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You Get a Book! Demand Spillovers, Combative Advertising, and Celebrity Endorsements

Garthwaite, Craig L. - National Bureau of Economic Research (NBER) - 2012

This paper studies the economic effects of endorsements. In the publishing sector, endorsements from the Oprah Winfrey Book Club are found to be a business stealing form of advertising that raises title level sales without increasing the market size. The endorsements decrease aggregate adult...

Persistent link: https://www.econbiz.de/10011188550

The Efficiency of Slacking Off: Evidence from the Emergency Department

David C. Chan, Jr. - National Bureau of Economic Research (NBER) - 2015

Work schedules play an important role in time-sensitive production utilizing workers interchangeably. Studying emergency department physicians in shift work, I find two types of strategic behavior induced by schedules. First, on an extensive margin, physicians "slack off" by accepting fewer...

Persistent link: https://www.econbiz.de/10011196777

Managing Innovation in a Crowd

Acemoglu, Daron; Mostagir, Mohamed; Ozdaglar, Asuman - National Bureau of Economic Research (NBER) - 2014

Crowdsourcing is an emerging technology where innovation and production are sourced out to the public through an open call. At the center of crowdsourcing is a resource allocation problem: there is an abundance of workers but a scarcity of high skills, and an easy task assigned to a high-skill...

Persistent link: https://www.econbiz.de/10010821886

CEO Turnover and Relative Performance Evaluation

Jenter, Dirk; Kanaan, Fadi - National Bureau of Economic Research (NBER) - 2006

This paper examines whether CEOs are fired after bad firm performance caused by factors beyond their control. Standard economic theory predicts that corporate boards filter out exogenous industry and market shocks to firm performance when deciding on CEO retention. Using a new hand-collected...

Persistent link: https://www.econbiz.de/10005580178

Does Border Enforcement Protect U.S. Workers from Illegal Immigration?

Hanson, Gordon; Robertson, Raymond; Spilimbergo, Antonio - National Bureau of Economic Research (NBER) - 1999

In this paper, we examine the impact of government enforcement of the U.S.-Mexican border on wages in the border …-frequency time-series data on wages and on the number of person hours that the U.S. Border Patrol spends policing border areas. For a … wages in U.S. border cities and a moderate negative impact of border enforcement on wages in Mexican border cities. These …

Persistent link: https://www.econbiz.de/10005774773

Starting Small in an Unfamiliar Environment

Watson, Joel; Rauch, James E. - National Bureau of Economic Research (NBER) - 1999

Motivated by a characteristic way in which firms in developed countries make their decisions regarding cooperation with potential partners from less developed countries, we design a simple model of a DC firm's search for an LDC partner/supplier and the subsequent relationship between the two...

Persistent link: https://www.econbiz.de/10005714211

Social Reinforcement: Cascades, Entrapment and Tipping

Heal, Geoffrey; Kunreuther, Howard - National Bureau of Economic Research (NBER) - 2007

There are many social situations in which the actions of different agents reinforce each other. These include network effects and the threshold models used by sociologists (Granovetter, Watts) as well as Leibenstein's "bandwagon effects." We model such situations as a game with increasing...

Persistent link: https://www.econbiz.de/10005718481

Do Hostile Takeovers Reduce Extramarginal Wage Payments?

Neumark, David; Gokhale, Jagadeesh; Groshen, Erica L. - National Bureau of Economic Research (NBER) - 1993

before and after takeovers. we investigate whether proxies for extramarginal wages drop after hostile takeovers. The ex post …

Persistent link: https://www.econbiz.de/10005720758

Private Equity, Jobs, and Productivity

Davis, Steven; Haltiwanger, John; Jarmin, Ron S.; … - National Bureau of Economic Research (NBER) - 2013

firms and reductions in earnings per worker. Productivity gains arise mainly from an accelerated exit of less productive …

Persistent link: https://www.econbiz.de/10011095622

Econometric Mediation Analyses: Identifying the Sources of Treatment Effects from Experimentally Estimated Production Technologies with Unmeasured and Mismeasured Inputs

Heckman, James J.; Pinto, Rodrigo - National Bureau of Economic Research (NBER) - 2013

This paper presents an econometric mediation analysis. It considers identification of production functions and the sources of output effects (treatment effects) from experimental interventions when some inputs are mismeasured and others are entirely omitted.

Persistent link: https://www.econbiz.de/10011095624