Monthly Archives: January 2014

Public R&D Investments and Private Sector Patenting: Evidence from NIH Funding Rules

From Pierre Azoulay, Joshua Graff-Zivin, Danielle Li, and Bhaven Sampat: This paper measures the impact of public R&D investments on innovation by private sector firms. We quantify the returns to grant spending at the National Institutes of Health (NIH) in … Continue reading

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Boosting Growth: The Spending and Debt Responses to Minimum Wage Hikes

Boosting Growth: The Spending and Debt Responses to Minimum Wage Hikes.

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Key Executive Actions the President Will Take in 2014

See here for details of policy proposals

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Urban Public Finance from Pat Kline

Here are Pat Kline’s slides on Ed Glaeser’s urban PF handbook chapter and understudied areas in urban public finance

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Fiscal Policy in a Changing World

From Larry Summers: I invite you to consider how the prodigious change associated with information technology that may be qualitatively different from past technological change may have defining implications for our economy going forward. If I have caused you to … Continue reading

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Comparative Advantage and Optimal Trade Policy

From Arnaud Costinot, Dave Donaldson, Jonathan Vogel, Iván Werning: The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its implications for how nations should conduct their trade policy. For example, should import sectors with weaker … Continue reading

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Where is the Land of Opportunity? The Geography of Intergenerational Mobility in the United States

From Raj Chetty, Nathan Hendren, Pat Kline, and Emmanuel Saez: We use administrative records on the incomes of more than 40 million children and their parents to describe three features of intergenerational mobility in the United States. First, we characterize … Continue reading

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Close the Gender Pay Gap, Change the Way We Work

From Claudia Golden: For all the progress made on women’s rights, one measure of inequality still stands out: Females earn less than males, even in the same occupations. Closing this gender gap will require changing the way employers think about work. It’s … Continue reading

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Do We Need Speed Limits on Freeways?

From Arthur van Benthem: When choosing his speed, a driver faces a trade-off between private benefits (time savings) and private costs (fuel cost and own damage and injury). Driving faster also has external costs (pollution, adverse health impacts and injury to … Continue reading

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Market Externalities of Large Unemployment Insurance Extension Programs

From Rafael Lalive, Camille Landais, Josef Zweimuller: This paper offers quasi experimental evidence of the existence of spillover effects of UI extensions using a unique program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use … Continue reading

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