Amanda E Kowalski
Amanda E Kowalski
A fundamental concern for researchers who analyze and design experiments is that the estimate obtained from the experiment might not be externally valid for other policies of interest. Researchers often attempt to assess external validity b...
Price effects of calling out market power: A study of the COVID-19 oil price shock [0.03%]
喊价对市场力量的价格效应：来自COVID-19石油价格冲击的证据
Aaron Barkley,David P Byrne,Xiaosong Wu
Aaron Barkley
Governments often make public announcements that call into question firms' misuse of market power. Yet little is known about how firms respond to them. We study gasoline retailers' price responses to antitrust announcements shaming them for...
Buyers' role in innovation procurement: Evidence from US military R&D contracts [0.03%]
采购创新中的买方角色：来自美国军方研发合同的证据
Francesco Decarolis,Gaétan de Rassenfosse,Leonardo M Giuffrida et al.
Francesco Decarolis et al.
This study provides the first quantification of buyers' role in the outcome of R&D procurement contracts. We combine together four data sources on US federal R&D contracts, follow-on patented inventions, federal public workforce characteris...
Competitive survival in a devastated industry: Evidence from hotels during COVID-19 [0.03%]
新冠疫情下酒店业的竞相生存与发展：以疫情期间美国酒店行业为例
Michael D Noel
Michael D Noel
In the face of COVID-19, the federal government scrambled to provide emergency funding to businesses, but did not always take into account the heterogeneous nature of firms, especially within industries. Using the lodging industry as the ap...
The impact of COVID-19 on small business owners: Evidence from the first three months after widespread social-distancing restrictions [0.03%]
COVID-19对小企业主的影响：社会距离限制广泛实施后的前三个月的证据
Robert Fairlie
Robert Fairlie
Social-distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides t...
Talia Bar
Talia Bar
This paper considers a multistage dynamic R&D race in which the competitors strategically publish research findings. Publications change the prior art, thus affecting patentability. Firms publish when they are behind in the race and their r...
Guy David,Evan Rawley,Daniel Polsky
Guy David
Using the universe of patient transitions from inpatient hospital care to skilled nursing facilities and home health care in 2005, we show how integration eliminates task misallocation problems between organizations. We find that vertical i...