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- 17 Mar 2009
- First Look
First Look: March 17, 2009
Returns Authors:Robin Greenwood and Samuel Hanson Abstract When investors overvalue a particular firm characteristic, corporations endowed with that characteristic can absorb some of the demand by issuing equity. We use time-series variation in differences between the... View Details
Keywords: Martha Lagace
- 20 Sep 2012
- Research & Ideas
US Competitiveness at Risk
by the enormous improvements going on in other countries. It used to be that the wages of US workers rose in line with domestic productivity, but the two became decoupled. Some attribute that to declining unionization. That may be part of... View Details
Keywords: Re: Michael E. Porter & Jan W. Rivkin
- 07 Oct 2008
- First Look
First Look: October 7, 2008
cream), controlling for customer fixed effects. These findings are all consistent with theories suggesting that people's should selves exert more influence over their choices the further in the future outcomes will be experienced.... View Details
Keywords: Martha Lagace
- 18 Sep 2007
- First Look
First Look: September 18, 2007
Synthesis Author:Carliss Y. Baldwin Abstract This paper constructs a unified theory of the location of transactions and the boundaries of firms. It proposes that systems of production can be viewed as networks of tasks. Transactions,... View Details
Keywords: Martha Lagace
- 26 Feb 2008
- First Look
First Look: February 26, 2008
year dummies. These effects separate across groups in a pattern that appears broadly plausible (e.g., the rich suffer environmental degradation more than the poor). Based on actual changes from 1975 to 1997, small contributions to happiness can be View Details
Keywords: Martha Lagace
- 07 Apr 2009
- First Look
First Look: April 7, 2009
knowledgeable individuals can be attributed to ignorance. The less knowledgeable also report that their debt loads are excessive or that they are unable to judge their debt position. Download the working paper from SSRN ($5):... View Details
Keywords: Martha Lagace
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