The Impacts of Neighborhoods on Intergenerational Mobility: Childhood Exposure E↵ects and County-Level Estimates. Raj Chetty,…
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 ,…
Behavioral Economics and Public Policy: A Pragmatic Perspective. Raj Chetty, May 2015, Paper. "The debate about behavioral economics--…
Globalization and Growth. Elhanan Helpman, May 2015, Paper. "How does globalization affect economic growth? We discuss mechanisms that link…
Workers Ownership and Profit-Sharing in a New Capitalist Model? Richard Freeman, 2015, Book. "Since the 1990s, Sweden has suffered…
A Half Century of Trans-Pacific Competition: Price level indices and productivity gaps for Japanese and U.S. industries, 1955-…
The Changing Role of the State in Liberal Market Economies. Peter A. Hall, 2015, Book Chapter. "This chapter reviews the principal…
Demand Side Secular Stagnation. Lawrence Summers, May 2015, Paper. "The experience of first Japan and now Europe and the USA suggests…