California's $20 Minimum Wage: A Fast Food Job Killer?

2025-08-09
California's $20 Minimum Wage: A Fast Food Job Killer?

Analysis of California's $20 fast food minimum wage, enacted in September 2023 and effective April 2024, reveals a concerning trend. Unadjusted data shows a 2.7% decline in fast food employment in California compared to the rest of the US between September 2023 and September 2024. After adjusting for pre-existing trends, the decline increases to 3.2%, suggesting a potential loss of 18,000 jobs.

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Tech

Despair Among the Young: A Shift in the Age-Despair Profile in the US

2025-08-04
Despair Among the Young: A Shift in the Age-Despair Profile in the US

Research spanning 1993-2023 across multiple US surveys reveals a significant shift in the relationship between age and mental despair. Previously, despair followed a hump-shaped curve, peaking in middle age. However, a recent rise in despair among young people has reversed this trend, leading to a monotonic decline in despair with age. This trend differs by labor market status; the hump-shaped curve persists among the unemployed and those unable to work, while homemakers, students, and retirees show a relatively flat relationship. The study concludes that rising despair among young workers is the primary driver of this change.

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Acknowledgements for an Economics Research Paper

2025-07-17
Acknowledgements for an Economics Research Paper

This economics research paper expresses gratitude to the University of Chicago (including the Becker Friedman Institute for Economics), Stanford University, and Bocconi University for their research support. It also acknowledges several scholars for their contributions to discussions and feedback on the paper. The authors state that the views expressed are their own and do not necessarily represent the views of the National Bureau of Economic Research.

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The Fertility Decline: A Shift in Priorities

2025-07-11
The Fertility Decline: A Shift in Priorities

This paper investigates the historically low fertility rates across high-income countries. Analyzing cohort data reveals rising childlessness across all ages and falling completed fertility rates, highlighting the need for a long-term perspective. The study dismisses short-term explanations like income or price fluctuations, instead pointing to a fundamental shift in adult priorities, with parenthood playing a diminished role. This 'shifting priorities' phenomenon is likely a complex interplay of changing social norms, evolving economic opportunities and constraints, and broader societal and cultural forces. The paper concludes with suggestions for future research and policy implications.

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Population Decline and Climate Change: A Multi-Funded Research Report

2025-07-09
Population Decline and Climate Change: A Multi-Funded Research Report

Four authors affiliated with the Population Wellbeing Initiative at UT Austin have released a research paper examining the impact of population decline on climate change. The report builds upon a previous working paper and acknowledges funding and support from numerous institutions and individuals, including the Musk Foundation and the Eunice Kennedy Shriver National Institute of Child Health and Human Development. The report emphasizes that no funder influenced the research process or findings, and all authors state that the paper does not necessarily represent the views of any funder.

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Acknowledgements for an Economics Research Paper

2025-06-12
Acknowledgements for an Economics Research Paper

This economics research paper acknowledges David Autor, Marianne Bertrand, and several other scholars and institutions, including participants from the Becker Friedman Institute, Chicago Booth, INSEAD, Microsoft Research, and MIT Sloan, for their helpful comments and suggestions. The project received funding from the Center for Applied Artificial Intelligence and the Polsky Center for Entrepreneurship and Innovation. Caspar Ringhof provided excellent research assistance. The views expressed are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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Acknowledgements: The People and Resources Behind a Large Research Project

2025-05-27
Acknowledgements: The People and Resources Behind a Large Research Project

This acknowledgement expresses gratitude to the NIH for funding the large research project, and to the numerous individuals involved in the research. The study utilized the Summit supercomputer and the Alpine high-performance computing resource at the University of Colorado Boulder. The acknowledgement clarifies that the content solely reflects the authors' views and does not necessarily represent the official views of the NIH or other funding bodies, and that IRB approval was obtained from the relevant institutions.

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Academic Ties to Meta: Author Disclosures Spark Debate

2025-04-21
Academic Ties to Meta: Author Disclosures Spark Debate

Authors of a National Bureau of Economic Research paper have disclosed extensive financial ties to Meta, including direct research funding, consulting work, and attendance at Meta-sponsored events. The disclosures raise concerns about academic independence and potential conflicts of interest, highlighting the complex relationship between tech giants and academia.

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Misc

Acknowledgements for an Economics Research Paper

2025-04-12
Acknowledgements for an Economics Research Paper

This is an economics research paper. The authors thank Julian Reif for helpful comments and acknowledge the research assistance of Emily Brydges, Fatima Djalalova, Ke Gao, Stella Gu, Jinglin Jian, Ekaterina Tsavalyuk, Zhifei (Julia) Xie, and Serhan Yalciner. Funding was provided by Gies at the University of Illinois and the Wellesley College Faculty Award Grant; there are no financial conflicts of interest. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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USPTO-Funded Study: Background for the Unleashing American Innovators Act

2025-03-19
USPTO-Funded Study: Background for the Unleashing American Innovators Act

This study was funded by the USPTO and independently prepared as background material for the USPTO’s report to Congress, as mandated by the Unleashing American Innovators Act of 2022. The authors acknowledge helpful comments and discussions with Lauren Ailes and Brett Lockard, as well as USPTO employees and participants at NBER and European Commission events. The views expressed are solely those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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