What Drives Differences in Management? -- by Nicholas Bloom, Erik...
Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with...
View ArticleChannels of Impact: User Reviews when Quality is Dynamic and Managers Respond...
We examine the effect of managerial response on consumer voice in a dynamic quality environment. We argue that, in this environment, the consumer is motivated to write reviews by, in addition to...
View ArticleIdentification of and Correction for Publication Bias -- by Isaiah Andrews,...
Some empirical results are more likely to be published than others. Such selective publication leads to biased estimators and distorted inference. This paper proposes two approaches for identifying the...
View ArticleSeeing and Hearing: The Impacts of New York City's Universal Prekindergarten...
Prior research suggests that high quality universal pre-kindergarten (UPK) programs can generate lifetime benefits, but the mechanisms generating these effects are not well-understood. In 2014, New...
View ArticleThe Value of Flexible Work: Evidence from Uber Drivers -- by M. Keith Chen,...
Participation in flexible contract work has increased dramatically over the last decade, often in settings where new technologies lower the transaction costs of providing labor flexibly. One prominent...
View ArticleCitywide Effects of High-Occupancy Vehicle Restrictions: Evidence from the...
In cities worldwide, the widespread use of single occupancy cars often leads to traffic congestion and its associated ill effects. Using high frequency data from Google Maps, we test whether...
View ArticleRisk Aversion as a Perceptual Bias -- by Mel Win Khaw, Ziang Li, Michael...
The theory of expected utility maximization (EUM) explains risk aversion as due to diminishing marginal utility of wealth. However, observed choices between risky lotteries are difficult to reconcile...
View ArticleWhat can we Learn from Euro-Dollar Tweets? -- by Vahid Gholampour, Eric van...
We use 633 days of tweets about the Euro/dollar exchange rate to determine their information content and the profitability of trading based on Twitter Sentiment. We develop a detailed lexicon used by...
View ArticleFifty Years Of Growth In American Consumption, Income, And Wages -- by Bruce...
Despite the large increase in U.S. income inequality, consumption for families at the 25th and 50th percentiles of income has grown steadily over the time period 1960-2015. The number of cars per...
View ArticleThe Cross Section of Bank Value -- by Mark Egan, Stefan Lewellen, Adi Sunderam
We study the determinants of value creation within U.S. commercial banks. We focus on three theoretically-motivated drivers of bank value: screening and monitoring, "safe" deposit production, and...
View ArticleStrengthening National Data to Better Measure What We Are Buying in Health...
As health care financing, organization, and delivery innovations proliferate, the need for comprehensive, detailed data on medical spending has never been more apparent. This study builds on previous...
View ArticleMigrants and the Making of America: The Short- and Long-Run Effects of...
We study the effects of European immigration to the United States during the Age of Mass Migration (1850-1920) on economic prosperity today. We exploit variation in the extent of immigration across...
View ArticleJoan Garry's Guide to Nonprofit Leadership: Because Nonprofits Are Messy
Nonprofit leadership is messyread more...
View ArticleREGIS-TR Receives Formal Recognition As Foreign Trade Repository In Switzerland
The European Trade Repository REGIS-TR has been formally recognized by the Swiss Financial Market Supervisory Authority FINMA on 1 April 2017. REGIS-TR is now officially a foreign trade repository in...
View ArticleEEX: 42% Volume Increase On German-Austrian Power Derivatives Market - EEX...
In March 2017, the European Energy Exchange (EEX) reached a volume of 311.2 TWh on its power derivatives markets, representing a year-on-year increase of 22% (March 2016: 255.8 TWh).read more...
View ArticleCFTC Acting Chairman Giancarlo Announced Andrew B. Busch As The...
U.S. Commodity Futures Trading Commission (Commission) Acting Chairman J. Christopher Giancarlo today announced that Andrew B. Busch has been named the Commission’s first Chief Market Intelligence...
View ArticleMGEX Records Best March Volume Ever
MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has concluded the best March in its history, totaling 202,500 contracts traded during the month. Total volume for...
View ArticleDubai Financial Services Authority Censures Individual For Misleading Conduct
The Dubai Financial Services Authority (DFSA) has censured Mrs Jai Surve, a former employee of a DFSA Authorised Firm, for providing the DFSA with false and misleading information. Mrs Surve was a...
View ArticleWarsaw Stock Exchange Monthly Statistics For March 2017
Warsaw Stock Exchange Monthly Statistics for March 2017 is now available:read more...
View ArticleFactSet And ONEaccess Team To Address Research Tracking And Valuation...
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, and ONEaccess, a Visible Alpha company and leading corporate access and research...
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