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Highlighted Publications


Do Non-Compete Agreements Reduce Innovation?
Reinmuth and Rockall (2025) examine whether stronger enforcement of non-compete agreements reduces innovation. They analyze U.S. state-level changes in enforceability from 1991–2016, using patent data from the USPTO, firm data from Compustat, and business formation data. They find that increases in enforceability significantly reduce innovation, with patenting declining by about 14% after five years for an average policy change. The negative effects are larger for more novel
4 hours ago


Why Do Eligible Individuals Fail to Claim Benefits and How Can Policy Interventions Fix It?
Bendtsen (2026) examines whether reducing administrative burdens increases the take-up of social benefits. He analyzes data from 51 field experiments covering 187 treatment effect sizes across multiple countries and programs. Using a meta-analytic framework, he compares interventions that reduce learning demands (information) versus compliance demands (assistance), and distinguishes between application and actual receipt outcomes. He finds that interventions raise application
3 days ago


To What Extent Does Falling Fertility Undermine Economic Well-Being in the United States?
Weil (2026) asks how continued low fertility would affect the US standard of living, especially age-adjusted consumption per capita. He uses demographic models, stable population simulations, National Transfer Accounts data, and projections of fertility, age structure, and economic variables. He finds that lower fertility modestly reduces long-run living standards, mainly through higher old-age dependency, but this is partly offset by lower investment needs. Quantitatively, r
Mar 19


Do Water-Efficiency Building Codes Reduce Household Water Use?
Nemati (2026) asks whether water-efficiency building codes actually reduce household water use once homes are occupied. He examines monthly residential water billing records from two large water districts in Riverside County, California, linked to property characteristics and weather data. The study compares homes built just before and just after the California Green Building Standards Code (CALGreen) took effect. Nemati finds that homes built under CALGreen use about 11–12 p
Mar 17
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