W. Bentley MacLeod, Miguel Urquiola, 22 February 2021

In 1875, the US had none of the world’s leading research universities; today, it accounts for the majority of the top-ranked ones. Many observers cite events surrounding WWII as the source of this reversal, but US universities were well on their way to leadership before WWII. This column argues that an explanation of their dominance must therefore begin earlier, and highlights reforms that began after the Civil War and enhanced the incentives and resources the system directs at research.

John Conley, Ali Önder, Mario Crucini, Robert Driskill, 24 October 2011

It is a well-documented fact that the time between submission and publication at most journals has been increasing over the last few decades. This column documents and discusses various implications of this publication slowdown on research productivity and the careers of economics PhD recipients.

CEPR Policy Research