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The Long Run Economic Effects of Medical Innovation and the Role of Opportunities

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NBER2025-12-01 更新2026-01-03 收录
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We leverage the introduction of the first antibiotic therapies in 1937 to examine the long run effects of early childhood pneumonia on adult educational attainment, employment, income, and work-related disability. Using census data, we document large average gains on all outcomes, alongside

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2025-12-01
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