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

nber.org
Characterizing how technology shocks affect wages and job assignment when workers have multiple skills, separating earnings pass-through from reallocation, from Job Boerma, Andrea Ottolini, and Aleh Tsyvinski www.nber.org/papers/w34591
December 25, 2025 at 6:00 PM
School boards matter as members' policy priorities—but not their demographic and professional identities—drive major shifts in spending, leadership, and student achievement, from Barbara Biasi, Minseon Park, John D. Singleton, and Seth D. Zimmerman www.nber.org/papers/w34590
December 25, 2025 at 4:00 PM
The Opportunity Zone program—designed to encourage investment in distressed communities across the US—delivered meagre benefits to zone residents, from Matthew Freedman, Noah Arman Kouchekinia, and @neumarkecon.bsky.social www.nber.org/papers/w34589
December 25, 2025 at 2:02 PM
Market distortions make real exchange rates a misleading measure of relative social costs. An alternative measure finds much better risk sharing than the canonical approach, from Mark A. Aguiar, Oleg Itskhoki, and Dmitry Mukhin www.nber.org/papers/w34587
December 24, 2025 at 6:01 PM
State capacity in Germany was associated with higher public good provision, but also with more effective Nazi deportations, even across adjacent stops of the same train to the East, from Leander Heldring www.nber.org/papers/w34586
December 24, 2025 at 4:00 PM
More than just select officeholders and policies, election results signal to political actors where to invest their time and resources, from Patrick A. Testa www.nber.org/papers/w34585
December 24, 2025 at 2:00 PM
The extreme behavior of the stock market—heavy tails, skewness, time-varying volatility, and long memory—is explained by how investors learn about fundamentals, from Ian Dew-Becker, Stefano Giglio, and @pooyamolavi.bsky.social www.nber.org/papers/w34584
December 23, 2025 at 8:00 PM
Examining what it would cost to end extreme poverty using direct income transfers finds an estimate of 0.3 percent of global GDP, from Roshni Sahoo, Joshua Blumenstock, Paul Niehaus, Leo Selker, and Stefan Wager www.nber.org/papers/w34583
December 23, 2025 at 6:00 PM
Using employer-employee linked data from Italy to estimate the differences in earnings across firms and cities, from Ester Faia, Edward L. Glaeser, Saverio Simonelli, and Martina Viarengo www.nber.org/papers/w34582
December 23, 2025 at 4:00 PM
Opt-in choice deters high-return students, leaving effective schools underfilled; shifting the participation architecture produces large achievement gains, from Christopher Campos, Jesse Bruhn, Eric Chy, and Antonia Vazquez www.nber.org/papers/w34581
December 22, 2025 at 8:01 PM
Exporters allow their workers to grow on-the-job skills more rapidly, especially when exporting to high-income economies, and the benefits further raise gains from trade, from Xiao Ma, Marc-Andreas Muendler, and Alejandro Nakab www.nber.org/papers/w34580
December 22, 2025 at 6:30 PM
Measuring worker preparedness to identify who is ready for accelerating AI-driven change—and who isn't, from Andrew Caplin, Søren Leth-Petersen, Victoria Gregory, Ida Maria Hartmann, Eungik Lee, and Johan Sæverud www.nber.org/papers/w34570
December 22, 2025 at 4:30 PM
Featured in the latest Digest: Consequences of Organ Procurement Reform

www.nber.org/digest/20251...
December 22, 2025 at 1:02 PM
Exploring the effect of past reforms on inequality in old age in Belgium, from Giulia Klinges, Alain Jousten, and Mathieu Lefebvre www.nber.org/papers/w34579
December 21, 2025 at 10:01 PM
Lasting change requires more than cash—interventions adding information meetings and home visits produce real, sustained gains for mothers and children, from Richard Akresh, Damien de Walque, Harounan Kazianga, and Abigail Stocker www.nber.org/papers/w34578
December 21, 2025 at 8:01 PM
Spanish pension reforms since 1985 raised average Social Security wealth, with gains concentrated among higher earners, from @cristina-belles.bsky.social, @manuelflores.bsky.social, García-Gómez, Jimenez-Martin, and @juditvall.bsky.social www.nber.org/papers/w34577
December 21, 2025 at 6:02 PM
Analyzing the distributional effects of French pension reforms from 1993 to 2014 across different socioeconomic groups, from Antoine Bozio, Maxime Tô, and Julie Tréguier www.nber.org/papers/w34576
December 21, 2025 at 4:01 PM
Private equity is transforming a cornerstone profession: accounting firms consolidate, labor markets tighten, and prices rise. Private equity reshapes how public-facing professions operate, from Inna Abramova and John M. Barrios www.nber.org/papers/w34575
December 21, 2025 at 2:01 PM
Examining the heterogeneous impacts of social security reforms in Japan over the past 40 years, from Takashi Oshio, Satoshi Shimizutani, and Akiko S. Oishi www.nber.org/papers/w34574
December 20, 2025 at 10:00 PM
Examination of empirical properties of firm productivity and distortions across countries using World Bank data. Firm size is not commensurate with productivity in developing countries, from Diego Restuccia www.nber.org/papers/w34573
December 20, 2025 at 8:01 PM
Reviewing how antitrust is beginning to be used in labor markets, the evidence for and against its use, and the remaining evidence gaps standing in the way of more effective use, from Elena Prager www.nber.org/papers/w34572
December 20, 2025 at 6:02 PM
A study of why divorced men's interstate migration rate converged to married men's rates since 1980 finds evidence that points to joint custody laws, with implications for spatial labor allocation, from @abicadams.bsky.social, Bayraktar, Jørgensen, Low, and Voena www.nber.org/papers/w34571
December 20, 2025 at 4:03 PM
While inequality in old-age social security wealth has increased after 2015 for non-retirees in the Netherlands, it is not because of an increase in state pension age, from Adriaan Kalwij and Arie Kapteyn www.nber.org/papers/w34569
December 20, 2025 at 2:02 PM
Investigating the effect of the Istanbul Convention on attitudes toward violence against women in Europe, from Naci H. Mocan and Nur Orak www.nber.org/papers/w34568
December 19, 2025 at 10:00 PM
Examining whether weak enforcement of the minimum legal sales age for cannabis helps explain inconsistency in the effect of legalization on adult and youth cannabis use, from Rahi Abouk, Johanna Catherine Maclean, and Rosalie Liccardo Pacula www.nber.org/papers/w34567
December 19, 2025 at 8:01 PM