Information Spreads (with Antonio Falato and Jasmine Xiao)
Joseph Kaboski, University of Notre Dame
We propose a financially-driven business cycle propagation mechanism in which firm credit spreads arise from default concerns under...
Innovation and the Great Divergence
Stephen Broadberry, University of Oxford
The Great Divergence of GDP per capita between the leading regions of Europe and China occurred around 1700 as a period of positive growth...
Learning the Major: The Role of Early Specialization in Educational and Labor Market Outcomes
Xiaomeng Li, University of Michigan
This paper examines how the timing of college field specialization affects students’ educational and labor market outcomes. To study this...
Equilibrium Effects of Quality Regulation of For-Profit Higher Education
Nelson Oviedo, University of Michigan
This paper studies the equilibrium effects of the Gainful Employment Rule (GER), the largest quality regulation policy in the U.S. higher...
The Geography of Innovative Firms(joint work with Craig A. Chikis and Benny Kleinman)
Marta Prato, Bocconi University
Most U.S. innovation output originates from firms that operate R&D facilities across multiple local markets. We study how this...
The Economy, The Ghost in your Gene, and the Escape from Premature Mortality
Dora Costa, University of California, Los Angeles
Explanations for the West's escape from premature mortality have focused on chronic malnutrition or income and on public health or...
Settlers’ Republic: Land, Infrastructure, and the Emergence of New Technologies of Government in the United States, 1789-1862
Mary Shi, University of Michigan
In April 1792, George and Rachel Ewing packed the whole of their household belongings onto a flat boat and set out on the Ohio River. Among...
IO Seminar: Friday, October 10
Andres Gonzales, Pontificia Universidad Catolica de Chile Business School
--
Joint Econometrics and Labor Seminar: Thursday, October 16
Stephane Bonhomme, University of Chicago
--
Joint Econometrics Seminar and ISR-Zwerdling Seminar in Labor Economics
Stephane Bonhomme, University of Chicago
--
Quality Incentives and Upgrading in Uganda’s Coffee Supply Chain (joint with Jie Bai, Ameet Morjaria, Russell Morton, and Yulu Tang)
Lauren Falcao Bergquist, Yale University
Quality upgrading to attain export premia is a key development strategy in many low and middle-income countries (LMICs). However, in many...
Joint Macro and EEE Seminar: Tuesday, October 21
Stephie Fried, Federal Reserve Bank of San Francisco
--
Frontier Knowledge in College and Student Success
Barbara Biasi, Yale University
This paper studies the teaching of frontier knowledge in higher education and its impact on students. Using text analysis on 2 million...
The nature of the Chinese firm: unincorporated joint stock companies in the Qing dynasty and Republican period
Matthew Lowenstein, Stanford University
--
Economic Development Seminar: Thursday, October 23
Riccardo Turati, Autonomous University of Barcelona
--
Broke, But Not Out Of Luck: Bankruptcy Regulation and Economic Activity
Sun Kyoung Lee, University of Michigan
--
Genuinely Robust Inference for Clustered Data
Harold Chiang, University of Wisconsin-Madison
Conventional methods for cluster-robust inference are inconsistent when clusters of unignorably large size are present. We formalize this...
Economic History Seminar: Tuesday, November 11
Mel Stephens and Soyoung Han, University of Michigan
--
Combining Complements: Theory and Evidence from Cancer Treatment Innovation
Rebekah Dix, Yale University
Innovations often combine several components to achieve outcomes greater than the “sum of the parts.” We argue that such combination...
Professors Miranda Brown, Stuart Kirsch, and Linda Tesar, Collegiate Professorship Inaugural Lecture
LSA Collegiate Lecture Series
This event will take place both in person and virtually....
Oil, Inflation Expectations, and Household Characteristics: A Nonlinear Heterogeneous Agent VAR Approach
Christiane Baumeister, University of Notre Dame
In this paper, we develop a scalable micro-macro modeling framework that integrates linear multivariate time series models with nonlinear...
Labor Reallocation and Recessions: Re-Evaluating Unemployment in Interwar Britain
Meredith Paker, Grinnell College
How does labor reallocation across industries impact recessions? This paper takes up this question for interwar Britain, where the Great...
Separation of Powers or Division of Labor: Efficiency and Fairness in the Resolution of Patent Interference Disputes, 1836-1940.
Naomi Lamoreaux, University of Michigan and Yale University
--
