This chapter explores the distinctive trajectory of American industrialization up to 1870, emphasizing how the United States adapted and transformed British technologies to suit its unique economic ...

How does being over- or underqualified at the beginning of a worker's career affect skill acquisition, retention, and promotion? Despite the importance of mismatch for the labor market, self-selection ...

The principle of efficient coding implies that the perception of monetary payoffs is shaped by the decision maker's prior beliefs. Specifically, payoffs that the decision maker expects to encounter ...

This paper uses labor force surveys from 160 countries to build a new microdatabase on hours worked covering 97% of the world population in cross section. We also construct time series spanning over ...

In this paper, we show that these missing incentives yield quantitatively significant underinvestment in research and development. We develop a simple model that formalizes the conditions under which ...

As an application, we derive new measures of inter-dependence between the United States and China. In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of ...

Can public R&D investment in developing countries drive productivity growth? We study this question in the context of Brazilian agriculture and the Empresa Brasileira de Pesquisa Agropecuária (Embrapa ...

Using a comprehensive collection of 3.7 million Chinese policy documents and government work reports spanning the past two decades, we identify 115,679 distinct policies and systematically trace their ...

This paper studies when decentralization improves public service delivery. I analyze a Chicago reform that awarded select principals greater autonomy over budgets and operations while holding ...

This paper examines the evolving trends and policy dynamics of international student migration, focusing on their implications for STEM workforce development and innovation. While the United States ...

This earnings instability is pervasive, but it has been masked in past analysis of annual data. Moreover, this instability is unequally distributed: lower-income, hourly workers face more instability ...

Using administrative data from Scandinavian countries, we provide evidence on international migration responses to wealth taxes and evaluate their aggregate economic implications. We find significant ...