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  • 18 Sep 2018
  • First Look

New Research and Ideas, September 18, 2018

critical role in university admissions across the world. A key question is whether imposing penalties for wrong answers on these exams deters guessing from women more than men, disadvantaging female test takers. We consider data from a large-scale, high-stakes View Details
Keywords: Dina Gerdeman
  • 22 Mar 2016
  • First Look

March 22, 2016

role of specific economic and political institutions in shaping the business environment and economic growth in emerging markets. It gives answers to the following questions: When will governments define and enforce property rights? When will the division of View Details
Keywords: Sean Silverthorne
  • 08 Jan 2014
  • What Do You Think?

Do Productivity Increases Contribute to Social Inequality?

agreed: "The main reason for the rising inequality is that Free Trade has encouraged/required manufacturing to be offshored and outsourced If we replaced the Free Trade policies with a Balanced Trade policy, using (import licences)... View Details
Keywords: by James Heskett
  • 19 Jul 2006
  • Research & Ideas

Political Turmoil and Mexico’s Economy

some risks and its politics will remain opaque and confusing to outsiders attempting to do business there." Is Foreign Investment Enough? NAFTA offers another insight into the economies of Mexico and other developing nations. In the working paper "Was NAFTA... View Details
Keywords: by Julia Hanna
  • 09 Feb 2010
  • First Look

First Look: Feb. 9

Peter Tufano, and Michael Hofmann Publication:Harvard Business Review 84, no. 10 (October 2009): 68-75 An abstract is unavailable at this time. Preview the article: http://hbr.org/2009/10/managing-risk-in-the-new-world/ar/1 Behavioral Aspects of Price Setting, and... View Details
Keywords: Martha Lagace
  • 20 Feb 2008
  • First Look

First Look: February 20, 2008

download available at this time. Behavioral Aspects of Price Setting, and Their Policy Implications Author:Julio J. Rotemberg Abstract This paper starts by discussing consumers' cognitive and emotional reaction to posted prices.... View Details
Keywords: Martha Lagace
  • 07 Oct 2014
  • First Look

First Look: October 7

resources in the ongoing accumulation of scientific knowledge. Publisher's link: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2478627 October 2014 Research Policy 'Open' Disclosure of Innovations, Incentives and Follow-on Reuse:... View Details
Keywords: Sean Silverthorne
  • 22 May 2012
  • First Look

First Look: May 22

vulnerabilities that left Mexico exposed to a sudden change in investor appetite for Mexican securities in 1994. Political violence in Mexico and changes in monetary policy in the United States then led to... View Details
Keywords: Sean Silverthorne
  • 22 Mar 2011
  • First Look

First Look: March 22

the paper: http://www.hbs.edu/research/pdf/11-028.pdf Do Not Trash the Incentive! Monetary Incentives and Waste Sorting Authors:Alessandro Bucciol, Natalia Montinari, and Marco Piovesan Abstract This paper examines whether View Details
Keywords: Sean Silverthorne
  • 05 Jun 2018
  • First Look

New Research and Ideas, June 5, 2018

2018 Chicago, IL: University of Chicago Press High-Skilled Migration to the United States and Its Economic Consequences By: Hanson, Gordon H., William R. Kerr, and Sarah Turner, eds. Abstract—Immigration policy is one of the most... View Details
Keywords: Dina Gerdeman
  • 10 Mar 2009
  • First Look

First Look: March 10, 2009

variability than was the case historically. Under the new policy, dividends would be tied to the company's underwriting results, its performance relative to predetermined goals, and a target payout ratio. Progressive's new policy was... View Details
Keywords: Martha Lagace
  • 17 Apr 2012
  • First Look

First Look: April 17

exists between spending money on others (i.e., prosocial spending) and happiness. Participants recalled a previous purchase made for either themselves or someone else and then reported their happiness. Afterward, participants chose whether to spend a View Details
Keywords: Carmen Nobel
  • 02 Sep 2013
  • Research & Ideas

The Curse of Double-Digit Growth

advisor to Liberian president and Nobel Peace Prize-winner Ellen Johnson Sirleaf, a 1971 graduate of the Harvard Kennedy School, wrote the policy memorandum at the request of the Liberian government, which seeks fast growth of its own. To... View Details
Keywords: by Kim Girard
  • 05 Oct 2010
  • First Look

First Look: October 5, 2010

optimal government debt maturity in a model where investors derive monetary services from holding riskless short-term securities. In a simple setting where the government is the only issuer of such riskless paper, it trades off the View Details
Keywords: Sean Silverthorne
  • 02 Aug 2016
  • First Look

August 2, 2016

The Unintended Consequences of the Zero Lower Bound Policy By: Di Maggio, Marco, and Marcin Kacperczyk Abstract—We study the impact of the zero lower bound interest rate policy on the industrial organization... View Details
Keywords: Sean Silverthorne
  • 13 Nov 2012
  • First Look

First Look: November 13

externality and technology diffusion play a particularly important role in multinationals' offshore agglomeration. Download the paper: http://ssrn.com/abstract=1524857 Do Prices Determine Vertical Integration? Evidence from Trade Policy... View Details
Keywords: Sean Silverthorne
  • 22 Apr 2015
  • Op-Ed

Reforming Greece: Myths and Truths

totaling 950 million euros to the International Monetary Fund by May 12. However, major confusion exists about what has happened in this period and why we are still talking about Greece being at the Eurozone's exit door and at the brink... View Details
Keywords: by George Serafeim
  • 11 Oct 2016
  • First Look

October 11, 2016

debt. We propose that monetary policy credibility explains the currency composition of sovereign debt and nominal bond risks in the presence of risk-averse investors. In our model, low credibility... View Details
Keywords: Sean Silverthorne
  • 15 Aug 2017
  • First Look

First Look at New Research and Ideas, August 15, 2017

about favorable future policy changes. A lab experiment involving monetary bets on the future popularity of politicians and a field experiment involving political donations (N = 660,542) demonstrated that... View Details
Keywords: Sean Silverthorne
  • 14 Apr 2015
  • First Look

First Look: April 14

the right for guiding monetary policy into dangerous territory. Their criticisms echoed arguments Bernanke himself had made with regard to past downturns in Japan and Europe. Were the critics right, or was... View Details
Keywords: Sean Silverthorne

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