After roughly 10 years of decline, the U.S. fertility rate reached a historic low in 2017. However, aggregate trends in fertility mask substantial heterogeneity across different demographic groups. Young women and unmarried women have seen the largest declines in fertility in recent years while...

This paper revisits the results of Bloom, Schankerman, and Van Reenen (2013) examining the impact of R&D on the performance of US firms, especially through spillovers. We extend their analysis to include an additional 15 years of data through 2015, and update the measures of firms' interactions...