What Makes Charter Schools Work?
For Whom Do They Work Best?

Roland Fryer of Harvard University, winner of the 2015 John Bates Clark Medal for the most substantial contribution to economic thought by a young scholar, calls charter schools one of the most innovative developments in education reform in the past few decades and discusses what makes a good charter school work. A broad selection of work on charter schools by Fryer and other NBER-affiliated researchers is on this newest NBER research theme page.

New NBER Research

25 November 2015

Discretion in Hiring

Human resource experts debate whether firms should rely on hard metrics, such as job test scores, or give managers discretion in making hiring decisions. A study by Mitchell Hoffman, Lisa B. Kahn, and Danielle Li suggests that, when faced with similar applicant pools, managers who exercise more discretion, as measured by their likelihood of overruling test-based recommendations, end up making worse hires.

24 November 2015

Taste for Competition and the Gender Gap
Among Young Business Professionals

Ernesto Reuben, Paola Sapienza, and Luigi Zingales investigate whether differences in individuals’ “taste for competition” explains gender differences in earnings and industry choice in a sample of high-ability MBA graduates. They find that competitive individuals earn nine percent more than their less competitive counterparts, and that gender differences in taste for competition explain around 10 percent of the overall gender gap in earnings.
More Research

NBER in the News

Childhood Interventions: What Works?

Exploring Health Care, Poverty, and Environment

Janet Currie of Princeton University, a co-director of the NBER's Program on Children, talks about the growing focus on the earliest stages of children's development and the benefits to society of accurately targeted, effective interventions. See a selection of NBER research into how various interventions work.


On the News

Some Problems with For-Profit Schools

A for-profit education company that has received more than $11 billion in government-funded student aid has agreed to pay $95 million and forgive $103 million in student loans to settle claims that it illegally incentivized recruiters and exaggerated the career-placement abilities of its schools. NBER researchers have made several in-depth studies of such schools.

Read the news:

US reaches $95.5M settlement in for-profit education case

Read the NBER research:

Job applicants with degrees from for-profit schools less likely to get callbacks

Does federal student aid raise tuition? New evidence on for-profit colleges

The for-profit postsecondary school sector: Nimble critters or agile predators?

New in the NBER Digest

Who Is Admitted to Gifted and Talented Education?

The admissions gap between disadvantaged students and higher-income white students could be sharply reduced if universal screening were used to supplement the traditional referral process, according to research summarized in the November edition of The NBER Digest. Other featured research in this month’s Digest examines the impact of workfare in India, the effect of the single currency on productivity growth in southern Europe, reasons for early Social Security claiming, the growing importance of social skills in the labor market, and the effects of government-assisted mortgage refinancing on consumer spending.

Download the PDF
or Read online

NBER Researchers and Financial Officials

Review Taxation Strategies and Results

New research into how American businesses are owned and taxed was a central topic at the annual NBER Conference of Tax Policy and the Economy. Videos of all presentations of research at the conference are now available here.

NBER Reporter

Corporate Liquidity Management: Cash Remains King

Corporate holdings of liquid assets are at their highest levels since World War II, both in terms of absolute values and as a fraction of total corporate assets, Murillo Campello writes in the latest edition of the quarterly NBER Reporter. Apple Inc., alone, reports holding cash comparable to the GDP of Portugal or Greece. Why? Read Campello's article or download a pdf of the 2015:3 Reporter.

NBER Videos

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