Experimentation at Scale -- by Karthik Muralidharan, Paul Niehaus
This paper makes the case for greater use of randomized experiments "at scale." We review various critiques of experimental program evaluation in developing countries, and discuss how experimenting at...
View ArticleA Dose of Managed Care: Controlling Drug Spending in Medicaid -- by David...
Effectively designed market mechanisms may reduce growth in health care spending. In this paper, we study the impact of privatizing the delivery of Medicaid drug benefits on drug spending. Exploiting...
View ArticleStorm Crowds: Evidence from Zooniverse on Crowd Contribution Design -- by...
Crowdsourcing - a collaborative form of content production based on the contributions of large groups of individuals - has proliferated in the past decade. Due to this growth, recent research has...
View ArticleWillingness to Pay and Willingness to Accept are Probably Less Correlated...
An enormous literature documents that willingness to pay (WTP) is less than willingness to accept (WTA) a monetary amount for an object, a phenomenon called the endowment effect. Using data from an...
View ArticleGender Representation in Economics Across Topics and Time: Evidence from the...
We document the representation of female economists on the conference programs at the NBER Summer Institute from 2001-2016. Over the period from 2013-2016, women made up 20.6 percent of all authors on...
View ArticleUsing Spatial Factor Analysis to Measure Human Development -- by Qihua Qiu,...
We propose a Bayesian factor analysis model as an alternative to the Human Development Index (HDI). Our model provides methodology which can either augment or build additional indices. In addition to...
View ArticleSigning Statements and Presidentializing Legislative History -- by John M. de...
Presidents often attach statements to the bills they sign into law, purporting to celebrate, construe, or object to provisions in the statute. Though long a feature of U.S. lawmaking, the President has...
View ArticleVocational Education, Manufacturing, and Income Distribution: International...
Economic integration has brought about not only benefits and opportunities but also required adjustment, especially for the youth entering the labor force. The lower growth rates characterizing the...
View ArticleVertical Integration, Supplier Behavior, and Quality Upgrading among...
We study the relationship between exporters' organizational structure and output quality. If only input quantity is observable, theory predicts that vertical integration may be necessary to incentivize...
View ArticleWere Nineteenth-Century Industrial Workers Permanent Income Savers? -- by...
Theories of household saving posit that households add to or draw down wealth to equalize the discounted presented value of consumption over time. This paper examines the extent to which...
View ArticleThe Labor Market Effects of Offshoring by U.S. Multinational Firms: Evidence...
Estimating the causal effect of offshoring on domestic employment is difficult because of the inherent simultaneity of multinational firms' domestic and foreign affiliate employment decisions. In this...
View ArticleThe Perils of Voter Mobilization -- by Benjamin Marx, Vincent Pons, Tavneet Suri
Voter mobilization campaigns face trade-offs in young democracies. In a large-scale experiment implemented in 2013 with the Kenyan Electoral Commission (IEBC), text messages intended to mobilize voters...
View ArticleThe Ostrich in Us: Selective Attention to Financial Accounts, Income,...
A number of theoretical research papers in micro as well as macroeconomics model and analyze attention but direct empirical evidence remains scarce. This paper investigates the determinants of...
View ArticleDemocracy by mistake -- by Daniel Treisman
How does democracy emerge from authoritarian rule? Influential theories contend that incumbents deliberately choose to share or surrender power. They do so to prevent revolution, motivate citizens to...
View ArticleCFTC Issues Order Extending Current Swap Dealer Registration De Minimis...
The Commodity Futures Trading Commission (CFTC) today issued an Order that will keep the swap dealer de minimis threshold at $8 billion until December 2019.
View ArticleDo Classics Exist in Megaproject Management?. (arXiv:1710.09678v1 [q-fin.GN])
This paper asks, "Do classics exist in megaproject management?" We identify three types of classic texts: conventional, Kuhnian, and citation classics. We find that the answer to our question depends...
View ArticleTests for the weights of the global minimum variance portfolio in a...
In this paper we construct two tests for the weights of the global minimum variance portfolio (GMVP) in a high-dimensional setting, namely when the number of assets $p$ depends on the sample size $n$...
View ArticleA Mathematical Analysis of Technical Analysis. (arXiv:1710.09476v1 [q-fin.MF])
In this paper, we study trading strategies based on exponential moving averages (ExpMA), an important indicator in technical analysis. We seek optimal ExpMA strategies when the drift of the underlying...
View ArticleReference Class Forecasting for Hong Kong's Major Roadworks Projects....
Reference class forecasting is a method to remove optimism bias and strategic misrepresentation in infrastructure projects and programmes. In 2012 the Hong Kong government's Development Bureau...
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Leader to Leader (LTL), Volume 86, Fall 2017
This current issue of LTL focuses on high-potential leaders, employee engagement, and non-profit organizations and their board members. All the articles in this issue will spark ideas for your own...
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