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Jeremy Stein
The Only Game in Town: Stock-Price Consequences of Local Bias. Jeremy Stein, November 2007, Paper. "Theory suggests that, in the presence of local bias, the price of a stock…
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Michael Porter, Forest Reinhardt
Grist: A Strategic Approach to Climate. Michael Porter, Forest Reinhardt, October 1, 2007, Paper. "Climate change is now a fact of political life and is playing a…
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Ricardo Hausmann
The Missing Dark Matter in the Wealth of Nations and its Implications for Global Imbalances. Ricarrdo Hausmann, August 24, 2007. "Current account statistics may not be good…
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Henry Lee
Policy Options for Reducing Oil Consumption and Greenhouse-Gas Emissions from the U.S. Transportation Sector. Henry Lee, Summer 2007. Paper. “The goal of this discussion paper is…
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Jeremy Stein
Simple Forecasts and Paradigm Shifts. Jeremy Stein, June 2007, Paper. "We study the asset pricing implications of learning in an environment in which the true model of…
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Ricardo Hausmann
The Valuation of Hidden Assets in Foreign Transactions: Why “Dark Matter” Matters. Ricardo Hausmann, May 27, 2007, Paper. "This paper clarifies how the valuation of hidden assets—…
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RELATIONSHIP-SPECIFICITY, INCOMPLETE CONTRACTS, AND THE PATTERN OF TRADE. Nathan Nunn, May 2007, Paper. "Is a country's ability to enforce contracts an important determinant of…
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William Hogan
Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion. William Hogan, April 14, 2007, Paper. "Electricity transmission pricing and…
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Jeremy Stein
Disagreement and the Stock Market. Jeremy Stein, Spring 2007, Paper. "A large catalog of variables with no apparent connection to risk has been shown to forecast stock…
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Credit Constraints as a Barrier to the Entry and Post Entry Growth of Firms. Philippe Aghion, March 2007, Paper. "Advanced market economies are characterized by a…