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  • 27 May 2014
  • First Look

First Look: May 27

times, when expected short-run returns are relatively low and 2) the model-implied forecaster of aggregate returns exhibits modest predictive ability. Collectively, we provide a simple, theoretically motivated and practically useful approach to View Details
Keywords: Sean Silverthorne
  • 02 Nov 2022
  • Blog Post

Climate Stories Episode #11: Mary Jo Veverka (HBS 1978): Fostering Actionable Climate Literacy

carbon footprint. MJ cited a 2020 study included in the National Library of Medicine, which estimated that individual yearly carbon emissions could be reduced by almost 19 gigatons if all secondary school students were taught about... View Details
  • 30 Mar 2010
  • First Look

First Look: March 30

the two tendencies can be explained as a product of a contingent recency effect: although the estimations reflect negative recency, choice behavior reflects positive recency. A similar pattern is observed in the field study: immediately... View Details
Keywords: Sean Silverthorne
  • 25 Sep 2017
  • Research & Ideas

Why Politics is Failing America, and What Business Can Do To Help

industrial complex that limits healthy competition in order to promote its continued growth and caters to the power and profit-driven demands of its best customers instead of the broader public interest. During the 2016 election cycle, the report View Details
Keywords: by Christina Pazzanese, Harvard Gazette
  • 01 Apr 2022
  • Blog Post

Climate Stories Episode #3: Keith Kinch, BlocPower

maintenance and repair with specific curriculum focused to get a workforce up and running within weeks. Urban Energy - this Brooklyn-based company installs solar panels with the goal of accelerating clean distributed energy adoption among... View Details
  • 21 Aug 2012
  • First Look

First Look: August 21

ability distributions as endogenous to current taxes. We model this endogeneity, calibrate the model to match estimates of the intergenerational transmission of earnings ability in the United States, and use the model to simulate optimal... View Details
Keywords: Sean Silverthorne
  • 14 May 2013
  • First Look

First Look: May 14

flexible random coefficients aggregate discrete choice model that accommodates heterogeneity in preferences for school quality and athletic success, and an extensive set of school fixed effects to control for unobserved quality in athletics and academics, I View Details
Keywords: Sean Silverthorne
  • 15 Sep 2009
  • First Look

First Look: September 15

  Working PapersThe CHAT Dataset Authors:Diego A. Comin and Bart Hobijn NBER Working Paper Series, No. 15319, September 2009 Abstract This note accompanies the Cross-country Historical Adoption of Technology (CHAT) dataset. CHAT is an unbalanced View Details
Keywords: Martha Lagace
  • 08 Jan 2008
  • First Look

First Look: January 8, 2008

of options in the future and their subsequent revealed preferences over those options. Using a novel panel data set, we analyze the film rental and return patterns of a sample of online DVD rental customers over a period of four months.... View Details
Keywords: Martha Lagace
  • 15 Feb 2011
  • First Look

First Look: Feb. 15

trends. Happiness Adaptation to Income and to Status in an Individual Panel Authors:Rafael Di Tella and Robert MacCulloch Publication:Journal of Economic Behavior and Organization (forthcoming) Abstract We study adaptation to income and... View Details
Keywords: Sean Silverthorne
  • 22 Mar 2011
  • First Look

First Look: March 22

sorting. We exploit the exogenous variation in the pricing systems experienced during the 1999-2008 decade by the 95 municipalities in the district of Treviso (Italy). We estimate with a panel analysis that... View Details
Keywords: Sean Silverthorne
  • 01 Mar 2023
  • News

Clearing the Air

estimated ability to remove 40 million metric tons of CO2 from the atmosphere each year. Meanwhile, human activity adds about 51 billion tons of carbon dioxide to the atmosphere every year. The UN’s climate change commission, the... View Details
Keywords: April White and Dan Morrell; Illustrations by Richard Borge
  • 20 Nov 2012
  • First Look

First Look: November 20

in concentration levels in the U.S. Advertising and Marketing Services industry using data from the U.S. Census Bureau's quinquennial Economic Census and the Service Annual Survey. These data, heretofore largely ignored, allow us to redress some of the measurement... View Details
Keywords: Sean Silverthorne
  • 26 Nov 2013
  • First Look

First Look: November 26

Journal: Economic Policy The Dynamics of Firm Lobbying By: Kerr, William R., William F. Lincoln, and Prachi Mishra Abstract—How is economic policy made? In this paper we study a key determinant of the answer to the question: lobbying by firms. View Details
Keywords: Sean Silverthorne
  • 15 Mar 2011
  • First Look

First Look: March 15

failed to address important measurement and valuation issues that have arisen in the past 40 years of practice. This gap is illustrated with missed opportunities in risk measurement and management and the estimation of the fair value of... View Details
Keywords: Sean Silverthorne
  • 26 Jun 2007
  • First Look

First Look: June 26, 2007

also apparent using only portfolio investment responses to within-country corporate tax rate changes in a panel from 1994 to 2005. Investors appear to alter their portfolio choices to circumvent home and host country institutional... View Details
Keywords: Martha Lagace
  • 13 Jul 2010
  • First Look

First Look: July 13

foreign market share therefore increased five-fold between 1997 and 2007. We construct and analyze a panel of Mexican bank financial data covering this period and find no evidence that foreign entry increases the availability of credit.... View Details
Keywords: Martha Lagace
  • 19 Jan 2016
  • First Look

January 19, 2016

investments. Using both calendar-time portfolio stock return regressions and firm-level panel regressions we find that firms with good ratings on material sustainability issues significantly outperform firms with poor ratings on these... View Details
Keywords: Sean Silverthorne
  • 18 Sep 2018
  • First Look

New Research and Ideas, September 18, 2018

growth, voting rules, and media consumption, vs. individual factors, such as race and education. We use individual-level panel data covering the vast majority of the U.S. voting-age population from 2008 to 2014 and track changes in... View Details
Keywords: Dina Gerdeman
  • 26 Oct 2010
  • First Look

First Look: October 26, 2010

(retained earnings) is cheaper than external equity (share issues). If there are no perfect substitutes for equity finance, payout taxes may have an effect on the investment of firms. High taxes will favor investment by firms that can finance internally. Using an... View Details
Keywords: Sean Silverthorne