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Now showing items 21-30 of 33
Are worker management committees improving factory conditions? : a study of participation committees in ILO's better work factories
(Massachusetts Institute of Technology, 2020)
The literature on global supply chains has extensively studied the enforcement of transnational regulatory mechanisms with regards to outcomes on working conditions in factories located in the global south. While the ...
The depth of the river : student matriculation decisions and the black-white college completion gap
(Massachusetts Institute of Technology, 2020)
In the United States, black college students are less likely to graduate than white students, which has lead many to argue that the "climate" at colleges and universities is not conducive to black students' success. However, ...
Invisible value : how peripheral functions display their worth using narrative action
(Massachusetts Institute of Technology, 2020)
Within organizations, "core" functions directly contribute to organizational production, whereas "peripheral" functions offer support by maintaining key infrastructure. Commonly viewed as indirect contributors or even ...
How network structure impacts socially reinforced diffusion?
(Massachusetts Institute of Technology, 2020)
Social scientists have long studied adoption choices that depend on the number of prior adopters. What is the effect of network structure on such adoption dynamics? The emerging consensus holds that when agents require a ...
Rising technologies, investment and discount rates
(Massachusetts Institute of Technology, 2020)
This paper examines the recent compositional shift in corporate capital and its impact on investment's sensitivity to funding costs. I show that the rising share of intangibles in U.S firms' assets significantly dampens ...
Cyclical dynamics in idiosyncratic consumption risk
(Massachusetts Institute of Technology, 2020)
This paper examines cyclical dynamics of idiosyncratic consumption risk using consumption data from the Nielsen Consumer Panel and the Panel Study of Dynamic Income. With GMM estimates and supplemental graphical analysis, ...
Learning who to target with what via adaptive experimentation to optimize long-term outcomes
(Massachusetts Institute of Technology, 2020)
This paper develops a framework for learning and implementing optimal targeting policies via a sequence of adaptive experiments to maximize long-term customer outcomes. Our framework builds on literature on doubly robust ...
FinTech mortgage lenders solving or exploiting a friction? evidence on risk layering and prepayment risk of conforming loans
(Massachusetts Institute of Technology, 2020)
Fintech mortgage lenders have become an increasingly important source of mortgage credit in the US. Using loan-level data on mortgages sold to Fannie Mae and Freddie Mac (GSEs), I find that compared to traditional lenders, ...
Do you have to adopt to adopt? : evidence on IFRS spillovers in conglomerates
(Massachusetts Institute of Technology, 2020)
I study the impact of a parent firm's IFRS adoption on the accounting properties of their private non-IFRS-adopting European subsidiaries. In contrast to public European firms, private European firms are typically not ...
Startup valuation and the venture capital syndication hypothesis
(Massachusetts Institute of Technology, 2020)
We formally replicate and extend Gompers and Lerner's (2000) findings that positively link venture capital fund flows to startup valuation. We confirm most of the original findings. However, we find a divergence in venture ...