National Bureau of Economic Research

Growth in data centers—driven in part by rising AI demand—boosts local employment, wages, income, and house prices, while also increasing electricity prices, from Fernando E. Alvarez, David Argente, Joyce Chow, and Diana Van Patten https://lnkd.in/eNuPUS9x

Higher rates of mid-life mortality are found among AIAN and White Supplemental Security Income recipients compared to Black, Hispanic, and Asian SSI recipients, from Madeline S. Helfer, Becky Staiger, and Jessica Van Parys https://lnkd.in/eeUjY2At

Introducing algorithmic credentialism, AI tools that screen on degrees over skills, and shows why the efficiency case for degree screens collapses in the AI era, from Peter Q. Blair and Rui Guo https://lnkd.in/eHJtdMnX

Startups relying heavily on organization capital to achieve economies of scale and network effects through digital technologies are more likely to become large private firms than exit earlier via an IPO or acquisition, from Rüdiger Fahlenbrach, Leandro Sanz, and René M. Stulz https://lnkd.in/e7EqQDgn

Using partially pre-committed research designs to assess whether the effects of the Affordable Care Act’s key provisions evolved dynamically from the short- to the long-run, from Jeffrey Clemens, Anwita Mahajan, and Joseph J. Sabia https://lnkd.in/em6cqCHZ

The Campbell–Shiller log-linear approximation is not a universally valid accounting identity, because its interpretation and validity depend on restrictive assumptions about dividends, investor beliefs, and pricing models that often fail in real-world data, from Itzhak Ben-David and Alex Chinco https://lnkd.in/ei3GifFK

Deep Research on a Loop (DRIL): a method that uses AI agents, guided by a formal research instrument and strict evidence rules, to build datasets from public sources, from Santiago Afonso, Sebastian Galiani, Ramiro H. Gálvez, and Raul A. Sosa https://lnkd.in/eYzjdPZM

Anti-harassment laws weakening NDAs unexpectedly cut female hiring at VC-backed startups by about 8 percent, but promote more women into leadership and oust more male managers, from Jun Chen, Song Ma, and Feng Zhang https://lnkd.in/eCjwxqxu

Proposing AlphaGlass, an inherently interpretable machine-learning framework for constructing portfolios that directly optimize investment objectives, from Sebastian Bell, Ali Kakhbod, Martin Lettau, and Abdolreza Nazemi https://lnkd.in/e3zZHFY6

LLM responses predict human choices over life stories and reveal similar dollar-valued life-attribute tradeoffs, from Omar Abdel Haq, Amitabh Chandra, Tomáš Jagelka, Erzo F.P. Luttmer, and Joshua Schwartzstein https://lnkd.in/ea_KvV4M