Kauffman: Conferences & Seminars (Topic)最新文献

The Abolition of Immigration Restrictions and the Performance of Firms and Workers: Evidence from Switzerland 取消移民限制与企业和工人的绩效:来自瑞士的证据

Kauffman: Conferences & Seminars (Topic) Pub Date : 2018-11-01 DOI: 10.3386/W25302

Andreas Beerli, J. Ruffner, Michael Siegenthaler, G. Peri

引用次数: 84

The Rise of Cloud Computing: Minding Your P’S, Q's and K's 云计算的兴起:注意你的P, Q和K

Kauffman: Conferences & Seminars (Topic) Pub Date : 2018-10-01 DOI: 10.3386/W25188

David M. Byrne, C. Corrado, Daniel E. Sichel

{"title":"The Rise of Cloud Computing: Minding Your P’S, Q's and K's","authors":"David M. Byrne, C. Corrado, Daniel E. Sichel","doi":"10.3386/W25188","DOIUrl":"https://doi.org/10.3386/W25188","url":null,"abstract":"Cloud computing—computing done on an off-site network of resources accessed through the Internet—is revolutionizing how computing services are used. However, because cloud is so new and it largely is an intermediate input to other industries, it is difficult to track in the U.S. statistical system. Moreover, there is a paucity of systematic information on the prices of cloud services. To begin filling this gap, this paper does three things. First, we define the different segments of cloud computing and document its explosive expansion. Second, we develop new hedonic prices indexes for cloud services based on quarterly data for compute, database, and storage services offered by Amazon Web Services (AWS) from 2009 to 2016. These indexes fall rapidly over the sample period, with quickening (and double digit) rates of decline for all three products starting at the beginning of 2014. Finally, we highlight the puzzle of why investment in IT equipment in the NIPAs has been so weak while capital expenditures have exploded for IT equipment associated with cloud infrastructure. We suggest that cloud service providers are undertaking large amounts of own-account investment in IT equipment and that some of this investment may not be captured in GDP.","PeriodicalId":276603,"journal":{"name":"Kauffman: Conferences & Seminars (Topic)","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127614821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 31

Moving Beyond the Valley of Death: Regulation and Venture Capital Investments in Early-Stage Biopharmaceutical Firms 超越死亡之谷:早期生物制药公司的监管和风险资本投资

Kauffman: Conferences & Seminars (Topic) Pub Date : 2018-10-01 DOI: 10.2139/ssrn.3309496

Yujin Kim, Chirantan Chatterjee, Matthew J. Higgins

引用次数: 4

Mismatch and Assimilation 错配与同化

Kauffman: Conferences & Seminars (Topic) Pub Date : 2018-08-01 DOI: 10.3386/W24960

Ping Wang, Tsz-Nga Wong, C. Yip

引用次数: 5

Measuring Gentrification: Using Yelp Data to Quantify Neighborhood Change 测量中产阶级化:使用Yelp数据量化邻里变化

Kauffman: Conferences & Seminars (Topic) Pub Date : 2018-08-01 DOI: 10.3386/w24952

E. Glaeser, Hyunjin Kim, Michael Luca

引用次数: 19

Structural Behavioral Economics 结构行为经济学

Kauffman: Conferences & Seminars (Topic) Pub Date : 2018-07-01 DOI: 10.3386/W24797

Stefano DellaVigna

{"title":"Structural Behavioral Economics","authors":"Stefano DellaVigna","doi":"10.3386/W24797","DOIUrl":"https://doi.org/10.3386/W24797","url":null,"abstract":"Abstract What is the role of structural estimation in behavioral economics? I discuss advantages, and limitations, of the work in Structural Behavioral Economics. I also cover common modeling choices and how to get started. Among the advantages, I argue that structural estimation builds on, and expands, a classical behavioral tool, simple calibrations, and that it benefits from the presence of a few parsimonious behavioral models which can be taken to the data. Estimation is also well suited for experimental work, common in behavioral economics, as it can lead to improvements in the experimental design. In addition, at a time where policy implications of behavioral work are increasingly discussed, it is important to ground these policy implications in (estimated) models. Structural work, however, has important limitations, which are relevant to its behavioral applications. Estimation takes much longer and the extra degree of complexity can make it difficult to know which of a series of assumptions is driving the results. For related reasons, it is also easy to over-reach with the welfare implications. Taking this into account, I provide a partial how-to guide to structural behavioral economics, covering: (i) the choice of estimation method; (ii) the modeling of heterogeneity; (iii) identification and sensitivity. Finally, I discuss common issues for the estimation of leading behavioral models. I illustrate this discussion with selected coverage of existing work in the literature.","PeriodicalId":276603,"journal":{"name":"Kauffman: Conferences & Seminars (Topic)","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116079179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 92

