20 February 2018
Using Current Population Survey data, Daniel S. Hamermesh
demonstrates a 15 percentage point wage disadvantage among academics compared to all other doctorate-holders with the same demographics. He finds that professors’ smoother distribution of work time accounts for as much as one-third of the wage disadvantage.
16 February 2018
Data from 14 countries that acceded to the European Patent Convention between 2000 and 2008 suggest foreigners seeking patent protection in the accession states immediately substituted European patents for domestic patents, but domestic entities had no discernible reaction to the new patent office, Bronwyn Hall
and Christian Helmers
15 February 2018
Examining how student performance responded to school spending cuts induced by the Great Recession, C. Kirabo Jackson
, Cora Wigger
, and Heyu Xiong
find a 10 percent school budget cut reduced test scores by about 7.8 percent of a standard deviation, and that a 10 percent reduction during all four high school years was associated with 2.6 percentage points lower graduation rates.