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Bloom, Nicholas - Stanford Institute for Economic Policy Research … - 2007

Uncertainty varies strongly over time, rising by 50% to 100% in recessions and by up to 200% after major economic and political shocks. This paper shows that higher uncertainty reduces the responsiveness of R&D to changes in business conditions - a "caution-effect" - making it more persistent...

Persistent link: https://www.econbiz.de/10010616079

Competition and Innovation : An Inverted U Relationship

Aghion, Philippe - 2014

This paper investigates the relationship between product market competition and innovation. It uses the radical policy … competition and patenting. It then develops an endogenousm growth model with step-by-step innovation that can deliver this … inverted-U pattern.In this model, competition has an ambiguous effect on innovation. On the one hand, it discourages laggard …

Persistent link: https://www.econbiz.de/10012708618

Working from home around the world

Aksoy, Cevat Giray; Barrero, Jose Maria; Bloom, Nicholas; … - 2022

innovation. …

Persistent link: https://www.econbiz.de/10013367708

The evolution of work from home

Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J. - 2023

discuss some implications of the big shift for pay, productivity, and the pace of innovation. Over the next five years, U …

Persistent link: https://www.econbiz.de/10014339132

Remote work across jobs, companies, and space

Hansen, Stephen; Lambert, Peter; Bloom, Nicholas; … - 2023

The pandemic catalyzed an enduring shift to remote work. To measure and characterize this shift, we examine more than 250 million job vacancy postings across five English-speaking countries. Our measurements rely on a state-of-the-art languageprocessing framework that we fit, test, and refine...

Persistent link: https://www.econbiz.de/10014229411

Modern Management: Good for the Environment of Just Hot Air?

Bloom, Nicholas; Genakos, Christos; Martin, Ralf; … - Stanford Institute for Economic Policy Research … - 2008

We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly...

Persistent link: https://www.econbiz.de/10009141814

Fluctuations in Uncertainty

Bloom, Nicholas - Stanford Institute for Economic Policy Research … - 2014

some evidence it may stimulate longer-run innovation. Finally, in terms of the Great Recession, the large jump in …

Persistent link: https://www.econbiz.de/10010878084

Management as a technology?

Bloom, Nicholas; Sadun, Raffaella; Van Reenen, John - 2016

Are some management practices akin to a technology that can explain company and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We find large cross-country differences in the...

Persistent link: https://www.econbiz.de/10011486495

Turbulence, firm decentralization and growth in bad times

Aghion, Philippe; Bloom, Nicholas; Lucking, Brian; … - 2017

What is the optimal form of firm organization during "bad times"? Using two large micro datasets on firm decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central Headquarters to local plant managers prior to the Great...

Persistent link: https://www.econbiz.de/10011641565

What drives differences in management?

Bloom, Nicholas; Brynjolfsson, Erik; Foster, Lucia; … - 2017

Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts for...

Persistent link: https://www.econbiz.de/10011641779