A Theory of Macroprudential Policies in the Presence of Nominal Rigidities. Emmanuel Farhi, May 2015, Paper. "We propose a theory of…
The vast majority of social science research uses small (megabyte- or gigabyte-scale) datasets. These fixed- scale datasets are commonly…
The Impacts of Neighborhoods on Intergenerational Mobility: Childhood Exposure E↵ects and County-Level Estimates. Raj Chetty,…
Systematic Bias and Nontransparency in US Social Security Administration Forecasts. Gary King, Spring 2015, Paper. "We offer an evaluation…
State Capacity, Local Governance, and Economic Development in Vietnam. Melissa Dell, May 2015, Paper. "There has been a large…
From Commodity Booms to Economic Miracles: Why Southeast Asian Industry Lagged Behind. Jeffrey Williamson, May 2015, Paper. "Except…
Interest Deductions in a Multijurisdictional World. Mihir Desai, April 2015, Paper. "This paper proposes and evaluates alternative…
Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure, and the Low-Risk Anomaly. Malcolm Baker, May…
Lessons from Schumpeterian Growth Theory. Philippe Aghion, May 2015, Paper. "By operationalizing the notion of creative destruction,…
Why Do Firms Have "Purpose"? The Firm's Role as a Carrier of Identity and Reputation. Rebecca Henderson, Eric Van den Steen, May 2015 ,…