This paper examines the effect of increased market concentration of the banking industry caused by the Riegle-Neal Interstate Banking and Branching Efficiency Act (IBBEA) on the availability of finance for small firms engaged in research and development (R&D). I measure the financing decisions...

The author argues that researchers should do replications using preanalysis plans. These plans should specify at least three characteristics: (1) how much flowtime the researchers will spend, (2) how much money and effort (working hours) the researchers will spend, and (3) the intended results...

What is the policy uncertainty surrounding expiring taxes? How uncertain are the approvals of routine extensions of temporary tax policies? To answer these questions, I use event studies to measure cumulative abnormal returns (CARs) for firms that claimed the U.S. research and development (R&D)...

I show that the probability that the Board of Governors of the Federal Reserve System staff's forecasts (the "Greenbooks'") overpredicted quarterly real gross domestic product (GDP) growth depends on both the forecast horizon and also whether the forecasted quarter was above or below trend real...

The author argues that researchers should do replications using preanalysis plans. These plans should specify at least three characteristics: (1) how much flowtime the researchers will spend, (2) how much money and effort (working hours) the researchers will spend, and (3) the intended results...