttling, Doron Levit, Nadya Malenko, and Magdalena Rola-Janicka www.nber.org/papers/w35778
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NBER @nber.org · 25/09/2026
Discussing how immigration affects identity, and the implications for politics, from Vasiliki Fouka and Marco Tabellini www.nber.org/papers/w35777
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NBER @nber.org · 25/09/2026
They find that high school courses exposing students to careers in education did not increase entry into the profession, likely because course takers do not enroll in college, from Danielle Sanderson Edwards and @matthewakraft.bsky.social www.nber.org/papers/w35776
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NBER @nber.org · 25/09/2026
Firms affected by interest deductibility limitations experience significant declines in patenting and a narrowing of the technological scope of their patent portfolios, from Xinru Chen, Mara Faccio, Stefano Manfredonia, and Jin Xu www.nber.org/papers/w35775
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NBER @nber.org · 25/09/2026
Migrants from Austria to Germany and those from Germany to Austria both earn higher wages after moving. Gains are largest for those who stay the longest in the destination, from Weber, Card, Dauth, Frimmel, Schmieder, and Winter-Ebmer www.nber.org/papers/w35774
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NBER @nber.org · 24/09/2026
Fertility delays compound across generations to raise age at first grandmotherhood, from Dora L. Costa and Matthew E. Kahn www.nber.org/papers/w35773
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NBER @nber.org · 24/09/2026
After CA adopted workplace heat protections, injuries on hot days fell 15–27 percent for outdoor workers, from Olesya Fomenko, Melissa McInerney, and Sebastian Negrusa www.nber.org/papers/w35772
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NBER @nber.org · 24/09/2026
US life insurance integrated without decentralizing: from 1888 to 1940 control of premium shifted between regions while the national share kept in-state barely moved, from Pawel Janas www.nber.org/papers/w35771
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NBER @nber.org · 24/09/2026
Studying how advertising claims direct consumers to different customer experiences, and how prices change the available evidence, from @joshgans.bsky.social www.nber.org/papers/w35770
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NBER @nber.org · 24/09/2026
Open call for paper submissions: The Economics of Community Colleges conference April 6-7, 2028 in Cambridge, MA. Full information www.nber.org/economics-co...
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NBER @nber.org · 23/09/2026
Geographic breadth did not stabilize US life insurers between 1888 and 1940: the lower volatility and higher survival that came with expansion reflected scale, not diversification, from Pawel Janas www.nber.org/papers/w35769
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NBER @nber.org · 23/09/2026
Stablecoins may extend the dollar’s global reach, but history shows their stability and dollar dominance ultimately depend on credible institutions, not technology, from Michael D. Bordo and Carolyn Wilkins www.nber.org/papers/w35768
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NBER @nber.org · 23/09/2026
Arguing that China’s distinctive lending structure—bilateral rollover risk without default risk—disciplines recipient countries' borrowing on international markets, from Illenin O. Kondo, César Sosa-Padilla, and Zachary J. Swaziek www.nber.org/papers/w35767
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NBER @nber.org · 23/09/2026
Movements in short- and medium-term yields largely reflect changing interest-rate expectations, which are systematically inconsistent across maturities and horizons, from @pooyamolavi.bsky.social, Alireza Tahbaz-Salehi, and Andrea Vedolin www.nber.org/papers/w35766
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NBER @nber.org · 23/09/2026
Featured in the latest Digest: Artificial Intelligence and Hedge Fund Investing www.nber.org/digest/20260...
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NBER @nber.org · 22/09/2026
New evidence from the 2023 Panel Study of Income Dynamics shows family-structure disparities in young-adult poverty have narrowed, while gaps in college completion persist, from Melissa Schettini Kearney, Phillip B. Levine, and Alden Q. Barson www.nber.org/papers/w35765
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