Direct and Spillover Effects of Middle School Vaccination Requirements -- by...
We study the direct and spillover effects of state requirements that middle school youths obtain a tetanus, diphtheria, and pertussis (Tdap) booster prior to middle school entry. These mandates...
View ArticleThe Competitive Effects of Transmission Infrastructure in the Indian...
India, seeking to reduce electricity shortages, set up a new power market, in which transmission constraints sharply limit trade between regions. I use confidential bidding data to estimate the costs...
View ArticleThe Business of Business is Business: Why (Some) Firms Should Provide Public...
This note links the commodity bundling literature with the literature on the private provision of public goods. We discuss the potential profitability of bundling strategies for both private firms and...
View ArticlePrice-Linked Subsidies and Health Insurance Markups -- by Sonia P. Jaffe,...
Subsidies in many health insurance programs depend on prices set by competing insurers - as prices rise, so do subsidies. We study the economics of these "price-linked" subsidies compared to "fixed"...
View ArticleFamily Economics Writ Large -- by Jeremy Greenwood, Nezih Guner, Guillaume...
Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married...
View ArticleFirm Performance and the Volatility of Worker Earnings -- by Chinhui Juhn,...
Using linked employer-employee data for the U.S., we examine whether shocks to firm revenues are transmitted to the earnings of continuing employees. While full insurance is rejected, the elasticity of...
View ArticleFirm Heterogeneity in Consumption Baskets: Evidence from Home and Store...
A growing literature has emphasized the role of firm heterogeneity within sectors in accounting for nominal income inequality. This paper explores the implications for household price indices across...
View ArticleProvider Incentives and Healthcare Costs: Evidence from Long-Term Care...
We study the design of provider incentives in the post-acute care setting - a high-stakes but under-studied segment of the healthcare system. We focus on long-term care hospitals (LTCHs) and the large...
View ArticleFire in the Belly? Employee Motives and Innovative Performance in Startups...
We examine whether startups attract employees with different pecuniary and non-pecuniary motives than small or large established firms. We then explore whether such differences in employee motives lead...
View ArticleThe Distortionary Effects of Incentives in Government: Evidence from China's...
We study a 2004 program designed to motivate Chinese bureaucrats to reduce accidental deaths. Each province received a set of 'death ceilings' that, if exceeded, would impede government officials'...
View ArticleDo Energy Efficiency Investments Deliver at the Right Time? -- by Judson P....
Electricity cannot be cost-effectively stored even for short periods of time. Consequently, wholesale electricity prices vary widely across hours of the day with peak prices frequently exceeding...
View ArticleRacial/Ethnic Differences in Non-Work at Work -- by Daniel S. Hamermesh,...
Evidence from the American Time Use Survey 2003-12 suggests the existence of small but statistically significant racial/ethnic differences in time spent not working at the workplace. Minorities,...
View ArticleReconciling Models of Diffusion and Innovation: A Theory of the Productivity...
We study how innovation and technology diffusion interact to endogenously determine the productivity distribution and generate aggregate growth. We model firms that choose to innovate, adopt...
View ArticleHealth Insurance Expansions and Provider Behavior: Evidence from Substance...
We examine how substance use disorder (SUD) treatment providers respond to private health insurance expansions induced by state equal coverage ('parity') laws for SUD treatment. We use data on the near...
View ArticleA Model of Secular Stagnation: Theory and Quantitative Evaluation -- by Gauti...
This paper formalizes and quantifies the secular stagnation hypothesis, defined as a persistently low or negative natural rate of interest leading to a chronically binding zero lower bound (ZLB)....
View ArticleThe Impact of the Affordable Care Act Young Adult Provision on Childbearing,...
We use panel U.S. tax data spanning 2008-2013 to study the impact of the Affordable Care Act (ACA) young adult provision on two important demographic outcomes--childbearing and marriage. The impact on...
View ArticleHow do Quasi-Random Option Grants Affect CEO Risk-Taking? -- by Kelly Shue,...
We examine how an increase in stock option grants affects CEO risk-taking. The overall net effect of option grants is theoretically ambiguous for risk-averse CEOs. To overcome the endogeneity of option...
View ArticleHealthcare Spending and Utilization in Public and Private Medicare -- by...
We compare healthcare spending in public and private Medicare using newly available claims data from Medicare Advantage (MA) insurers. MA insurer revenues are 30 percent higher than their healthcare...
View ArticleStatisticians fear Trump White House will manipulate figures to fit narrative
Statisticians fear Trump White House will manipulate figures to fit narrative https://t.co/A682imQ3Rs â Catherine Rampell (@crampell) January 30, 2017
View ArticleClik here to view.
January 2017 Data Update 7: Profitability, Excess Returns and Governance
If asked to describe a successful business, most people will tell you that it is one that makes money and that is not an unreasonable starting point, but it is not a good ending point. For a business...
View Article
