Evidence from 100,000 Venture Capitalists (NBER Working Paper 35501), Blake Jackson and Ilya A. Strebulaev study whether individual differences among VC professionals—in education, work experience, ...

Between 2010 and 2024, medical spending in the US grew from 17.2 percent of GDP to 18.0 percent. This growth was substantially below both historical precedent and actuarial projections by the Centers ...

For asset pricing, the most important forces are those that systematically push the expectations of many investors in a common direction and thereby influence aggregate asset demand. The expectations ...

Cognitive load for physicians in the emergency department (ED) can vary substantially depending on the number of patients they are treating and the complexity of those patients. In Thinking Versus ...

Entrepreneurship training is generally intended to improve founders’ chances of success. It may also create value by helping entrepreneurs recognize when a venture no longer warrants further ...

This volume is a collection of new research findings and ideas that shed light on the current movement to advance data ...

We use Luxembourg Income Study and International Social Survey Programme microdata on 27 countries over the 1986-2019 period, augmented by policy and labor market information, to estimate the impact ...

The Opportunity Zone (OZ) program, created under the 2017 Tax Cuts and Jobs Act, represents one of the largest place-based economic development initiatives in US history. It offers substantial capital ...

Real wages fell and stayed depressed for more than one-third of workers after the 2021–2023 inflation surge.

We study how tariffs affect prices along the supply chain using product-level data from a large U.S. wine importer during the 2019-2021 U.S. tariffs on European wines. Combining confidential ...

We study the relationship between tariffs and labor productivity in US manufacturing between 1870 and 1909. Using highly dis-aggregated tariff data, state-industry data for the manufacturing sector, ...

We investigate whether child tax benefits reduce child poverty and labor force participation among single mothers within the context of the 2015 expansion of the Canadian Universal Child Care Benefit ...