An Evaluation of the CPI Indexes for Prescription Drugs 处方药消费价格指数的评价

Kauffman: Conferences & Seminars (Topic) Pub Date : 2018-01-01 DOI: 10.3386/W24210

B. Bosworth, John Bieler, M. Kleinrock, E. Koepcke, E. Berndt

引用次数: 5

Recent Manufacturing Employment Growth: The Exception that Proves the Rule 近期制造业就业增长:例外证明规律

Kauffman: Conferences & Seminars (Topic) Pub Date : 2017-12-01 DOI: 10.3386/W24151

Robert Z. Lawrence

{"title":"Recent Manufacturing Employment Growth: The Exception that Proves the Rule","authors":"Robert Z. Lawrence","doi":"10.3386/W24151","DOIUrl":"https://doi.org/10.3386/W24151","url":null,"abstract":"This Paper challenges two widely held views: first that trade performance has been the primary reason for the declining share of manufacturing employment in the United States and other industrial economies, and second that recent productivity growth in manufacturing has actually been quite rapid but is not accurately measured. The paper shows that for many decades, relatively faster productivity growth interacting with unresponsive demand has been the dominant force behind the declining share of employment in manufacturing in the United States and other industrial economies. It also shows that since 2010, however, the relationship has been reversed and slower productivity growth in manufacturing has been associated with more robust performance in manufacturing employment. These contrasting experiences suggest a tradeoff between the ability of the manufacturing sector to contribute to productivity growth and its ability to provide employment opportunities. While some blame measurement errors for the recently recorded slowdown in manufacturing productivity growth, spending patterns in the United States and elsewhere suggest that the productivity slowdown is real and that thus far fears about robots and other technological advances in manufacturing displacing large numbers of jobs appear misplaced.","PeriodicalId":276603,"journal":{"name":"Kauffman: Conferences & Seminars (Topic)","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134039447","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 13

Artificial Intelligence and its Implications for Income Distribution and Unemployment 人工智能及其对收入分配和失业的影响

Kauffman: Conferences & Seminars (Topic) Pub Date : 2017-12-01 DOI: 10.3386/W24174

Anton Korinek, J. Stiglitz

引用次数: 248

The Effects of Land Markets on Resource Allocation and Agricultural Productivity 土地市场对资源配置和农业生产力的影响

Kauffman: Conferences & Seminars (Topic) Pub Date : 2017-11-01 DOI: 10.3386/w24034

Chaoran Chen, Diego Restuccia, Raül Santaeulàlia-Llopis

{"title":"The Effects of Land Markets on Resource Allocation and Agricultural Productivity","authors":"Chaoran Chen, Diego Restuccia, Raül Santaeulàlia-Llopis","doi":"10.3386/w24034","DOIUrl":"https://doi.org/10.3386/w24034","url":null,"abstract":"We assess the effects of land markets on misallocation and productivity by exploiting policy-driven variation in land rentals across time and space arising from a large-scale land certification reform in Ethiopia, where land remains owned by the state. Our main finding from detailed micro panel data is that land rentals substantially reduce misallocation and increase agricultural productivity. Our evidence builds from an empirical difference-in-difference strategy, an instrumental variable approach, and a calibrated quantitative macroeconomic framework with heterogeneous household-farms that replicates, without targeting, the empirical effects. These effects are nonlinear, impacting more farms farther away from efficient operational scale, consistent with our theory. Using our model, we find that more active land markets reduce inequality, an important concern for the design of land policy. We also find that the positive effects of land markets are mainly driven by formal market rentals as opposed to informal rentals. Finally, our analysis also provides evidence that land markets increase the adoption of more advanced technologies such as the use of fertilizers.","PeriodicalId":276603,"journal":{"name":"Kauffman: Conferences & Seminars (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128535237","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 79