Research Papers

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4036: Intermediary Balance Sheets and the Treasury Yield Curve

Wenxin Du, Benjamin Hebert and Wenhao Li

4035: Engagement Maximization

Benjamin Hebert and Weijie Zhong

4034: Civil and Ethnic Conflict in Historical Political Economy

Saumitra Jha

4031: BONuS: Multiple Multivariate Testing with a Data-Adaptive Test Statistic

Chiao-Yu Yang, Lihua Lei, Nhat Ho and William Fithian

4030: Learn Then Test: Calibrating Predictive Algorithms to Achieve Risk Control

Anastasios N. Angelopoulos, Stephen Bates, Emmanuel J. Candes, Michael I. Jordan and Lihua Lei

4028: Conformalized Survival Analysis

Emmanuel Candes, Lihua Lei and Zhimei Ren

4027: Testing for Outliers with Conformal P-Values

Stephen Bates, Emmanuel Candes, Lihua Lei, Yaniv Romano and Matteo Sesia

4023: Rank-and-File Accounting Employee Incentives and Financial Reporting Quality

Chris Armstrong, John D. Kepler, David F. Larcker and Shawn Shi

4021: Measuring U.S. Fiscal Capacity Using Discounted Cash Flow Analysis

Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan

4020: Exorbitant Privilege Gained and Lost: Fiscal Implications

Zefeng Chen, Zhengyang Jiang, Hanno N. Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan

4019: Internationalizing Like China

Christopher Clayton, Amanda Dos Santos, Matteo Maggiori and Jesse Schreger

4016: Transparency on the Path to Net-Zero

Stephen Comello, Julia Reichelstein and Stefan Reichelstein

4014: The Rest of the World's Dollar-Weighted Return on U.S. Treasurys

Zhengyang Jiang, Arvind Krishnamurthy and Hanno Lustig

4013: Corporate Financial Disclosures and the Market for Innovation

Jinhwan Kim and Kristen Valentine

4012: Markets under Siege: How Differences in Political Beliefs Can Move Financial Markets

Saumitra Jha, Peter Koudijs and Marcos Salgado

4010: Do Jobseekers Value Diversity Information? Evidence from a Field Experiment

Jung Ho Choi, Joseph Pacelli, Kristina M. Rennekamp and Sorabh Tomar

4008: Organizational Structure and Decision-Making in Corporate Venture Capital

Ilya A. Strebulaev and Amanda Wang

4007: Quality Transparency and Healthcare Competition

John D. Kepler, Valeri V. Nikolaev and Nicholas Scott-Hearn

4006: Creditor Control Rights and Executive Bonus Plans

Christopher S. Armstrong, John D. Kepler, Chongho Kim and David Tsui

4003: Financial Resources Impact the Relationship between Meaning and Happiness

Rhia Catapano, Jordi Quoidbach, Cassie Mogilner and Jennifer Aaker

4002: Robust Bounds for Welfare Analysis

Zi Yang Kang and Shoshana Vasserman

3997: Where Is Standard of Living the Highest? Local Prices and the Geography of Consumption

Rebecca Diamond and Enrico Moretti

3995: Reshaping Global Trade: The Immediate and Long-Run Effects of Bank Failures

Chenzi Xu

3994: Estimating Experienced Racial Segregation in U.S. Cities Using Large-Scale GPS Data

Susan Athey, Billy Ferguson, Matthew Gentzkow and Tobias Schmidt

3993: Where the Blame Lies: Unpacking Groups Shifts Judgments of Blame in Intergroup Conflict

Nir Halevy, Ifat Maoz, Preeti Vani and Emily Reit

3992: Machine Learning, Behavioral Targeting and Regression Discontinuity Designs

Sridhar Narayanan and Kirthi Kalyanam

3991: The Demand for Money, Near-Money, and Treasury Bonds

Arvind Krishnamurthy and Wenhao Li

3990: Federated Causal Inference in Heterogeneous Observational Data

Ruoxuan Xiong, Allison Koenecke, Michael Powell, Zhu Shen, Joshua T. Vogelstein and Susan Athey

3987: Shared Decision-Making: Can Improved Counseling Increase Willingness to Pay for Modern Contraceptives?

Susan Athey, Katy Bergstrom, Vitor Hadad, Julian C. Jamison, Berk Özler, Luca Parisotto and Julius Dohbit Sama

3986: Semiparametric Estimation of Treatment Effects in Randomized Experiments

Susan Athey, Peter J. Bickel, Aiyou Chen, Guido Imbens and Michael Pollmann

3985: Landscape of Caregiving Innovations: Findings and Recommendations

Susan Golden

3984: Large Auctions

Paulo Barelli, Srihari Govindan and Robert Wilson

3983: Misdiagnosing Bank Capital Problems

Jeremy Bulow and Paul Klemperer

3982: Empirical Models of Non-transferable Utility Matching

Nikhil Agarwal and Paulo Somaini

3981: The Impact of Impact Investing

Jonathan B. Berk and Jules H. van Binsbergen

3978: How Costly Is Noise? Data and Disparities in Consumer Credit

Laura Blattner and Scott Nelson

3977: Pandemic Spikes and Broken Spears: Indigenous Resilience after the Conquest of Mexico

Alberto Diaz-Cayeros, Juan Espinosa-Balbuena and Saumitra Jha

3976: Bond Convenience Yields in the Eurozone Currency Union

Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh and Mindy Z. Xiaolan

3975: Identifying Complementarities in Subscription Software Usage Using Advertising Experiments

Unnati Narang

3974: Reserves Were Not So Ample after All

Adam Copeland, Darrell Duffie and Yilin (David) Yang

3973: Private Genetic Geneaology Search

Mine Su Erturk and Kuang Xu

3971: Optimal Model Selection in Contextual Bandits with Many Classes via Offline Oracles

Sanath Kumar Krishnamurthy and Susan Athey

3970: Off-Policy Evaluation via Adaptive Weighting with Data from Contextual Bandits

Ruohan Zhan, Vitor Hadad, David A. Hirshberg and Susan Athey

3967: Blending Advertising with Organic Content in E-Commerce: A Virtual Bids Optimization Approach

Carlos Carrion, Zenan Wang, Harikesh Nair, Xianghong Luo, Yulin Lei, Xiliang Lin, Wenlong Chen, Qiyu Hu, Changping Peng, Yongjun Bao and Weipeng Yan

3966: Preparing for a Pandemic: Accelerating Vaccine Availability

Amrita Ahuja, Susan Athey, Arthur Baker, Eric Budish, Juan Camilo Castillo, Rachel Glennerster, Scott Kominers, Michael Kremer, Jean Lee, Canice Prendergast, Christopher Snyder, Alexander Tabarrok, Brandon Tan and Witold Wiecek

3965: Why Working from Home Will Stick

Jose Maria Barrero, Nicholas Bloom and Steven Davis

3964: Beyond Incomplete Spanning: Convenience Yields and Exchange Rate Disconnect

Zhengyang Jiang, Arvind Krishnamurthy and Hanno Lustig

3963: Policy Learning with Adaptively Collected Data

Ruohan Zhan, Zhimei Ren, Susan Athey and Zhengyuan Zhou

3962: A Process Model of Corporate Venture Capital as External Innovation Capability: The Case of JetBlue Technology Ventures

Robert A. Burgelman and Amit Sridharan

3961: The Effects of the Affordable Care Act on Agricultural Workers

Kwabena Donkor, Jeffrey Perloff and Susan Gabbard