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Will The University Endowment Tax Slow Scientific Progress? Evidence from Elite Economics PhD Programs

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NBER2026-05-01 更新2026-05-30 收录
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The 2025 university endowment tax hike and other sources of financial pressure may lead the schools that train the most prolific economics researchers to reduce graduate enrollment. Will this affect long-run research output? We use a novel sample of MIT Economics PhD program applicants to estimate

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2026-05-01
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