The Tax Cuts and Jobs Act (TCJA) of 2017 was the most significant reform to corporate taxation in the US in nearly four decades. It reduced the top corporate income tax rate from 35 to 21 percent, ...

Foreign investors have tilted their portfolios toward dollar-denominated assets over the last two decades. The researchers document a sixfold increase in nominal foreign holdings of USD-denominated ...

Digital health technologies, such as remote monitoring devices and telemedicine services, have attracted considerable interest due to their potential to reduce healthcare costs and improve patient ...

We explore how socio-economic background shapes academia, collecting the largest dataset of U.S. academics’ backgrounds and research output. Individuals from poorer backgrounds have been severely ...

Fertility levels have greatly decreased in virtually every nation in the world, but the timing of the decline has differed even among developed countries. In Europe, Asia, and North America, total ...

Many empirical questions in economics and other social sciences depend on causal effects of programs or policiy interventions. In the last two decades much research has been done on the econometric ...

We use a survey of nearly 360,000 workers conducted from May 2020 through December 2023 to characterize shifts in remote work across time, industry, occupation, and geography, and examine the evolving ...

This paper examines the impact of e-commerce on pricing behavior and welfare. Using Japanese data, we find that the entry of e-commerce firms significantly raised the rate of intercity price ...

The use of forward interest rates as a monetary policy indicator is demonstrated, using Sweden 1992-1994 as an example. The forward rates are interpreted as indicating market expectations of the time- ...

To what extent, if at all, did employee-owned (EO) firms maintain jobs for workers compared to non-EO firms in the spring 2020 Covid-19 shock to the US economy? Did EO firms shift jobs from workplaces ...

Analyzing Florida birth certificates matched to school records, we document that the female advantage in childhood behavioral and academic outcomes is driven by gender gaps at the extremes of the ...

Increasingly, individuals are in charge of their own financial security and are confronted with ever more complex financial instruments. However, there is evidence that many individuals are not ...