NBER
@nberpubs
The National Bureau of Economic Research is dedicated to conducting and disseminating nonpartisan economic research.
242 Following 335.9K Followers
California's Billionaire Tax Act would collect roughly $30 billion. Accounting for lost income taxes from departures, the mean Net Present Value is negative $39 billion, from Benjamin Jaros and Joshua Rauh
Show more
AI's economic impact? By the end of 2025, markets priced in 32.6 percent higher software engineering productivity, implying 3.6–6.5 percent higher GDP. Both more than doubled by mid-2026, from Alex Blumenfeld, @JADHazell, @ChenLian92, and Andreas Schaab
Show more
Using plausibly exogenous veterans’ payments, new evidence shows stimulus checks generate large, hump-shaped increases in consumption, with multipliers above 2 after a year, from @jptguerreiro, @JADHazell, @drkaenzig, and Ed Manuel
Show more
Providing causal estimates of the global social returns to US public R&D. A shock equal to 1 percent of the federal R&D capital stock raises foreign total factor productivity by 1 percent within 12 years, from @GusMicrotoMacro, Andrew J. Fieldhouse, Karel Mertens, @Ishan_Nath, and Valerie A. Ramey
Show more
