Filter Results:
(376)
Show Results For
- All HBS Web (466)
- Faculty Publications (131)
Show Results For
- All HBS Web (466)
- Faculty Publications (131)
Sort by
- 05 May 2015
- First Look
First Look: May 5
outcome, it strongly increases valuation of an ambiguous financial prospect. However, when information supports an unfavorable outcome, it has significantly less impact. We find that two mechanisms drive this asymmetry. First, unfavorable information decreases View Details
Keywords: Carmen Nobel
- 21 Nov 2017
- First Look
First Look at New Research and Ideas, November 21, 2017
platforms. We explore this "rating aggregation problem" and offer a structural approach to solving it, allowing for (1) reviewers to vary in stringency and accuracy, (2) reviewers to be influenced by existing reviews, and (3)... View Details
Keywords: Sean Silverthorne
- 14 Oct 2009
- First Look
First Look: October 14
the strong hardware and manufacturing bias and hierarchical structures of Japan's computer and electronics firms is largely responsible for the virtual non-existence of a standalone software sector. Second, even when the vertical... View Details
Keywords: Martha Lagace
- 05 Apr 2010
- Research & Ideas
HBS Cases: iPads, Kindles, and the Close of a Chapter in Book Publishing
cooperation with Amazon? Are there other strategic partners to consider? As the largest publisher in the world, should Random House take a stand on e-book pricing and royalty rates? Finally, if the entire structure of the book publishing... View Details
- 16 Mar 2010
- First Look
First Look: March 16
authority. This three-level structure closely parallels that of all organized team sports. The play on the field is like the markets of capitalism, and the actions of the players are regulated by referees who enforce a set of rules... View Details
Keywords: Martha Lagace
- 22 Jan 2019
- First Look
New Research and Ideas, January 22, 2019
important for innovation: they produce specialized inputs, have more downstream links with other industries, and benefit especially from co-locating with their customers creating externalities. Using the 2002 Benchmark Input-Output Accounts, we View Details
Keywords: Dina Gerdeman
- 14 Nov 2017
- First Look
New Research and Ideas: November 14, 2017
Regression estimates suggest that the relationship between leverage, exchange rate depreciations, and corporate financial distress is time varying. A central finding is that firm size is correlated with corporate distress and, further,... View Details
Keywords: Carmen Nobel
- 16 Jul 2008
- Op-Ed
What Should Employers Do about Health Care?
estimate that employers spend 200 to 300 percent more on the indirect costs of poor health than they do on health benefits. The costs of poor health are especially high for chronic conditions such as diabetes, migraines, heart disease,... View Details
- 07 Aug 2006
- Research & Ideas
Whatever Happened to Caveat Emptor?
comparative product testing in Germany. Product tests, conducted by the Warentest Institute and published in their monthly magazine Test, influence both consumers and producers. With an estimated 5 million readers, Warentest is the... View Details
- 18 Sep 2007
- First Look
First Look: September 18, 2007
http://www.hbs.edu/research/pdf/08-013.pdf Evidence on the Effects of Unverifiable Fair-Value Accounting Authors:Karthik Ramanna and Ross L. Watts Abstract SFAS 142 requires firms to use fair-value estimates to determine goodwill... View Details
Keywords: Martha Lagace
- 02 Jun 2010
- First Look
First Look: June 2
sold, inventory, and gross margin (defined here as the ratio of sales to cost of goods sold) as three endogenous variables. We construct a simultaneous equations model, estimated using public financial and non-financial data, to provide... View Details
Keywords: Martha Lagace
- 24 Jul 2018
- First Look
New Research and Ideas, July 24, 2018
of an estimated secular increase in the cross-country correlations of both stock and bond returns since the late 1990s. Increased correlations of inflation shocks are also an important source of the shift in bond correlations. By... View Details
Keywords: Dina Gerdeman
- 10 Apr 2006
- Research & Ideas
Lessons from the Browser Wars
share of end-users is only estimated at 10 percent, and end-users are less of a barrier to further market share than are Webmasters. Q: What are the chances for browsers like Firefox and Camino for the Mac to become mainstream products?... View Details
- 15 Feb 2011
- First Look
First Look: Feb. 15
people living in Germany from 1984 to 2000. Specifically, we estimate a "happiness equation" defined over several lags of income and status and compare the long-run effects. We can (cannot) reject the hypothesis of no adaptation... View Details
Keywords: Sean Silverthorne
- 24 Oct 2017
- First Look
First Look at New Research and Ideas, October 24, 2017
size of the LGBT population are misestimated, likely substantially. In a series of online experiments using a large and diverse but non-representative sample, we compare estimates from the standard methodology of asking sensitive... View Details
Keywords: Sean Silverthorne
- 29 Jan 2013
- First Look
First Look: Jan. 29
paper specifies and estimates a model in which the nominal term structure of interest rates is driven by four state variables: the real interest rate, temporary and permanent components of expected... View Details
Keywords: Sean Silverthorne
- 26 Jul 2010
- Research & Ideas
Yes, You Can Raise Prices in a Downturn
industries like software. “Industry is not destiny.” Take the airline business, for example, which, over its history, has an accumulated net loss in the billions—a classic B-school example of a structurally unattractive industry. A joke... View Details
- 10 Feb 2009
- First Look
First Look: February 10, 2009
average in the period 1953-2005, it was particularly high in the early 1980s and negative in the early 2000s. This paper specifies and estimates a model in which the nominal term structure of interest rates... View Details
Keywords: Martha Lagace
- 29 Jun 2007
- First Look
First Look: June 29, 2007
focus exclusively on estimates of expected payoffs, such as credit ratings, without considering the state of the economy in which default is likely to occur. Such investors are likely to be attracted to securities whose payoffs resemble... View Details
Keywords: Martha Lagace
- 27 Aug 2013
- First Look
First Look: August 27
(i) few firms lobby, (ii) lobbying status is strongly associated with firm size, and (iii) lobbying status is highly persistent over time. Estimating a model of a firm's decision to engage in lobbying, we find significant evidence that... View Details
Keywords: Sean Silverthorne