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 examine the concerns that new technologies will render labor redundant in a framework in which tasks previously performed by labor can be automated and new versions of existing tasks, in which ...

The Development of the American Economy (DAE) program was one of the first research programs launched by Martin Feldstein in 1978 when he formalized the modern structure of the NBER. The mission of ...

NBER's Training Program in Aging and Health Research, funded by the National Institute on Aging and NBER, under the direction of Professors Amy Finkelstein and David Cutler, gives outstanding ...

It also seeks to develop new data resources to support empirical research in transportation economics. The project supports a ...

This project advances the knowledge base associated with asset allocation and risk assessment for long-term investors and builds a research community interested in studying these questions. The ...

Science of Science Funding is an NBER initiative, supported by the Alfred P. Sloan Foundation, which seeks to improve understanding of effective methods of supporting scientific research. Its goal is ...

The NBER Project on the Economics of Digitization provides new insights on the economic impact of the digitization of both commercial and personal activities, including the rise of digital media and ...

Keane, "Amortized Inference for Correlated Discrete Choice Models via Equivariant Neural Networks," NBER Working Paper 35037 (2026), ...

We develop a new approach to estimating earnings, job, and employment dynamics using subjective expectations data from the NY Fed Survey of Consumer Expectations. These data provide beliefs about ...

Aggregate real U.S. GDP fell by roughly 26 percent between 1929 and 1932, yet the severity of the Great Depression varied dramatically across states: CPI-deflated income per capita declined by 15 ...

We estimate how expenditures on durable goods respond to transitory income shocks using variation from the Economic Stimulus Act of 2008. The estimated responses are large: Households spent about 80 ...