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  • 28 Sep 2010
  • First Look

First Look: September 28, 2010

economic growth and the intensive and extensive margins of technology adoption. The "extensive" margin refers to the timing of a country's adoption of a new technology; the "intensive" margin refers to how many units are adopted (for a given size... View Details
Keywords: Sean Silverthorne
  • 17 May 2011
  • First Look

First Look: May 17

and Matthew C. Weinzierl Abstract This paper examines the optimal response of monetary and fiscal policy to a decline in aggregate demand. The theoretical framework is a two-period general equilibrium model in which prices are sticky in... View Details
Keywords: Sean Silverthorne
  • 05 Dec 2017
  • First Look

First Look at New Research and Ideas, December 5, 2017

time trends and patterns across technology classes and regions. We then introduce measures of patent and citation biases. When aggregated at the firm level, these survive popular methods of adjustment and are correlated with firm-level... View Details
Keywords: Sean Silverthorne
  • 28 May 2019
  • News

A More Perfect Union

aggregating a bunch of “elites” to fix these problems. But I think we all have an obligation to be smart and well-informed and to do our part. This kind of work is laborious and takes patience, but there’s also great potential—and it’s a... View Details
Keywords: Jen McFarland Flint; illustration by Dan Bejar
  • 01 Sep 2008
  • News

Building a Better MBA

wrote case studies on MBA programs at Chicago, INSEAD, Stanford, Yale, and HBS, plus a case on the Center for Creative Leadership (all are available from Harvard Business Publishing); collected data on aggregate trends in MBA enrollments... View Details
Keywords: Roger Thompson; Colleges, Universities, and Professional Schools; Educational Services
  • 07 Aug 2019
  • Research & Ideas

Big Infrastructure May Not Always Produce Big Benefits

who used to work at the Reserve Bank of India, helped aggregate that information up to the level of district, time, and industry. We put together all loans that were made to private nonfinancial corporations. We do not include the public... View Details
Keywords: by Martha Lagace; Construction
  • 30 Aug 2016
  • First Look

August 30, 2016

economy or aggregation of citizens’ preferences, government preferences are present biased, resulting in an over accumulation of debt. Calibrating this parameter with values in the literature, the model can reproduce debt levels and... View Details
Keywords: Carmen Nobel
  • 17 Sep 2001
  • Research & Ideas

Why E-commerce Didn’t Die With the Fall of Webvan

the basic need that manufacturers have to reach their customers directly. But it's not very sophisticated. The one advantage that Catalina has is that it is national. It can reach the entire United States, every single skin cream user, whereas frequent shopper programs... View Details
Keywords: by Martha Lagace; Consumer Products; Retail
  • 11 Mar 2008
  • First Look

First Look: March 11, 2008

deal-making technology. Contrary to the claims of prior commentators, I find that (1) go-shops yield more search in aggregate (pre- and post-signing) than the traditional no-shop route; (2) pure go-shop deals, in which there is no... View Details
Keywords: Martha Lagace
  • 10 Jun 2022
  • Blog Post

New Venture Competition 2022: Business and Environment Ventures

The ResourceAyanda Heita, MBA 2023The Resource aggregates and curates the best secondhand fashion online. Our vision is to eliminate fashion waste. Clean Energy, Buildings, & Transportation Contestants AGAPEGraeme Johnson, MBA 1995... View Details
  • 15 Dec 2015
  • News

The Year in Ideas 2015

to something big. After a second field study, Solomon and Hillerstrom launched NeuroPhage. In tests on mice, the drug they developed improved both memory and cognitive abilities. “We believe it can identify harmful aggregates in the... View Details
Keywords: Julia Hanna, Christine Lejeune, Dan Morrell, and April White
  • 26 Jan 2016
  • First Look

January 26, 2016

highly consistent with that of the pre-fee aggregate private equity index. The passive replicating strategy represents an economically large improvement in risk- and liquidity-adjusted returns over direct allocations to private equity... View Details
Keywords: Sean Silverthorne
  • 08 Oct 2013
  • First Look

First Look: October 8

returns across time horizons exhibit strong return predictability up to three years ahead and produce an aggregate equity term structure that tracks economic conditions. The implied term structure is upward sloping during normal or... View Details
Keywords: Sean Silverthorne
  • 28 Jan 2014
  • First Look

First Look: January 28

aggregate the "information" and "communication" components together. We show theoretically and empirically that this is problematic. Information and communication technologies have very different effects on the... View Details
Keywords: Sean Silverthorne
  • 21 Dec 2010
  • First Look

First Look: December 21

When producing a unit of output, the content of the knowledge gained can vary dramatically from one unit to the next. This suggests that while aggregate experience in learning-by-doing is generally valuable, not all prior experience has... View Details
  • 06 Mar 2018
  • First Look

First Look at Research and Ideas, March 6, 2018

experiences and firm performance. We decompose the variance of 58,294 face-to-face transactions, quantifying the relative importance of customer, employee, process, location, and market-level effects on customer satisfaction. In our models, which explain roughly a... View Details
Keywords: Sean Silverthorne
  • 05 Apr 2011
  • First Look

First Look: April 5

phases of a new industry, formed a strategic goal. Our data show goal formation as a phased social process. By aggregating previously encountered solutions to known problems, the founding team formed an emergent goal that presented an... View Details
Keywords: Sean Silverthorne
  • 17 Dec 2024
  • News

Solving the Underemployment Crisis

there’s a role that employers can play by adding just a little bit more information, for example, to their quarterly wage reporting, like adding a title or occupation for all the folks who they are already reporting wages for, that would help the state to View Details
  • 14 Feb 2012
  • First Look

First Look: February 14

interactions. By aggregating previously identified problems in several existing industries, the founders articulated an innovative idea for a new venture in a nascent industry. The seeds of the new venture existed in the company's... View Details
Keywords: Carmen Nobel
  • 24 Mar 2009
  • First Look

First Look: March 24, 2009

Exploiting micro-level household consumption data, we show that long-run stockholder consumption risk better captures cross-sectional variation in average asset returns than aggregate or non-stockholder consumption risk and provides more... View Details
Keywords: Martha Lagace