Publications

2022
Working Paper

Measuring the Tolerance of the State: Theory and Application to Protest

By: Veli Andirin, Yusuf Neggers, Mehdi Shadmehr and Jesse M. Shapiro

We develop a measure of a regime's tolerance for an action by its citizens. We ground our measure in an economic model and apply it to the setting of political protest. In the model, a regime anticipating a protest can take a costly action to repress it. We define the... View Details

Keywords: Political Protests; Modeling And Analysis; Government and Politics; Conflict and Resolution

04 Oct 2019
News

Changing of the Guard at Tesco

Photo via Tesco Photo via Tesco In July, the British retailer Tesco marked its 100th birthday with a 30-hour dance session in Wembley Stadium. Historic milestones aside, the company could also celebrate its recovery from an accounting scandal and extended View Details

Keywords: Tesco; Food and Beverage Stores; Retail Trade

March 2000 (Revised May 2002)
Case

Korea: On the Back of a Tiger

Describes the development strategy followed by Korea under the leadership of Park Chung Hee as well as the reform efforts embarked on by his successors. View Details

Keywords: Leadership; Developing Countries and Economies; Government and Politics; Growth and Development Strategy; Public Administration Industry; South Korea

Educators

August 2013
Article

The Price of Diversifiable Risk in Venture Capital and Private Equity

By: Michael Ewens, Charles Jones and Matthew Rhodes-Kropf

This paper explores the private equity and venture capital (VC) markets and extends the standard principal-agent problem between the investors and venture capitalist to show how it alters the interaction between the venture capitalist and the entrepreneur. Since the... View Details

Keywords: Price; Risk and Uncertainty; Venture Capital; Private Equity; Contracts; Investment; Competition; Agency Theory; Investment Return; Forecasting and Prediction; Theory; Diversification

2015
Working Paper

Are CEOs Born Leaders? Lessons from Traits of a Million Individuals

By: Renée Adams, Matti Keloharju and Samuli Knüpfer

What makes a CEO? We merge data on the traits of more than one million Swedish males, measured at age 18 in a mandatory military enlistment test, with data on their service as a CEO of any Swedish company decades later. CEOs have higher cognitive and non-cognitive... View Details

Keywords: Personal Characteristics; Management Teams

SSRN

05 Apr 2010
Research & Ideas

HBS Cases: iPads, Kindles, and the Close of a Chapter in Book Publishing

competition for eyeballs increasing from the Internet, television, and video games, publishers know they have a tough road ahead, regardless of how digital readers change their business model. “The situation... View Details

Keywords: by Julia Hanna; Information; Publishing; Entertainment & Recreation

2013
Chapter

Growth and the Quality of Foreign Direct Investment: Is All FDI Equal?

By: Laura Alfaro and Andrew Charlton

In this paper we distinguish different "qualities" of FDI to re-examine the relationship between FDI and growth. We use "quality" to mean the effect of a unit of FDI on economic growth. However, this is difficult to establish because it is a function of many different... View Details

Keywords: Quality; Economic Growth; Foreign Direct Investment

26 Aug 2020
News

'I'm afraid we're going to lose 20-30% of our small businesses': Fmr. SBA Administrator Karen Mills

The Price Effects of Cross-Market Mergers: Theory and Evidence from the Hospital Industry

We consider the effect of mergers between firms whose products are not viewed as direct substitutes for the same good or service but are bundled by a common intermediary. Focusing on hospital mergers across distinct geographic markets, we show that such... View Details

01 May 2014
Working Paper Summaries

Revisiting the Classical View of Benefit-Based Taxation

Keywords: by Matthew Weinzierl

15 Nov 2012
Research & Ideas

Funding the Design of Livable Cities

governments to fund, design, and accomplish new cities all over the world that are economically competitive, that use water and energy effectively, and which are healthy for their citizens." With the support View Details

Keywords: by Lisa Chase; Construction; Real Estate; Energy; Utilities

15 Dec 2020
Research & Ideas

The Unspoken Messages of COVID-19 Restrictions

particularly among younger Americans, to reconnect and live their lives." “There’s an enormous appetite, particularly among younger Americans, to reconnect and live their lives," says Edward Glaeser, the Fred and Eleanor Glimp Professor View Details

Keywords: by Danielle Kost; Food & Beverage

04 Jun 2008
Working Paper Summaries

Accountability and Inequality in Single-Party Regimes: A Comparative Analysis of Vietnam and China

Keywords: by Regina Abrami, Edmund Malesky & Yu Zheng

16 Nov 2009
Research & Ideas

The Times Captures History of American Business

coincided with the creation of the modern corporation, the mass market, and America's economic preeminence. Given this vast sweep of time, Koehn's narrations—in a series View Details

Keywords: by Martha Lagace; Journalism & News

Article

Making Private Data Accessible in an Opaque Industry: The Experience of the Private Capital Research Institute

By: Josh Lerner and Leslie Jeng

Private markets are becoming an increasingly important way of financing rapidly growing and mature firms, and private investors are reputed to have far-reaching economic impacts. These important markets, however, are uniquely difficult to study. This paper explores... View Details

Keywords: Analytics and Data Science; Research; Entrepreneurship; Private Sector

03 Mar 2003
Research & Ideas

The Ingredients of a Deal Disaster

Experienced negotiators are generally comfortable working out the terms of an economic contract: They bargain for the best price, haggle over equity splits, and iron out detailed exit clauses. But these same... View Details

Keywords: by Ron S. Fortgang, David A. Lax & James K. Sebenius

December 2017 (Revised January 2024)
Case

Globalization Past, 1850–1914 (A)

By: Sophus A. Reinert and Federica Gabrieli

On the evening of 3 August 1914, British Foreign Secretary Lord Edward Grey contemplated whether to advise King and Parliament to declare war on Germany in the wake of the country’s invasion of Belgium or to stay out of what quickly was becoming a world war triggered... View Details

Keywords: The World; The Rise And Fall Of Globalization; World War; Globalization; War; Economics; Trade; Business Cycles; Economic Growth; Economic Slowdown and Stagnation; Society; History; Values and Beliefs; Macroeconomics

Educators

2014
Book

Can China Lead? Reaching the Limits of Power and Growth

By: Regina M. Abrami, William C. Kirby and F. Warren McFarlan

At the time of the American Revolution, China was the strongest, richest, and most powerful civilization in the world. The Great Qing Empire ruled China and dominated East Asia by a combination of power and cultural prestige. China's economy was the world's largest.... View Details

Keywords: Economic Systems; Leadership; Power and Influence; China