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 ...

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 ...

US multinationals formed joint ventures in China for market access and lower labor costs. However, these ventures transfer technology to Chinese firms, fueling future competition. While individual ...

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 ...

We describe changes over time in inequality in postsecondary education using nearly seventy years of data from the U.S. Census and the 1979 and 1997 National Longitudinal Surveys of Youth. We find ...

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 ...

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 ...

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 ...

Analyses of survey data may be confounded if people use response scales differently. We formalize and generalize the theory behind using “calibration questions,” such as vignettes, to correct for ...

Do corporate tax increases destroy jobs? And do corporate tax cuts boost employment? Answering these questions has proved empirically challenging. We propose an identification strategy that exploits ...