Between 2010 and 2024, medical spending in the US grew from 17.2 percent of GDP to 18.0 percent. This growth was substantially below both historical precedent and actuarial projections by the Centers ...

Cognitive load for physicians in the emergency department (ED) can vary substantially depending on the number of patients they are treating and the complexity of those patients. In Thinking Versus ...

This volume is a collection of new research findings and ideas that shed light on the current movement to advance data ...

Evidence from 100,000 Venture Capitalists (NBER Working Paper 35501), Blake Jackson and Ilya A. Strebulaev study whether individual differences among VC professionals—in education, work experience, ...

Entrepreneurship training is generally intended to improve founders’ chances of success. It may also create value by helping entrepreneurs recognize when a venture no longer warrants further ...

For asset pricing, the most important forces are those that systematically push the expectations of many investors in a common direction and thereby influence aggregate asset demand. The expectations ...

The employment rate for men declines by 18 percentage points between ages 51 and 61. If that decline were cut in half, the authors calculate that the average cognitive score would increase by about ...

To fill these gaps, beneficiaries must actively choose among several insurance options—enrolling in Medicare Advantage, adding private supplemental insurance to traditional Medicare, or, for those ...

Analyses of survey data may be confounded if people use response scales differently. We formalize and generalize the theory behind using “calibration questions,” such as vignettes, to correct for ...

California recently raised its minimum wage in the fast-food sector from $16.00 to $20.00 per hour. We present one-year and two-year fixed-horizon estimates of the effects of this policy on California ...

This paper looks at a broad array of evidence concerning the recent boom in home prices, and considers what this means for future home prices and the economy. It does not appear possible to explain ...

We use the price effects caused by the passage of rent control in St. Paul, Minnesota in 2021, to study the transfer of wealth across income groups. First, we find that rent control caused property ...