Working Papers; Comments Welcome
Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry (with Serguey Braguinsky, Atsushi Ohyama, Tetsuji Okazaki) American Economic Review, forthcoming. Online appendix.
Competition in the Audit Market: Policy Implications (with Joseph Gerakos) Journal of Accounting Research, forthcoming.
The Slow Growth of New Plants: Learning about Demand (with Lucia Foster and John Haltiwanger)
“The Importance of Measuring Dispersion in Firm-Level Outcomes,” in IZA World of Labor, Bloomsbury, May 2014.
"Toward an Understanding of Learning by Doing: Evidence from an Automobile Plant," (with Steve Levitt and John List). Journal of Political Economy, August 2013.
"Indirect Costs of Financial Distress in Durable Goods Industries: The Case of Auto Manufacturers," (with Ali Hortaçsu, Gregor Matvos, and Sriram Venkataraman). Review of Financial Studies, May 2013.
"Will History Repeat Itself? Comments on 'Is the Information Technology Revolution Over?'" International Productivity Monitor, Spring 2013, 37-40.
"What Determines Productivity?" Journal of Economic Literature, June 2011.
"Is an Automaker's Road to Bankruptcy Paved with Customers' Beliefs?" (with Ali Hortaçsu, Gregor Matvos, Chaehee Shin, and Sriram Venkataraman), American Economic Review Papers and Proceedings, May 2011. Online appendix.
"Technological Change and the Growing Inequality in Managerial Compensation," (with Hanno Lustig and Stijn Van Nieuwerburgh). Journal of Financial Economics, March 2011.
"E-commerce and the Market Structure of Retail Industries," (with Maris Goldmanis, Ali Hortaçsu, and Onsel Emre). Economic Journal, June 2010.
"How Do Incumbents Respond to the Threat of Entry? Evidence from the Major Airlines" (with Austan Goolsbee) Quarterly Journal of Economics, November 2008.
"Market Distortions When Agents are Better Informed: The Value of Information in Real Estate Transactions" (with Steve Levitt) Review of Economics and Statistics, November 2008.
"Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?" (with Lucia Foster and John Haltiwanger) American Economic Review, March 2008. Note on robustness to removing modal price observations.
"Markets: Ready-Mixed Concrete," Journal of Economic Perspectives, Winter 2008"Antitrust Implications of Home Seller Outcomes when using Flat-Fee Real Estate Agents" (with Steve Levitt) Brookings-Wharton Papers on Urban Affairs 2008.
"Prices, Spatial Competition, and Heterogeneous Producers: An Empirical Test," Journal of Industrial Economics, June 2007
"Cementing Relationships: Vertical Integration, Foreclosure, Productivity, and Prices," (with Ali Hortaçsu) Journal of Political Economy, April 2007"Market Structure and Productivity: A Concrete Example," Journal of Political Economy, December 2004
"Product Differentiation, Search Costs, and Competition in the Mutual Fund Industry: A Case Study of S&P 500 Index Funds," (with Ali Hortaçsu), Quarterly Journal of Economics, May 2004
"Product Substitutability and Productivity Dispersion," Review of Economics and Statistics, May 2004
Disclosure StatementTeachingI teach MBA Competitive Strategy (Bus 42001) and the first course of the PhD Industrial Organization sequence (Econ 401, Bus 33921). Materials for both of these courses can be found on Chalk (must be registered)Personal
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