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The Transition to Smoking Cessation : Evidence from Multiple Failure Duration Analysis

Tauras, John A. - 2001

measures of clean indoor air restrictions are added to the survey data. Both parametric and semi-parametric duration models are …

Persistent link: https://www.econbiz.de/10014175461

Search Engines and Data Retention : Implications for Privacy and Antitrust

Chiou, Lesley - 2017

This paper investigates whether larger quantities of historical data affect a firm's ability to maintain market share in Internet search. We study whether the length of time that search engines retained their server logs affected the apparent accuracy of subsequent searches. Our analysis...

Persistent link: https://www.econbiz.de/10012947653

Are U.S. Companies Too Short-Term Oriented? Some Thoughts

Kaplan, Steven N. - 2017

U.S. companies are often criticized for being overly short-term oriented. This paper documents that those criticisms have a long history, going back at least thirty-five years. The paper then considers the implications of sustained short-termism for corporate profits, venture capital investments...

Persistent link: https://www.econbiz.de/10012954942

Analyzing the Influence of Occupational Licensing Duration and Grandfathering on Labor Market Outcomes

Han, Suyoun - 2016

The length of time from the implementation of an occupational licensing statute (i.e., licensing duration) may matter … duration of occupational licensing statutes for 13 major universally licensed occupations over a 75-year period. These … estimates of potential economic rents to grandfathering. We find that duration years of occupational licensure are positively …

Persistent link: https://www.econbiz.de/10012979775

Regression Kink Design : Theory and Practice

Card, David E. - 2016

unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …

Persistent link: https://www.econbiz.de/10012980189

Medicare Payment to Skilled Nursing Facilities : The Consequences of the Three-Day Rule

Jin, Ginger Zhe - 2018

Medicare does not pay for a skilled nursing facility (SNF) unless a fee-for-service patient has stayed in the hospital for at least three days. Discharges after the three-day cutoff consistently result in more transfers to SNFs. Using the three-day rule as an instrument, we find that SNF...

Persistent link: https://www.econbiz.de/10012911459

Asset Insulators

Chodorow-Reich, Gabriel - 2018

We propose that financial institutions can act as asset insulators, holding assets for the long run to protect their valuations from consequences of exposure to financial markets. We demonstrate the empirical relevance of this theory for the balance sheet behavior of a large class of...

Persistent link: https://www.econbiz.de/10012911716

Self-Fulfilling Debt Dilution : Maturity and Multiplicity in Debt Models

Aguiar, Mark - 2018

We establish that creditor beliefs regarding future borrowing can be self-fulfilling, leading to multiple equilibria with markedly different debt accumulation patterns. We characterize such indeterminacy in the Eaton-Gersovitz sovereign debt model augmented with long maturity bonds. Two...

Persistent link: https://www.econbiz.de/10012916901

Whom Do Employers Want? The Role of Recent Employment and Unemployment Status and Age

Farber, Henry S. - 2018

disparate findings in prior studies. While we cannot reconcile earlier findings on the effect of unemployment duration, the …

Persistent link: https://www.econbiz.de/10012918644

Job Seekers' Perceptions and Employment Prospects : Heterogeneity, Duration Dependence and Bias

Müller, Andreas - 2018

duration dependence in both perceived and actual job finding. Using longitudinal data from two comprehensive surveys, we … observation of beliefs and ex-post realizations, to disentangle heterogeneity and duration dependence in true job finding rates …

Persistent link: https://www.econbiz.de/10012907446