Research featured as AEA Chart of the Week

Our paper on the disclosure function of the patent system contains this week’s AEA Chart of the Week: https://www.aeaweb.org/research/charts/disclosure-innovation-patent-library

The paper shows evidence that the disclosure function of the patent system, the „quid pro quo of the right to exclude“ (US Supreme Court) seems to have empirical relevance. To identify these effects, we leverage the staggered introduction of Patent Depository Libraries across the United States. You can find out more about the paper here: https://www.aeaweb.org/articles?id=10.1257/pol.20180636