NBER Reporter

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Articles from Vol. 2016, No. 4, Winter

Chinese Economy
The NBER's Working Group on the Chinese Economy met in Cambridge on November 18-19. Director Shang-Jin Wei of Columbia University and Research Associate Hanming Fang of the University of Pennsylvania organized the meeting. These researchers' papers...
Economics of Education
The NBER's Program on the Economics of Education met in Palo Alto on November 10-11. Director Caroline M. Hoxby of Stanford University organized the meeting. These researchers' papers were presented and discussed: * Judith Scott-Clayton, Columbia...
Income Risk over the Life Cycle and the Business Cycle: New Insights from Large Datasets
Millions of young men and women enter the labor market annually. Over the next 40 years, each of them goes through a unique journey that involves surprises as well as disappointments: searching for the dream career, finding and losing jobs, getting...
Market Design
The NBER's Working Group on Market Design met in Cambridge on October 28-29. Codirectors Michael Ostrovsky of Stanford University and Parag A. Pathak of MIT organized the meeting. These researchers' papers were presented and discussed: * Darrell...
Oliver Hart, Bengt Holmstrom Win Nobel Prize in Economic Sciences for Research on Contract Theory
Oliver Hart of Harvard and Bengt Holmstrom of MIT, who both have been NBER research associates for more than two decades, were awarded the 2016 Nobel Prize in Economic Sciences for their contributions to analyzing incentives, institutions, and organizations...
Public Policies in Canada and the United States
"Public Policies in Canada and the United States," an NBER conference supported by the Alfred P. Sloan Foundation and Employment and Social Development Canada, took place in Gatineau, Quebec, on October 27-28. Research Associates Philip Oreopoulos...
Quantifying Agglomeration and Dispersion Forces
Economic activity is highly unevenly distributed across space. In the United States, the 2,000 counties with the lowest employment densities account for over 75 percent of land area but less than 12 percent of employment. By contrast, the 100 counties...
Teachers, Schools, and Student Performance
Economists have long realized the importance of education for the well-being of individuals and the productivity of society. Over the past few decades, the economic returns to education have risen dramatically, increasing the importance of this issue....
The Program on Children
U.S. public programs that are targeted to children and youth have grown rapidly in recent decades. This trend has generated a substantial volume of research devoted to program evaluation. At the same time, researchers have developed an expanded conception...
What Can Housing Markets Teach Us about Economics?
Housing is a unique asset. Both an investment and a consumption good, it is traded in markets that are subject to significant search frictions and information asymmetries. In addition, housing accounts for a large share of wealth in the economy. As...
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