- 05 Mar 2018
- Working Paper Summaries
Nowcasting Gentrification: Using Yelp Data to Quantify Neighborhood Change
This study finds that data from digital platforms (in this case, Yelp) can help forecast which neighborhoods are gentrifying and provide new ways to measure business landscape changes that accompany demographic changes.
- 02 Mar 2018
- Working Paper Summaries
Evidence of Decreasing Internet Entropy: The Lack of Redundancy in DNS Resolution by Major Websites and Services
Stabilizing the domain name resolution (DNS) infrastructure is critical to the operation of the internet. Single points of failure become more consequential as a larger proportion of the internet's biggest sites are managed by a small number of externally hosted DNS providers. Providers could encourage diversification by requiring domain owners to select a secondary DNS provider.
- 02 Mar 2018
- Op-Ed
Op-Ed: Trump’s Tariffs Could Harm Allies as Much as Opponents
President Trump's duties on steel and aluminum could produce immediate political gain but long-term economic pain for some American industries and global allies, says Dante Roscini. Open for comment; 0 Comments.
- 01 Mar 2018
- What Do You Think?
Two Decades Later, is the 'New Economy' Finally Here?
SUMMING UP Have recent advances in technology such as artificial intelligence ushered in (finally) the "new economy?" Not so fast, answer James Heskett's readers. Open for comment; 0 Comments.
- 28 Feb 2018
- Sharpening Your Skills
Master the Team Meeting
Business meetings aren't always enjoyable, but they are key to moving a team forward. Julia Austin offers tips for making the most of your meeting time. Open for comment; 0 Comments.
- 27 Feb 2018
- First Look
First Look at New Research and Ideas, February 27, 2018
Are we overstating our progress on employment integration? ... Gender disparity in entrepreneur funding starts with the questions asked ... Why a new coffee shop in the neighborhood increases housing prices.
- 26 Feb 2018
- Working Paper Summaries
Different Strokes for Different Folks: Experimental Evidence on Complementarities Between Human Capital and Machine Learning
This study contributes to scholarship on how adoption of machine learning tools will shape knowledge worker productivity. Among its implications for managers, it suggests that complementarities between prior skills and technology will determine the productivity of workers using AI tools.
- 26 Feb 2018
- Research & Ideas
The Airbnb Effect: Cheaper Rooms for Travelers, Less Revenue for Hotels
Hotels enjoy their highest profits when rooms are most in demand, like during holidays and big events. Unfortunately for them, Airbnb is taking away some of that pricing power, according to new research by Chiara Farronato and Andrey Fradkin. Open for comment; 0 Comments.
- 23 Feb 2018
- Working Paper Summaries
Trade Creditors' Information Advantage
Trade credit represents about a quarter of the liabilities of US firms. There are several theories explaining this fact. This study reexamines whether suppliers hold private information about their trade partners, by analyzing their behavior in bankruptcy.
- 22 Feb 2018
- Working Paper Summaries
Debt Traps? Market Vendors and Moneylender Debt in India and the Philippines
Small-scale entrepreneurs throughout the developing world often rely on moneylenders for working capital but at exorbitant interest rates. Results of three experiments involving market vendors in India and the Philippines show the difficulty that small-scale entrepreneurs face in escaping usage of moneylender debt.
- 22 Feb 2018
- Book
The New History of American Capitalism
Historians are taking a new look at capitalism in light of its adoption in most of the developed world. From the edited volume American Capitalism: New Histories, by Sven Beckert and Christine Desan, the authors delve into the evolution of these new historic views. Open for comment; 0 Comments.
- 21 Feb 2018
- Research & Ideas
When a Competitor Abandons the Market, Should You Advance or Retreat?
Companies pay close attention when a competitor drops out of the market, according to new research by Joshua Lev Krieger. Too often, though, they come to the wrong conclusion. Open for comment; 0 Comments.
- 20 Feb 2018
- First Look
First Look at New Research and Ideas, February 20, 2018
Out of debt--then right back in ... Why Chinese students flood American universities ... Studying how people make decisions.
- 20 Feb 2018
- Working Paper Summaries
Stock Market Returns and Consumption
Using a unique dataset for the entire Swedish population, this study of household consumption in response to changes in capital gains and dividends shows that the marginal propensity to consume (MPC) out of capital gains for households in the top 50 percent of financial wealth distribution is relatively uniform and around 5 percent but is more than 10 percent for the bottom 50 percent. These results explain why the recent stock market rally ignited a spending splurge that is cutting into how much households save for rainy days.
- 19 Feb 2018
- Working Paper Summaries
The Supply Chain Economy: A New Framework for Understanding Innovation and Services
This study shows that a large and dynamic supply chain economy plays a crucial role in innovation and in the creation of well-paid jobs. Traded service suppliers are particularly important. Policies that help suppliers access skilled labor, buyers, and capital could be beneficial for fostering innovation and economic growth.
- 19 Feb 2018
- Sharpening Your Skills
Amazoned: Is Any Industry Safe?
Like the Amazon River itself, Jeff Bezos's company cuts a powerful, meandering channel through the business landscape, changing every industry it touches. Open for comment; 0 Comments.
- 16 Feb 2018
- Working Paper Summaries
A New Categorization of the US Economy: The Role of Supply Chain Industries in Innovation and Economic Performance
This paper provides a novel industry categorization that quantifies the supply chain economy in the United States. Suppliers of goods, and particularly services, to business and government are a distinct and large sector, and play an important role in national innovation and economic performance.
- 15 Feb 2018
- Working Paper Summaries
Can Financial Innovation Solve Household Reluctance to Take Risk?
Structured products are an innovative class of retail financial products with option-like features. This paper provides empirical evidence suggesting that innovative financial products like these can help alleviate loss aversion and thus the low participation of households in risky asset markets.
- 15 Feb 2018
- Cold Call Podcast
Black Business Leaders Series: John Rogers and the Importance of Hiring Minority-Owned Services Firms
Steven Rogers discusses a new Harvard Business School case study about the risks of speaking up, and the importance of black empowerment in the investment sector in this podcast. Open for comment; 0 Comments.
First Look at Research and Ideas, March 6, 2018
When expressing gratitude invites exploitation ... Do stock buybacks ultimately hurt workers? ... Price controls at the supermarket.