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Show Results For

  • All HBS Web  (705)
    • People  (1)
    • News  (92)
    • Research  (491)
    • Events  (2)
  • Faculty Publications  (221)
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  • 08 Nov 2011
  • First Look

First Look: Nov. 8

gain equal to between 0.6% and 1.5% of aggregate annual consumption, and it captures more than 60% of the gain from reform to the dynamic optimal policy. The gains are due to substantial increases in both efficiency and equity. When age... View Details
Keywords: Sean Silverthorne
  • 13 Sep 2011
  • First Look

First Look: September 13

56.9% for all other analyst recommendations. We also show that appointed analysts' optimism is stronger at precisely those times when firms' benefits are larger. Lastly, we find that appointing firms are more likely to have management on... View Details
Keywords: Sean Silverthorne
  • 29 May 2001
  • Research & Ideas

Good News, Not Blues, For the Inner City

work, foregoing a lengthy commute, and the turnover remains significantly lower than it was in Lenexa. We can't expect government to be on the front line. We have to step up and demonstrate the power of the market system.—Michael Porter Another reason for View Details
Keywords: by Martha Lagace
  • 16 Feb 2012
  • Op-Ed

Nitin Nohria: Why US Competitiveness Matters

that our friends abroad cheer for America with foreboding and pessimism, the way sports fans nervously pull for a team whose lead is slimming and whose energy is fading. These outsiders recognize that the system of democratic capitalism... View Details
Keywords: by Nitin Nohria
  • 19 Apr 2016
  • First Look

April 19, 2016

involvement of nonbank institutions and, in particular, the rise of mutual fund participation in the leveraged loan market after the financial crisis. Based on the wider syndication, (narrower) skills, and diverse incentives of nonbank institutional lenders, View Details
Keywords: Sean Silverthorne
  • 15 Nov 2004
  • Research & Ideas

Solving the Health Care Conundrum

forming a more fully dedicated team, developing facilities that allow for better optimization of specialized care, greater leverage in purchasing based on focus and volume, greater capacity for sub-specialization, and eventually, an... View Details
Keywords: by Michael E. Porter; Health
  • 23 Jul 2001
  • Research & Ideas

How One Center of Innovation Lost its Spark

environment not by doing nothing, but by accelerating past organizational routines based on established assumptions.— Donald N. Sull The benefits of this knowledge sharing, however, are likely to decline over time as the industry settles on a dominant design and... View Details
Keywords: by Donald Sull; Manufacturing; Transportation; Auto
  • 28 May 2013
  • First Look

First Look: May 28

light of these trends, we revisit the question of the optimal exchange-rate regime when developing countries can borrow internationally with local-currency-denominated debt. We find, as local-currency-bond markets develop, a... View Details
Keywords: Sean Silverthorne
  • 26 Jun 2007
  • First Look

First Look: June 26, 2007

shown to be associated with a 24% increase in US investors' equity FPI holdings. These results are robust to various controls, are not evident for debt capital flows, and are confirmed using an instrumental variables analysis. The use of... View Details
Keywords: Martha Lagace
  • 17 Jul 2017
  • Op-Ed

Op-Ed: As America Recedes from Global Leadership, Its CEOs are Stepping Up

G19 + 1. For business leaders, the early optimism following Trump’s election that corporate taxes would be reduced, America’s infrastructure would be improved, and an improved healthcare system would be created has faded away. Many... View Details
Keywords: by Bill George
  • 30 Jun 2015
  • First Look

First Look: June 30, 2015

a host of issues related to how contracts between financial intermediaries and their customers are structured and how risks are shared between them, as well as the consequences of (unexpected) deviations from the ex-ante optimal... View Details
Keywords: Carmen Nobel
  • 05 Jan 2010
  • First Look

First Look: January 5

concerns. Download the paper: http://www.hbs.edu/research/pdf/10-047.pdf   PublicationsOptimal Auction Design and Equilibrium Selection in Sponsored Search Auctions Authors:Benjamin Edelman and Michael Schwarz Publication:American Economic Review (forthcoming) Abstract... View Details
Keywords: Martha Lagace
  • 25 Sep 2012
  • First Look

First Look: September 25

held by the mutual fund clients of the analyst's brokerage firm. The optimism in analyst recommendations increases with the weight of the stock in a mutual fund client's portfolio and the commission revenue generated from the mutual fund... View Details
Keywords: Sean Silverthorne
  • 26 Sep 2006
  • First Look

First Look: September 26, 2006

received extraordinary support from its oversized Scientific Advisory Board; it had developed and secured a strong intellectual property portfolio that creates high barriers to entry for any new market entrants; and, it had $13 million of venture View Details
Keywords: Sean Silverthorne
  • 09 Jan 2006
  • Research & Ideas

Rebuilding Commercial Real Estate

time MBAs pile into a field, it's a good contrarian indicator. Gallows humor aside, market pros see parallels, but no repeat of the 1989 crash. That optimism rests on the knowledge that the industry today bears little resemblance to the... View Details
Keywords: by Roger Thompson; Construction; Real Estate
  • 19 Aug 2008
  • First Look

First Look: August 19, 2008

errors and past demand realizations to predict future demand (extrapolating). So-called optimal inventory policies are categorized here by perceptions of demand that align with reality. Naturally then, deviations from View Details
Keywords: Sean Silverthorne
  • 12 Mar 2019
  • First Look

New Research and Ideas, March 12, 2019

available. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=55802 forthcoming Journal of Medical Economics Time-Driven Activity-Based Cost Analysis for Outpatient Anticoagulation Therapy: Direct Costs in a Primary Care Setting with View Details
Keywords: Dina Gerdeman
  • 13 Apr 2010
  • First Look

First Look: April 13

behavior and preferences into service cost and productivity standard metrics. Optimal Value and Growth Tilts in Long-Horizon Portfolios Authors:W. Jakub Jurkek and Luis M. Viceira Publication:Review of Finance (forthcoming) Abstract We... View Details
Keywords: Martha Lagace
  • 26 Feb 2013
  • First Look

First Look: Feb. 26

that each $1 invested in display and search leads to a return of $1.24 for display and $1.75 for search ads, which contrasts sharply with the estimated returns based on standard metrics. We use these results to show how optimal budget... View Details
Keywords: Sean Silverthorne
  • 30 Jan 2007
  • First Look

First Look: January 30, 2007

of plant-level data provides evidence of capital deepening and a decline in total factor productivity following the introduction of wrongful-discharge protections. This last result is potentially quite important, suggesting that mandated... View Details
Keywords: Martha Lagace
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