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Financial Ratios as Predictors of Failure
Models of Spillovers in R&D
Building Sustainable Organizations: The Human Factor
Although most of the research and public pressure concerning sustainability has been focused on the effects of business and organizational activity on the physical environment, companies and their management practices profoundly affect the human…
Calendar Rotations: A New Approach for Studying the Impact of Timing Using Earnings Announcements
We develop a novel methodology for studying the causal impact of announcement timing. Our methodology uses firms’ earnings announcements and leverages quasi-exogenous variation attributable to the specific day-of-week on which a calendar month…
Carrots or Sticks? Improving Social and Environmental Compliance at Suppliers Through Penalties and Incentives
Forthcoming in Production and Operations Management.
This paper explores the relationship between supplier penalties and incentives and performance.
Targeted Treatment Assignment Using Data from Randomized Experiments with Noncompliance (Forthcoming)
This paper studies the estimation and evaluation of targeted treatment assignment policies, where a data-driven prioritization rule is used to determine to whom the treatment is either offered or delivered. We consider a setting where the data…
A Theory of Experience Effects
How does the experience of a financial crisis and other macroeconomic shocks alter the dynamics of financial markets? Recent evidence suggests that individuals overweight personal experiences of macroeconomic shocks when forming beliefs about…