Now showing items 636-655 of 853

    • Racial Discrimination in the Sharing Economy: Evidence from a Field Experiment 

      Edelman, Benjamin Gordon; Luca, Michael; Svirsky, Daniel Alejandro (American Economic Association, 2017)
      In an experiment on Airbnb, we find that applications from guests with distinctively African-American names are 16% less likely to be accepted relative to identical guests with distinctively White names. Discrimination ...
    • Racial Heterogeneity and Local Government Finances: Evidence from the Great Migration 

      Tabellini, Marco Emanuele (2018-08-01)
      Is racial heterogeneity responsible for the distressed financial conditions of US central cities and for their limited ability to provide even basic public goods? If so, why? I study these questions in the context of the ...
    • Rainmakers: Why Bad Weather Means Good Productivity 

      Lee, Jooa Julia; Gino, Francesca; Staats, Bradley R. (2012-07-25)
      People believe that weather conditions influence their everyday work life, but to date, little is known about how weather affects individual productivity. Most people believe that bad weather conditions reduce productivity. ...
    • Rainy Day Stocks 

      Gormsen, Niels; Greenwood, Robin Marc (2017-01-18)
      We study the good- and bad-times performance of equity portfolios formed on characteristics. Many characteristics associated with good performance during bad times – value, profitability, small size, safety, and total ...
    • A Randomized Field Study of a Leadership WalkRoundsTM-Based Intervention 

      Tucker, Anita Lynn; Singer, Sara Jean (2012-07-18)
      Background: Leadership WalkRoundsTM have been widely adopted as a technique for improving patient safety and safety climate. WalkRoundsTM involve senior managers directly observing frontline work and soliciting employees’ ...
    • Randomized Tax Enforcement Messages: A Policy Tool for Improving Audit Strategies 

      Pomeranz, Dina Deborah; Marshall, Cristobal; Castellon, Pamela (Inter-American Center of Tax Administrations, 2014)
      Reducing tax evasion is a key challenge for governments around the world, particularly in developing countries. This paper presents a methodology to generate information to optimize audit strategies. Randomly selected ...
    • Rate-Amplifying Demand and the Excess Sensitivity of Long-Term Rates 

      Hanson, Samuel; Lucca, David O; Wright, Jonathan H (Oxford University Press (OUP), 2021-04-09)
      Long-term nominal interest rates are surprisingly sensitive to high-frequency (daily or monthly) movements in short-term rates. Since 2000, this high-frequency sensitivity has grown even stronger in U.S. data. By contrast, ...
    • Reaching for Yield in the Bond Market 

      Becker, Bo; Ivashina, Victoria (Wiley-Blackwell, 2013-11-25)
      Reaching for yield—the propensity to buy riskier assets in order to achieve higher yields—is believed to be an important factor contributing to the credit cycle. This paper analyses this phenomenon in the corporate bond ...
    • The Real Effects of Capital Controls: Financial Constraints, Exporters, and Firm Investment 

      Alfaro, Laura; Chari, Anusha; Kanczuk, Fabio (2014-11-06)
      In aftermath of the global financial crisis of 2008–2009, emerging-market governments have increasingly restricted foreign capital inflows. The data show a statistically significant drop in cumulative abnormal returns for ...
    • The Real Effects of Relational Contracts 

      Blader, Steven; Gartenberg, Claudine; Henderson, Rebecca; Prat, Andrea (American Economic Association, 2015-05)
    • The Real Exchange Rate, Innovation and Productivity 

      Alfaro, Laura; Cuñat, Alejandro; Fadinger, Harald; Liu, Yan-Ping (Oxford Academic, 2023-04)
      We build a dynamic heterogeneous-firm model in which real depreciations raise export demand and the cost of importing intermediates, and also affect borrowing constraints and the profitability of engaging in research and ...
    • Recovering Investor Expectations from Demand for Index Funds 

      Egan, Mark; MacKay, Alexander; Yang, Hanbin; mackay (Oxford University Press (OUP), 2021-12-07)
      We use a revealed-preference approach to estimate investor expectations of stock market returns. Using data on demand for index funds that follow the S&P 500, we develop and estimate a model of investor choice to flexibly ...
    • Reducing Bounded Ethicality: How to Help Individuals Notice and Avoid Unethical Behavior 

      Zhang, Ting; Fletcher, Pinar O.; Gino, Francesca; Bazerman, Max H. (Elsevier, 2015)
      Research on ethics has focused on the factors that help individuals act ethically when they are tempted to cheat. However, we know little about how best to help individuals notice unethical behaviors in others and in ...
    • Reexamining staggered boards and shareholder value 

      Cohen, Alma; Wang, Changyi Chang-Yi (Elsevier BV, 2017)
      Cohen and Wang (2013) (CW2013) provide evidence consistent with market participants perceiving staggered boards to be value reducing. Amihud and Stoyanov (2016) (AS2016) contests these findings, reporting some specifications ...
    • The Reference Wars: Encyclopædia Britannica's Decline and Encarta's Emergence 

      Greenstein, Shane (Wiley, 2017-05)
      The experience of Encyclopædia Britannica provides the canonical example of the decline of an established firm at the outset of the digital age. Competition from Microsoft’s Encarta in 1993 led to sharp declines in the ...
    • Reflections on the 2013 Decade Award—“Exploitation, Exploration, and Process Management: The Productivity Dilemma Revisited” Ten Years Later 

      Benner, Mary J.; Tushman, Michael (Academy of Management, 2015-10)
      This article reflects on our 2003 article, "Exploitation, Exploration, and Process Management: The Productivity Dilemma Revisited," which received the Academy of Management Review's Best Article Award in 2003 and Decade ...
    • Regulation and Bonding: The Sarbanes-Oxley Act and the Flow of International Listings 

      Srinivasan, Suraj; Piotroski, Joseph (2008)
      In this paper, we examine the economic impact of the Sarbanes-Oxley Act (SOX) by analyzing foreign listing behavior onto U.S. and U.K. stock exchanges before and after the enactment of the Act in 2002. Using a sample of ...
    • Regulator Leniency and Mispricing in Beneficent Nonprofits 

      Heese, Jonas; Krishnan, Ranjani; Moers, Frank (2015-01-09)
      We posit that nonprofits that provide a greater supply of unprofitable services (beneficent nonprofits) face lenient regulatory enforcement for mispricing in price-regulated markets. Consequently, beneficent nonprofits ...
    • Regulatory Considerations to Keep Pace with Innovation in Digital Health Products 

      Torous, John; Stern, Ariel; Bourgeois, Florence T. (Springer Science and Business Media LLC, 2022-08-19)
      Rapid innovation and proliferation of software as a medical device have accelerated the clinical use of digital technologies across a wide array of medical conditions. Current regulatory pathways were developed for traditional ...
    • Regulatory Incentives for Innovation: The FDA's Breakthrough Therapy Designation 

      Chandra, Amitabh; Kao, Jennifer; Miller, Kathleen L.; Stern, Ariel (Harvard Kennedy School, 2022-12)
      Regulators of new products confront a tradeoff between speeding a new product to market and collecting additional product quality information. The FDA’s Breakthrough Therapy Designation (BTD) provides an opportunity to ...