IQ from IP: Simplifying Search in Portfolio Choice
This paper finds that mutual fund managers solve their complex “search problem” for superior investable returns by tracking—and trading—on very particular sets of firms and insiders. These sets are...
View ArticleWelcome to Retirement. Who Am I Now?
Transitioning from work to retirement can be bumpy, as we wrestle with questions of identity and rebuilding relationships. Teresa Amabile presents preliminary findings on the journey to after-work life.
View ArticleThe Impact of Penalties for Wrong Answers on the Gender Gap in Test Scores
Multiple-choice questions on standardized tests are widely seen as objective measures of student ability, but the common practice of assessing penalties for wrong answers may generate gender bias....
View ArticleNew Research and Ideas, September 18, 2018
Which voters actually make it to the polls? ... Turning an Olympic ‘white elephant’ into a cash cow ... How race compelled immigrants to assimilate.
View ArticleAfter the Carnival: Key Factors to Enhance Olympic Legacy and Prevent Olympic...
After the Games end, Olympic venues must be used effectively and earn enough revenue to cover large ongoing costs or their owners—local governments and taxpayers—will face deficits. Fieldwork-based...
View ArticleSay Again? Uncommon Advice for Common Business Problems
Sometimes the right answer is far from obvious. Learn why an introvert may be the best choice to lead your team, taking a pay cut might make you a better manager, and why you should not trust your gut...
View ArticleFrom Immigrants to Americans: Race and Assimilation During the Great Migration
The Great Migration of African Americans and the mass migration of Europeans both contributed to forming the modern American racial and ethnic landscape. This analysis finds that native whites more...
View ArticleHow Cost Accounting is Improving Healthcare in Rural Haiti
The cost of healthcare in rural Haiti was found to vary widely, even inside the same health organization. A pioneering cost accounting system co-developed by Robert Kaplan was called in to determine...
View ArticleNew Research and Ideas, September 25, 2018
Hefty taxes hamper innovation ... Tech companies snap up economists ... The pros and cons of distressed investing.
View ArticleShifting Centers of Gravity: Host Country versus Headquarters Influences on...
This study by Prithwiraj Choudhury, Mike Horia Teodorescu, and Tarun Khanna compares how multinational corporation subsidiaries inherit knowledge from both the headquarters and the local context. To do...
View ArticleReligion in the Workplace: What Managers Need to Know
Two recent US Supreme Court cases demonstrate that religion in the workplace issues are growing increasingly contentious. How can managers be prepared? It starts with the right attitude, says Derek van...
View ArticleLarge-Scale Demand Estimation with Search Data
Online retailers face the challenge of leveraging the rich data they collect on their websites to uncover insights about consumer behavior. This study proposes a practical and tractable model of...
View ArticleRatcheting, Competition, and the Diffusion of Technological Change: The Case...
This analysis of the Japanese TV market by Tomomichi Amano and Hiroshi Ohashi suggests that firms may delay the introduction of more high quality products when there are across-the-board policy standards.
View ArticleUK Competitiveness after Brexit
This paper discusses the UK’s economic performance and policy approach in the run-up to the June 2016 Brexit referendum, analyzes the impact of European Union membership and loss of membership on UK...
View ArticleRankings Matter Even When They Shouldn't: Bandwagon Effects in Two-Round...
Results of the French parliamentary and local elections since 1958 show that candidates ranked higher in the first round are more likely to stay in the race for the second round and win it.
View ArticleNegative Shocks and Innovation: Evidence from Medical Device Recalls
This study examines Food and Drug Administration data on all medical device approvals and recalls over the years 2003-2015, finding that firms slow down their own innovation processes in response to...
View ArticleIs the US Losing its Ability to Attract Highly-Skilled Migrant Workers?
As debates around the world sharpen on the benefits and drawbacks of migrant labor, William R. Kerr's new book explores why global talent flows matter to national ecoonomic development and security....
View ArticleNew Research and Ideas, October 2, 2018
Consumers buy more products to get free shipping ... Boards say innovation isn’t a top priority ... Sentiments about the EU appear brighter.
View ArticleHow Should Managers Deal with the Challenges of Building an Inclusive Workplace?
Few doubt the benefits of inclusion and diversity in the workplace, but some aspects of driving these changes forward make managers, particularly male managers, unsure of their footing. How do you deal...
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