Publications

Publications

Filter Results: (751) Arrow Down
Filter Results: (751) Arrow Down Arrow Up

Show Results For

Show Results For

← Page 33 of 751 Results →
  • 23 Jan 2018
  • First Look

First Look at New Research and Ideas, January 23, 2018

volatility. Using our model we quantify how capital injections impact the risk of financial institutions and estimate firm-specific precautionary capital needs. In addition, the longstanding observation that volatility is more responsive to negative View Details
Keywords: Sean Silverthorne
  • 16 Jan 2018
  • First Look

First Look at New Research and Ideas, January 16, 2018

on average, more valuable—they are more clinically effective; have higher patent citations; lead to more revenue and to higher stock market value. Using variation in the expansion of Medicare prescription drug coverage, we show that firms respond to a plausibly... View Details
Keywords: Sean Silverthorne
  • 07 Jun 2016
  • First Look

June 7, 2016

avoidance (Slemrod, 2004; Crocker and Slemrod, 2005; Chen and Chu, 2005) by showing that increases in institutional ownership are associated with increases in tax avoidance. Using the Russell index reconstitution setting to isolate exogenous View Details
Keywords: Sean Silverthorne
  • 27 Oct 2009
  • First Look

First Look: October 27

investment flow adjustment costs in the developing economy. We calibrate the model to match the Mexico-U.S. trade and FDI flows. The model is able to explain (1) why U.S. shocks have a larger effect on Mexico than in the U.S. and hence... View Details
Keywords: Martha Lagace
  • 16 Nov 2017
  • News

The Business of Social Justice

refugee women about reproductive health. “I was shocked the first time I heard some kids call me La Blanche—“The White Lady”—because I am a lighter-skinned African American,” she laughs. Working in West Africa put the future into sharper... View Details
Keywords: Jennifer Myers
  • 01 Dec 2001
  • News

September 11: A Community Reflects

world logged on and posted messages. While all expressed shock and sorrow, many graduates, including Clive R. Foskett (58th PMD), reported on the solidarity outside the United States. "Everyone in my company has just observed three... View Details
Keywords: Susan Young;Deborah Blagg
  • 07 Feb 2017
  • First Look

First Look at New Research: February 7

western firms and universities, we test whether contextual knowledge is codified in the west by ethnic migrant inventors and spread by their ethnic networks. Our identification comes from an exogenous shock to the quota of H1B visas, and... View Details
Keywords: Sean Silverthorne
  • 21 Feb 2012
  • First Look

First Look: Feb. 21

company to an advanced materials company whose products and services can make its clients more sustainable. During the 1960s and 1970s the company received a series of external shocks in the form of negative public opinion for some of its... View Details
Keywords: Sean Silverthorne
  • 10 Jan 2012
  • First Look

First Look: January 10

is of a smaller magnitude than the actual increase in inequality, but it is nonetheless positive and substantial in size. Weighing against this, growth in inequality is met with greater support for government-led redistribution to the poor. These patterns suggest that... View Details
Keywords: Sean Silverthorne
  • 07 Jul 2009
  • First Look

First Look: July 7

advantage of an exogenous shock that occurred when the agency expanded the scope of its ratings. Our study is among the first to theorize about the impact of ratings on subsequent performance, and we introduce important contingencies that... View Details
Keywords: Martha Lagace
  • 18 Oct 2004
  • Research & Ideas

The Bias of Wall Street Analysts

away from objective valuations and recommendations; in place of these efforts, analysts may be mechanically issuing optimistic recommendations for all firms to curry favor with managers. The dynamics of this game between managers, analysts, and investors experienced a... View Details
Keywords: by Ann Cullen; Financial Services
  • 15 Oct 2020
  • Blog Post

Celebrating Latinx Heritage Month at HBS

had a wonderful childhood growing up in Puerto Rico. I saw my beloved grandparents every week and had very close bonds and support from my teachers, friends, and family. It was quite the shock at 12 years old to be pulled from that world... View Details
  • 26 Sep 2017
  • First Look

First Look at New Research and Ideas, September 26, 2017

impact of leverage on financial vulnerability for large firms during a crisis. Consistent with Gabaix (2011) the paper finds a granularity effect in that large firms are systemically important—idiosyncratic shocks to the sales growth of... View Details
Keywords: Sean Silverthorne
  • 01 Mar 2017
  • News

Alumni and Faculty Books for March 2017

age by adapting a current business model to the new marketplace. The book offers critical insights into responding to disruptive shock with three value propositions: repositioning today’s business to maximize resilience; creating a new... View Details
  • 15 Oct 2008
  • First Look

First Look: October 15, 2008

Werker Abstract Using rainfall, public relief, and election data from India, we examine how governments respond to adverse shocks and how voters react to these responses. The data show that voters punish the incumbent party for weather... View Details
Keywords: Martha Lagace
  • 26 Feb 2008
  • First Look

First Look: February 26, 2008

determine the types of contracts that firms order and whether workers exert effort. Some workers become criminals, depending on their luck in the labor market, the expected punishment, and an individual shock that we call... View Details
Keywords: Martha Lagace
  • 08 Sep 2016
  • News

How We Make It Work

and have kids, but Guillaume and I decided that we would rather take a reduced income from one of us not working full-time so that there’s a sort of shock absorber built into the system to handle sick days, teacher meetings, school... View Details
  • 09 Feb 2016
  • First Look

February 9, 2016

design ("what we do") and its identity ("who we are") is often seen as a key to strong performance. But maintaining a tight fit between design and identity is difficult when a profound external shock forces an... View Details
Keywords: Sean Silverthorne
  • 22 Jan 2013
  • First Look

First Look: Jan. 22

a premium to accommodate expectations shocks from extrapolative traders, but markets are not efficient. Download the paper: http://papers.nber.org/papers/w18686 These Are the Good Old Days: Foreign Entry and the Mexican Banking System... View Details
Keywords: Sean Silverthorne
  • 02 Feb 2010
  • First Look

First Look: Feb. 2

shocks to borrowers' collateral, which affect firms' ability to raise capital if agency and information problems are significant (Ben S. Bernanke and Mark Gertler, 1989). Or it can stem from shocks to bank... View Details
Keywords: Martha Lagace