Target date funds – which initially invest a large share of retirement savings in stocks and shift gradually towards bonds over the life cycle – are designed to provide a “one stop shop” for ...

Organized interests are thought to influence policy, but whether and when interest group money overrides public opinion remains poorly understood. We investigate how gun interest group money and ...

However, a party can sustain extremism only if the other side is extreme, too. A small moderation of one side’s voting electorate can trigger a discontinuous collapse of candidate extremism on both ...

We construct a novel dataset linking academic publication records to U.S. Census employer–employee data to track 42,000 AI researchers over two decades. We document systematic changes in the ...

We investigate how fertility relates to work from home (WFH) in the post-pandemic era, drawing on original data from our Global Survey of Working Arrangements and U.S. Survey of Working Arrangements ...

Research Associate Kosali Simon, the Herman B. Wells Professor and Distinguished Professor at the Paul H. O'Neill School of Public and Environmental at Indiana University, will direct the NBER Program ...

Do firms respond similarly to corporate tax incentives across countries? We provide globally comparable estimates of the corporate elasticity of taxable income using administrative tax return data ...

This paper shows that the pace of technology creation is a key driver of the skill premium. It develops a model in which skilled workers have a comparative advantage in learning new technologies. As ...

The feeling or impression that students get about enrolling in a particular college may be an important determinant of their college application decision. Combining institutional records on college ...

We investigate how the U.S. dollar’s prominence in the denomination of international debt securities has evolved in recent decades, using a comprehensive global dataset with far more extensive ...

How do firms make decisions on investments in emerging technologies? We find that firms adjust AI/green investments in response to market reactions to announcements of such emerging-technology ...

The EMRI is currently supporting research in four areas: 1) How measurement of retail spending and inflation can be redesigned to make use of item-level transactions data to value technologically ...