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Harvard Business School

by Shawn Cole, Andrew Healy, Eric Werker , 2009
"... the International Economy seminar series, and the New England Universities Development Consortium for comments and discussions. We thank Robin Burgess and Stuti Khemani for providing data, and Byron Hussie, Gautam Bastian, Samantha Bastian, and Ritika D’Souza for excellent research assistance. Cole ..."
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and Werker acknowledge financial support from the Harvard Business School Division of Research and Faculty Development. The usual caveat applies.

Harvard Business School

by Ali Hortaçsu, F. Asís Martínez-jerez, Jason Douglas , 2006
"... is gratefully acknowledged. Martínez-Jerez acknowledges the financial support of the Harvard Business School Division of Research. We analyze geographic patterns of trade using transactions data from eBay and MercadoLibre, two large online auction sites. We find that distance continues to be an impo ..."
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is gratefully acknowledged. Martínez-Jerez acknowledges the financial support of the Harvard Business School Division of Research. We analyze geographic patterns of trade using transactions data from eBay and MercadoLibre, two large online auction sites. We find that distance continues

Harvard Business School

by Prithwiraj Choudhury, Tarun Khanna , 2013
"... High ability individuals can be constrained from commensurate employment opportunities due to their geographic location. In the face of physical, informational and social barriers to migration, firms with nation-wide hiring practices can benefit from facilitating the migration of high ability indivi ..."
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, Harvard Business School, the International

Harvard Business School and NBER

by David Scharfstein, Adi Sunderam , 2011
"... This paper analyzes the two leading types of proposals for reform of the housing finance system: (i) broad-based, explicit, priced government guarantees of mortgage-backed securities (MBS) and (ii) privatization. Both proposals have drawbacks. Properly-priced guarantees would have little effect on m ..."
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on this paper. We thank Toomas Laarits for excellent research assistance and the Harvard Business School Division of Research for financial support. This paper is forthcoming in The Future of Housing Finance,

Harvard Business School, Harvard

by Itai Ashlagi, Avinatan Hassidim, Mark Braverman , 2009
"... We show that the the unit demand auction introduced by Demange, Gale and Sotomayor [5] is incentive compatible even when bidders have budget constraints. Furthermore we show that myopic bidding is an ex post equilibrium. Finally, we show that any other incentive compatible which always outputs a com ..."
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We show that the the unit demand auction introduced by Demange, Gale and Sotomayor [5] is incentive compatible even when bidders have budget constraints. Furthermore we show that myopic bidding is an ex post equilibrium. Finally, we show that any other incentive compatible which always outputs a competitive equilibrium (envy free) must coincide with the DGS auction. 1

Harvard Business School

by Hoan Soo Lee, Placement Director, Marc Melitz, Graduate Administrator, Brenda Piquet, Paul Gompers, Oliver Hart
"... PhD Candidate, Business Economics (Corporate Finance) ..."
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PhD Candidate, Business Economics (Corporate Finance)

Harvard Business School

by Entrepreneurship, Laura Alfaro, Andrew Charlton, Laura Alfaro, Andrew Charlton , 2006
"... The views expressed in this paper are those of the author(s) only, and the presence of them, or of links to them, on the IMF website does not imply that the IMF, its Executive Board, or its management endorses or shares the views expressed in the paper. International Financial Integration and Entrep ..."
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The views expressed in this paper are those of the author(s) only, and the presence of them, or of links to them, on the IMF website does not imply that the IMF, its Executive Board, or its management endorses or shares the views expressed in the paper. International Financial Integration and Entrepreneurship

Harvard Business School

by Ramana Nanda, Tarun Khanna, Rodrigo Canales, Sylvain Chassang, Bob Gibbons, William Kerr, Asim Ijaz Khwaja, Karim Lakhani, Josh Lerner, Rafel Lucea, Antoinette Schoar, Jordan Siegel, Especially Kevin Boudreau, Nicola Lacetera , 2008
"... This study explores the importance of cross-border social networks for entrepreneurship in developing countries by examining ties between the Indian expatriate community and local entrepreneurs in India’s software industry. We find that local entrepreneurs who are based in cities with weaker formal ..."
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institutions rely significantly more on diaspora networks for business leads and financing. Relying on these networks also has a greater impact on firm performance for entrepreneurs located in weaker institutional environments. Our results provide micro-evidence consistent with a view that cross-border social

Harvard Business School

by Professors Michael, E. Porter, Hirotaka Takeuchi, Aaron Anderson, Vernon Beckford, Teresa Conrad, Landon Dickey, Sarah Zhang , 2013
"... To date New York has become a hub for the film industry due to strong factor conditions. The city has an unparalleled urban landscape for film and a dense network of professionals across all industries. In the last decade, however, the motion picture cluster has stagnated as population density gives ..."
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gives way to higher costs of doing business and New York continues to serve as a satellite to the iconic Los Angeles film cluster. In order to compete going forward, New York must shift from its concentration on the production component of the value chain and seek a new unique advantage.

Harvard Business School

by Laura Alfaro, Andrew Charlton , 2006
"... We explore the relation between international financial integration and the level of entrepreneurial activity in a country. Using a unique data set of approximately 24 million firms in nearly 100 countries in 1999 and 2004, we find suggestive evidence that international financial integration has bee ..."
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variables that might affect the business environment; and using different empirical specifications. We further explore various channels through which international financial integration can affect entrepreneurship (a foreign direct investment channel and a capital/credit availability channel) and provide
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