July 22, 2025 ...

Over 22 years, from the launch of the NBER Retirement Research Center in 2003, through the addition of the NBER Disability Research Center in 2012 and their consolidation into the NBER Retirement and ...

The Social Security Administration (SSA) convened its 2022 Retirement and Disability Research Consortium (RDRC) Meeting virtually on August 45. The meeting was organized by the NBER RDRC and featured ...

The mergers we study – hospital acquisitions of physician practices – have reshaped the $1 trillion US physician industry, nearly doubling the share of physicians working for hospitals between 2008 ...

We present a new model of competition between digital media platforms with targeted advertising. The model adds new insights around how user heterogeneity and overlap, along with user and advertiser ...

We analyze the effect of California's $20 fast food minimum wage, which was enacted in September 2023 and went into effect in April 2024, on employment in the fast food sector. In unadjusted data from ...

The attendance rate at religious services is an important variable for the sociology and economics of religion, but long-term and global data are scarce. Retrospective questions from the International ...

The integration of algorithmic trading with reinforcement learning, termed AI-powered trading, is transforming financial markets. Alongside the benefits, it raises concerns for collusion. This study ...

We study the role of job transitions and firm pay policies in the Black-White earnings gap in the US. We use administrative data for the universe of employer-employee matches from 2005-2019 to analyze ...

Men and women have similar work aspirations, apply at similar times and rates, and receive comparable numbers of job offers, but women are more likely to reject them. As a result, a 27 pp employment ...

Hence, a manager who wants to maximize her EPS (earnings per share) should only invest in accretive projects that have income yields above the firm’s cheapest financing option. This is the max EPS ...

We examine how interbank wholesale funding shapes the transmission of interest-rate-based monetary policy in China and contributes to systemic risk. Using a bank-level quarterly panel dataset and an ...