paper - Publications - Faculty & Research

09 Feb 2015
News

Good Business Needs Bad Lobbyists

29 Jul 2021
News

Governance Reform and Shared Value

22 Feb 2012
Working Paper Summaries

The Dynamic Effects of Bundling as a Product Strategy

Keywords: by Timothy Derdenger & Vineet Kumar; Video Game

Web

FAQs - Alumni

reduce paper waste. Gift guests a reusable tote and water bottle. More general information can be found in Harvard's Sustainable Event Guide and Healthful Food Standards . Where can I learn more about the School’s commitment to... View Details

18 Nov 2014
First Look

First Look: November 18

and Online Shopping By: Liaukonyte, Jura, Thales Teixeira, and Kenneth C. Wilbur Abstract—Media multitasking competes with television advertising for consumers' attention, but it also may facilitate immediate and measurable response to some advertisements. This View Details

Keywords: Sean Silverthorne

23 Oct 2008
Working Paper Summaries

Economic Impacts of Immigration: A Survey

Keywords: by Sari Pekkala Kerr & William R. Kerr

Web

Marketing - Faculty & Research

and of Interviewer and Actor. While LLMs excel in generating incremental improvements, their potential for groundbreaking innovation could be unlocked by leveraging their ability to prompt human creativity. This paper advances the... View Details

17 Oct 2016
Working Paper Summaries

Self-Employment Dynamics and the Returns to Entrepreneurship

Keywords: by Eleanor W. Dillon and Christopher T. Stanton

07 Oct 2016
Working Paper Summaries

Sovereign Debt Portfolios, Bond Risks, and the Credibility of Monetary Policy

Keywords: by Wenxin Du, Carolin E. Pflueger, and Jesse Schreger

13 Apr 2015
Working Paper Summaries

Implied Materiality and Material Disclosures of Credit Ratings

Keywords: by Robert G. Eccles & Tim Youmans; Financial Services; Accounting

Research Summary

Do Equity Covariances Reflect Financial Leverage?

No arbitrage option pricing theory and the efficient market hypothesis predict that firms with higher financial leverage should have higher equity betas, all else equal. This paper finds little support in the data for this prediction. Within industry, there is large... View Details

Research Summary

Portfolio Betas Do Not Make for Better Asset Pricing Tests

Many papers claim that because using portfolios instead of individual stocks as test assets minimizes idiosyncratic volatility, their use also yields more precise estimates of risk premia. I show that while portfolio formation does lead to more efficient beta... View Details

March 2008
Article

The Consequences of Information Revealed in Auctions

By: Brett E. Katzman and Matthew Rhodes-Kropf

This paper considers the ramifications of post-auction competition on bidding behavior under different bid announcement policies. In equilibrium, the auctioneer's announcement policy has two distinct effects. First, announcement entices players to signal information to... View Details

Keywords: Information; Auctions; Bids and Bidding

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August 2014
Article

Religion, Politician Identity and Development Outcomes: Evidence from India

By: Sonia Bhalotra, Irma Clots-Figueras, Guilhem Cassan and Lakshmi Iyer

This paper investigates whether the religious identity of state legislators in India influences development outcomes, both for citizens of their religious group and for the population as a whole. Using an instrumental variables approach derived from a regression... View Details

Keywords: Politician Identity; Infant Mortality; Primary Education; India; Muslim; Fairness; Religion; Government and Politics; India

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Article

Diverging Trends in Macro and Micro Volatility

By: Diego Comin and Sunil Mulani

This paper documents the diverging trends in volatility of the growth rate of sales at the aggregate and firm level. We establish that the upward trend in micro volatility is not simply driven by a compositional bias in the sample studied. We argue that this new fact... View Details

Keywords: Volatility; Mathematical Methods; Theory; Sales; Growth and Development

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