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- News (222)
- Research (1,286)
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- 26 Mar 2013
- First Look
First Look: March 26
particular mechanism to address those voids: minority state ownership. Due to their minority nature, such stakes are less affected by the agency distortions commonly found in full-fledged state-owned firms. Using panel data from publicly...
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Sean Silverthorne
- 13 Dec 2016
- First Look
December 13, 2016
channel is selection and market reallocation whereby competition leads to factor reallocation both within and between domestic firms and exits of the least productive firms. We investigate the roles of these different mechanisms in...
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Carmen Nobel
- 31 Jan 2012
- First Look
First Look: Jan. 31
(forthcoming) Abstract We explore the existence and underlying neural mechanism of a new norm endorsed by both black and white Americans for managing interracial interactions: "racial paralysis," the tendency to opt out of...
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Sean Silverthorne & Carmen Nobel
- 19 Nov 2013
- First Look
First Look: November 19
entry of new female candidates, no change in female or male voter turnout, and no spillover effects to neighboring areas. Further analysis points to a reduction in party bias against women candidates as the main mechanism driving the...
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Sean Silverthorne
- 09 Jun 2009
- First Look
First Look: June 9
also accounts reasonably well for the large gyration in stock prices over this period. Finally, the endogenous adoption mechanism plays a significant role in amplifying other shocks. Download the paper:...
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Martha Lagace
- 25 Mar 2014
- First Look
First Look: March 25
variables approach. The negative effect is strongest in poor countries, suggesting that high profits stymie economic development rather than enable it. Consistent with the rent-seeking mechanism of the model, we find that high rents are...
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Sean Silverthorne
- 10 Apr 2012
- First Look
First Look: April 10
justify the actions of this individual and to behave more selfishly and less ethically themselves. We also establish the mechanism explaining this effect: when participants felt psychologically close to someone who had behaved selfishly,...
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Carmen Nobel
- 07 Dec 2010
- First Look
First Look: Dec. 7
had been discovered that the common combination of Plavix and Prilosec, an over-the-counter drug, could adversely affect patients. Finally, Plavix faced new competition from two new drugs with different mechanisms of action. This case...
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Sean Silverthorne
- 12 Dec 2017
- First Look
New Research and Ideas, December 12, 2017
the effects of RER changes in terms of differences in export intensity, import intensity and financial constraints. We estimate the model and quantitatively evaluate the different mechanisms by providing counterfactual simulations of...
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Sean Silverthorne
- 25 Feb 2015
- Lessons from the Classroom
Scholars and Students Unpack the Digital Business Revolution
the expanding practice of leveraging crowds for innovation and how crowdsourcing models have played out in different business environments. Lakhani notes, for example, that digital innovation has changed the models and mechanisms around...
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- 27 Nov 2017
- Research & Ideas
Beware the Lasting Impression of a 'Temporary' Selfie
across nine studies. Study one, conducted at a university, was designed to determine whether temporariness impacts disclosure and the impressions made upon others. Participants were asked to take a selfie and told that it would be displayed on the school’s “Moment...
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by Rachel Layne
- 22 Dec 2016
- Op-Ed
The Small Business Administration is a Model for How to Drive Economic Growth
agency—that expands access to credit to small businesses across America with an overall loss rate under 5 percent—should be viewed as a huge asset, as it most certainly was when I joined the agency in 2009 at the height of the credit crisis. SBA’s loan guarantee...
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by Karen Mills
- 22 Apr 2014
- First Look
First Look: April 22
paper demonstrates a negative effect of rents, measured by the mark-up ratio, on productivity growth. The negative effect is strongest in poor countries, suggesting that high profits stymie economic development rather than enable it. Consistent with the rent-seeking...
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Sean Silverthorne
- 28 Jan 2014
- First Look
First Look: January 28
economic trends a central economic activity and shed light on the mechanics of financial markets by providing a range of statistics and information about individual firms. They also raised questions that are still relevant today. What is...
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Sean Silverthorne
- 21 Dec 2010
- First Look
First Look: December 21
self-control) in one domain subsequently reduces one's capacity to regulate behavior in other domains. One reason is that people have limited self-regulatory resources, and self-regulatory failure occurs when these resources become overwhelmed. This paper provides...
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- 31 Jul 2012
- First Look
First Look: July 31
examine the psychological mechanism explaining the relationship between bad weather and increased productivity. Our findings support our proposed model and suggest that worker productivity is higher on bad rather than good weather days....
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Carmen Nobel
- 28 Sep 2010
- First Look
First Look: September 28, 2010
Review (forthcoming) Abstract Companies in Victorian Britain operated in a laissez-faire legal environment from the perspective of outside investors, implying that such investors were not protected by the legal system. This article seeks to identify the alternative...
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Sean Silverthorne
- 06 May 2008
- First Look
First Look: May 6, 2008
candidates into development. However, several questions related to the integration of Aurora into Vertex were still unresolved, the most pressing being Aurora's major collaboration with the Cystic Fibrosis Foundation (CFF). Were venture philanthropy and foundation...
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Martha Lagace
- 09 Apr 2008
- Research & Ideas
The Matchmaker of the Modern Economy
manufacturing new mechanical or scientific instruments. And the city has always had a revolutionary streak, with movements for women's suffrage, antislavery, and the American Revolution itself all being launched from its streets. Georges...
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by Spencer E. Ante
- 08 Jan 2014
- What Do You Think?
Do Productivity Increases Contribute to Social Inequality?
democracy (and the lives of the 1%)? Is this something that market mechanisms can resolve? Or will responses like those Rifkin proposes be the answer? Or are these just 2013's issues of the day? What do you think? To Read More: Jaron...
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by James Heskett