Capital-Skill Complementarity Beyond Firm Boundaries
New machinery is argued to increase relative demand for skilled labor, but firm-level evidence does not show this shift at investing firms.
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New machinery is argued to increase relative demand for skilled labor, but firm-level evidence does not show this shift at investing firms.
Many large publicly-traded companies adopt voluntary greenhouse gas emission reduction commitments amid a fragmented public policy landscape, which this paper explores.
The study examines how firms strategically respond to threshold-based regulations, documenting significant bunching in California nursing homes due to additional staffing requirements.
Large language models are rapidly spreading in science, raising concerns that using AI for research writing may affect the development of scientific expertise.
A randomized controlled trial in Kenya assessed the health and economic impacts of alcohol use, transactional sex, and gambling.
This working paper examines whether the early 20th century Rosenwald school construction program increased political activity, specifically NAACP involvement.
This working paper addresses the issue that trade agreements have largely evolved separately from climate policy.
Complementarities can significantly impact welfare, but quantifying these effects appears to require separately identifying and valuing underlying mechanisms. This working paper addresses this issue.
This working paper uses newly linked IRS data to examine how US multinationals employ tax-planning structures exploiting mismatches between US and foreign tax laws.
A working paper examining the consequences of restoring state authority in areas controlled by criminal organizations, using household surveys, administrative records, and detailed maps.
PredictIt is a CFTC-regulated US prediction market focused on political outcomes that attracted many participants and maintained liquidity during 2016-22.
The study analyzes the academic affiliations of nearly 6,000 award-winning researchers across 18 major fields in natural sciences, engineering, and social sciences.
This working paper examines how depopulation and aging vary across regions within a country and their effects on overall economic activity and regional dynamics.
This working paper develops a microeconomic framework to understand the role of large language models in providing economic and financial advice.
This working paper examines dental service utilization during the recent implementation of an adult Medicaid dental benefit in West Virginia for those aged 21 and over.
This working paper analyzes why rising powers survive periods when established states could suppress them, focusing on commitment problems highlighted in preventive war theories.
This NBER working paper examines whether early investments in parents remain beneficial even if the effects on children diminish quickly.
Researchers studying monetary policy transmission at the firm level typically consider heterogeneity based on a few firm characteristics such as size.
This working paper addresses the estimation of heterogeneous impacts in a randomized controlled trial where heterogeneous status is endogenous.
The paper analyzes prediction market returns amid concerns that these markets may serve as conduits for political bias.
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