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Bankruptcy Law and The Cost of Credit: The Impact of Cramdown on Mortgage Interest Rates. Joshua Goodman, August 1, 2012, Paper. “The role of bankruptcy law in credit markets has…
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Richard Zeckhauser
Insider Trading and Stock Splits. Richard Zeckhauser, July 30, 2012, Paper. "Stock splits have long presented a puzzle in finance. Unresolved questions are why do firms…
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Gita Gopinath
Trade Prices and the Global Trade Collapse of 2008-09. Gita Gopinath,July 29, 2012, Paper. "We document the behavior of trade prices during the Great Trade Collapse of…
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Lawrence Katz, Ronald Kessler
Neighborhood Effects on the Long-Term Well-Being of Low-Income Adults. Lawrence Katz, Ronald Kessler, July 13, 2012, Paper. "Nearly 9 million Americans live in extreme-…
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Shawn Cole
Incentivizing Calculated Risk-Taking: Evidence from an Experiment with Commercial Bank Loan Officers. Shawn Cole, July 2012, Paper. "We conduct an experiment with…
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In economic systems, the mix of products that countries make or export has been shown to be a strong leading indicator of economic growth. Hence, methods to characterize and…
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Edward Glaeser
Urban Public Finance. Edward Glaeser, July 2012, Paper. "America's local governments spend about one-eighth of our national income, one-fourth of total government spending,…
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Michael Porter
Clusters, Convergence, and Economic Performance. Michael Porter, July 1, 2012, Paper. "This paper evaluates the role of regional cluster composition in the economic performance of…
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Michael Porter, Christian Ketels
The Determinants of National Competitiveness. Michael Porter, Christian Ketels, July 1, 2012, Paper. "We define foundational competitiveness as the expected level of output per…
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Dani Rodrik
After the Fall: The Future of Global Cooperation. Dani Rodrik, Report, July 2012. "International cooperation has been a recurrent theme in each of the thirteen Geneva…