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Divorce and Property Division Laws Shape Human Capital Investment
Blair, Peter Q.; Neilson, Elijah - National Bureau of Economic Research - 2023
In theory, unilateral divorce laws alter the private incentive to invest in human capital by permitting either spouse to initiate the division of the marital assets. Using several causal research designs we show that both men and women are less likely to attain a bachelor's degree in states with...
Persistent link: https://www.econbiz.de/10014337779
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Nothing Propinks Like Propinquity : Using Machine Learning to Estimate the Effects of Spatial Proximity in the Major League Baseball Draft
Ahmadi, Majid; Durst, Nathan; Lachman, Jeff; List, John A. - National Bureau of Economic Research - 2022
Recent models and empirical work on network formation emphasize the importance of propinquity in producing strong interpersonal connections. Yet, one might wonder how deep such insights run, as thus far empirical results rely on survey and lab-based evidence. In this study, we examine...
Persistent link: https://www.econbiz.de/10013477279
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The Founding of the Federal Reserve, the Great Depression and the Evolution of the U.S. Interbank Network
Jaremski, Matthew S. - 2019
Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the Great Depression. Banks established connections to...
Persistent link: https://www.econbiz.de/10012479982
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The roles of immigrants and foreign students in US science, innovation, and entrepreneurship
Ganguli, Ina (ed.); Kahn, Shulamit Beth (ed.);  … - National Bureau of Economic Research / Workshop <2018, … - 2020
STEM PhDs /Ina Ganguli and Patrick Gaulé --II. Immigration policy and innovation.High-skill immigration, innovation, and … and Chungeun Yoon --III. Immigration and entrepreneurship.Immigrant entrepreneurs and innovation in the U.S. high … the links between immigration policy in determining who can come into the country and the rate of innovation among …
Persistent link: https://www.econbiz.de/10012040463
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Accelerating energy innovation : insights from multiple sectors
Henderson, Rebecca (ed.); Newell, Richard G. (contributor) - 2011
Persistent link: https://www.econbiz.de/10009237697
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The Contribution of High-Skilled Immigrants to Innovation in the United States
Bernstein, Shai; Diamond, Rebecca; Jiranaphawiboon, Abhisit - National Bureau of Economic Research - 2022
We characterize the contribution of immigrants to US innovation, both through their direct productivity as well as … Number is assigned. We find immigrants represent 16 percent of all US inventors, but produced 23 percent of total innovation … premature inventor deaths, we find that immigrant inventors create especially strong positive externalities on the innovation …
Persistent link: https://www.econbiz.de/10013477290
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Research and/or Development? Financial Frictions and Innovation Investment
Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023
disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …
Persistent link: https://www.econbiz.de/10014337755
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Political Sentiment and Innovation : Evidence from Patenters
Engelberg, Joseph; Lu, Runjing; Mullins, William; … - National Bureau of Economic Research - 2023
We document political sentiment effects on US inventors. Democratic inventors are more likely to patent (relative to Republicans) after the 2008 election of Obama but less likely after the 2016 election of Trump. These effects are 2-3 times as strong among politically active partisans and are...
Persistent link: https://www.econbiz.de/10014337851
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Innovation Market Failures and the Design of New Climate Policy Instruments
Armitage, Sarah C.; Bakhtian, Noël; Jaffe, Adam B. - National Bureau of Economic Research - 2023
Moving beyond the combination of adoption subsidies, standards, and (albeit limited) attempts at carbon pricing that … externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …
Persistent link: https://www.econbiz.de/10014337854
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Climate Change, Directed Innovation, and Energy Transition : The Long-run Consequences of the Shale Gas Revolution
Acemoglu, Daron; Aghion, Philippe; Barrage, Lint; … - National Bureau of Economic Research - 2023
reduces carbon emissions by inducing substitution away from coal. Yet, the natural gas boom discourages innovation directed at …
Persistent link: https://www.econbiz.de/10014372414