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The Spatial Mismatch between Innovation and Joblessness

Glaeser, Edward L. - 2019

's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness …? Could Federal policies disperse innovation without significant costs? If research funding is already maximizing knowledge … production, then spatial reallocation of that funding will reduce America's overall innovation unless that reallocation comes …

Persistent link: https://www.econbiz.de/10012869066

Skill vs. Luck in Entrepreneurship and Venture Capital : Evidence from Serial Entrepreneurs

Gompers, Paul A. - 2014

This paper argues that a large component of success in entrepreneurship and venture capital can be attributed to skill. We show that entrepreneurs with a track record of success are more likely to succeed than first time entrepreneurs and those who have previously failed. Funding by more...

Persistent link: https://www.econbiz.de/10012752094

Measuring Gentrification : Using Yelp Data to Quantify Neighborhood Change

Glaeser, Edward L. - 2018

We demonstrate that data from digital platforms such as Yelp have the potential to improve our understanding of gentrification, both by providing data in close to real time (i.e. nowcasting and forecasting) and by providing additional context about how the local economy is changing. Combining...

Persistent link: https://www.econbiz.de/10012911707

Smart Institutions, Foolish Choices? The Limited Partner Performance Puzzle

Lerner, Josh - 2009

The returns that institutional investors realize from private equity investments differ dramatically across institutions. Using detailed and hitherto unexplored records of fund investors and performance, we document large heterogeneity in the performance of different classes of limited partners....

Persistent link: https://www.econbiz.de/10012767586

Corruption in America

Glaeser, Edward L.; Saks, Raven E. - 2021

We use a data set of federal corruption convictions in the U.S. to investigate the causes and consequences of corruption. More educated states, and to a less degree richer states, have less corruption. This relationship holds even when we use historical factors like education in 1928 or...

Persistent link: https://www.econbiz.de/10013218129

Cities, Regions and the Decline of Transport Costs

Glaeser, Edward L.; Kohlhase, Janet E. - 2021

The theoretical framework of urban and regional economics is built on transportation costs for manufactured goods. But over the twentieth century, the costs of moving these goods have declined by over 90% in real terms, and there is little reason to doubt that this decline will continue....

Persistent link: https://www.econbiz.de/10013220511

The Enforcement of Intellectual Property Rights : A Survey of the Empirical Literature

Lanjouw, Jean O.; Lerner, Josh - 2021

rights, and (iv) the impact of intellectual property" litigation on the innovation process itself …

Persistent link: https://www.econbiz.de/10013239934

Strategic Extremism : Why Republicans and Democrats Divide on Religious Values

Glaeser, Edward L.; Ponzetto, Giacomo A. M.; Shapiro, … - 2021

Party platforms differ sharply from one another, especially on issues with religious content, such as abortion or gay marriage. Religious extremism in the U.S. appears to be strategically targeted to win elections, since party platforms diverge significantly, while policy outcomes like abortion...

Persistent link: https://www.econbiz.de/10013248124

Private Equity, Jobs, and Productivity

Davis, Steven J. - 2015

Private equity critics claim that leveraged buyouts bring huge job losses and few gains in operating performance. To evaluate these claims, we construct and analyze a new dataset that covers U.S. buyouts from 1980 to 2005. We track 3,200 target firms and their 150,000 establishments before and...

Persistent link: https://www.econbiz.de/10013035041

What is Social Capital? the Determinants of Trust and Trustworthiness

Glaeser, Edward L.; Laibson, David; Scheinkman, José; … - 2021

Using a sample of Harvard undergraduates, we analyze trust and social capital in two experiments. Trusting behavior and trustworthiness rise with social connection; differences in race and nationality reduce the level of trustworthiness. Certain individuals appear to be persistently more...

Persistent link: https://www.econbiz.de/10013212348