Filter Results
:
(137)
Show Results For
- All HBS Web (159)
- Faculty Publications (40)
Show Results For
- All HBS Web (159)
- Faculty Publications (40)
Sort by
- 24 Jun 2014
- First Look
First Look: June 24
this framework for the time path of U.S. policy require central parameters of the model, namely the elasticity of taxable income or the marginal social welfare weights on top earners, to take unconventional values. We use inferred social...
View Details
Keywords:
Sean Silverthorne
- 08 Jul 2008
- First Look
First Look: July 8, 2008
increasing the welfare of poor people in poor countries. Nongovernmental organizations are largely staffed by altruistic employees and volunteers working towards ideological, rather than financial, ends. Their founders are often intense,...
View Details
Keywords:
Martha Lagace
- 06 Mar 2018
- First Look
First Look at Research and Ideas, March 6, 2018
statements about their commitment to long-term success. To understand the disconnect, we examine how S&P500 companies are actually allocating capital and show that firms are in fact plowing substantial amounts of View Details
Keywords:
Sean Silverthorne
- 01 Oct 2013
- First Look
First Look: October 1
have capital requirements tied to the credit ratings of their investments. Conditional on ratings, insurance portfolios are systematically biased toward higher yield, higher CDS bonds. This behavior appears to be related to the business...
View Details
Keywords:
Sean Silverthorne
- 05 Sep 2012
- First Look
First Look: September 5
markets. We find that introducing a signaling mechanism increases the welfare of workers and the number of matches, while the change in firm welfare is ambiguous. A signaling mechanism adds the most value...
View Details
Keywords:
Sean Silverthorne
- 19 Jul 2006
- Research & Ideas
Political Turmoil and Mexico’s Economy
maintained his control in part by creating a banking system that functioned more as a kind of investment club, Maurer says. Local businessmen would agree to lend each other money to finance one another's companies, while also selling shares in a jointly managed bank to...
View Details
Keywords:
by Julia Hanna
- 16 Nov 2010
- First Look
First Look: November 16, 2010
We close with an attempt to identify strategies to close the gap between the unethical people we are and the ethical people that we strive to be. Truth in Giving: Experimental Evidence on the Welfare Effects of Informed Giving to the Poor...
View Details
Keywords:
Sean Silverthorne
- 14 Jan 2015
- Research & Ideas
Thriving in the Turbulence of Emerging Markets
evolved a strong sense of responsibility for the welfare of their societies as they continue to overcome past legacies of impoverishment. Three recently added interviews illuminate these themes of transformational change and societal...
View Details
- 21 Aug 2012
- First Look
First Look: August 21
low-income parents than existing U.S. tax policy. The optimal policy increases the probability that low-income children move up the economic ladder, generating a present-value welfare gain of 1.28% of consumption in our baseline case....
View Details
Keywords:
Sean Silverthorne
- 24 Jul 2007
- First Look
First Look: July 24, 2007
better ex ante allocation of capital to qualified projects that causes creative destruction; rather banking deregulations can also "democratize" entry by allowing many more startups to be founded. The vast majority of these new...
View Details
Keywords:
Martha Lagace
- 26 Sep 2017
- First Look
First Look at New Research and Ideas, September 26, 2017
Umit Gurun, and Scott Duke Kominers Abstract—The patent system is commonly justified as a way to promote social welfare and, more specifically, technological progress. For years, however, there has been concern that patent litigation is...
View Details
Keywords:
Sean Silverthorne
- 31 Jan 2012
- First Look
First Look: Jan. 31
with a decrease in debt-equity conflicts of interest. The changes are isolated to firms relatively closer to default. The ruling was also followed by an increase in average leverage and a reduction in covenant use. Finally, we estimate the View Details
Keywords:
Sean Silverthorne & Carmen Nobel
- 26 Feb 2019
- First Look
New Research and Ideas, February 26, 2019
compatibility can thus increase asymmetry between the platform owners’ profit foci and, given a sufficiently large difference in the standalone utilities, yields greater profits for both platform owners. We further show that social View Details
Keywords:
Dina Gerdeman
- 22 Feb 2011
- Research & Ideas
The Most Important Management Trends of the (Still Young) Twenty-First Century
economics research, business academics and managers will have the power to substantially improve both the practice of business and the welfare of society. My hope is that we will use that power responsibly. Carliss Y. Baldwin The two...
View Details
Keywords:
by Sean Silverthorne
- 02 Mar 2010
- First Look
First Look: March 2
Working PapersEquity-Debtholder Conflicts and Capital Structure Authors:Bo Becker and Per Strömberg Abstract We use an important legal event as a natural experiment to examine equity-debt conflicts in the vicinity of financial distress....
View Details
Keywords:
Martha Lagace
- 28 Jan 2014
- First Look
First Look: January 28
taking in the U.S. is inconclusive. The evidence for and social welfare implications of claimed effects such as fewer IPOs or loss of foreign listings are unclear. Financial reporting quality appears to have gone up after SOX, but...
View Details
Keywords:
Sean Silverthorne
- 09 Mar 2010
- First Look
First Look: March 9
interest costs. Finally, we can estimate the welfare implications of agency costs, because firm values increased when the rules were introduced. We conclude that equity-bondholder conflicts are economically important, determine View Details
Keywords:
Martha Lagace
- 22 Mar 2011
- First Look
First Look: March 22
and overly restricting access to credit and consumer choice. Nicolas Retsinas, Eric Belsky, and their colleagues aim to stimulate debate based on analysis of the opportunities and challenges presented by the various components of global View Details
Keywords:
Sean Silverthorne
- 04 Dec 2018
- First Look
New Research and Ideas, December 4, 2018
behavior through reputational or status incentives. Publisher's link: https://pubwww.hbs.edu/faculty/Pages/item.aspx?num=55333 forthcoming Review of Corporate Finance Studies Short-Termism and Capital Flows By: Fried, Jesse M., and Charles...
View Details
Keywords:
Dina Gerdeman
- 25 Jul 2017
- First Look
First Look at New Research and Ideas: July 25, 2017
three factors that predict neighborhood improvement. First, neighborhoods that are densely populated by college-educated adults are more likely to experience physical improvements—an observation that is compatible with the economic literature linking human View Details
Keywords:
Carmen Nobel