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Innovation-Driven Entrepreneurship

By Tristan L. Botelho, Daniel C. Fehder, and Yael V. Hochberg

Journal of Economic Literature, March 2026

Innovation-driven entrepreneurship (IDE) is viewed as a key driver of economic growth. This review provides a structured guide to the key themes of the growing literature on the economics of IDE, which differs substantially in its nature from other types ...

No Taxation without Administration: Bringing the State Back into the Public Finance of Developing Countries

By Anders D. Jensen and Jonathan L. Weigel

Journal of Economic Literature, March 2026

The empirical economics literature on taxation in developing countries has centered on the importance of third-party information for enforcement. Yet, while surely a long-run objective, leveraging such information remains out of reach in many developing c...

IT and Urban Polarization

By Jan Eeckhout, Christoph Hedtrich, and Roberto Pinheiro

American Economic Journal: Macroeconomics, January 2026

We show that differential IT investment across cities has been a key driver of job and wage polarization since the 1990s. Using a novel dataset, we establish two stylized facts: IT investment is highest in firms in large and expensive cities, and the decl...