NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Law and Economics: Regulation and Business Law


2014
w20785 Gaétan de Rassenfosse
Adam B. Jaffe

Are Patent Fees Effective at Weeding out Low-quality Patents?

w20636 Douglas A. Irwin
Adam Smith's "Tolerable Administration of Justice" and the Wealth of Nations

w20481 Timothy W. Guinnane
Ron Harris
Naomi R. Lamoreaux

Contractual Freedom and the Evolution of Corporate Control in Britain, 1862 to 1929

w20231 Naomi R. Lamoreaux
Revisiting American Exceptionalism: Democracy and the Regulation of Corporate Governance in Nineteenth-Century Pennsylvania

w20192 Steven Shavell
A General Rationale for a Governmental Role in the Relief of Large Risks

w20160 Joshua S. Gans
Weak Versus Strong Net Neutrality

w20096 Eric Hilt
Corporate Governance and the Development of Manufacturing Enterprises in Nineteenth-Century Massachusetts

w19991 David Yermack
Yuanzhi Li

Evasive Shareholder Meetings

w19953 C. Fritz Foley
Paul Goldsmith-Pinkham
Jonathan Greenstein
Eric Zwick

Opting Out of Good Governance

w19952 Wenli Li
Ishani Tewari
Michelle J. White

Using Bankruptcy to Reduce Foreclosures: Does Strip-down of Mortgages Affect the Supply of Mortgage Credit?

w19939 Orley C. Ashenfelter
Daniel Hosken
Matthew C. Weinberg

Did Robert Bork Understate the Competitive Impact of Mergers? Evidence from Consummated Mergers

w19879 Steven Shavell
Risk Aversion and the Desirability of Attenuated Legal Change

w19809 Kathy Fogel
Liping Ma
Randall Morck

Powerful Independent Directors

w19797 Raffaella Sadun
Does Planning Regulation Protect Independent Retailers?


2013
w19622 Brian K. Chen
Paul J. Gertler
Chuh-Yuh Yang

Moral Hazard and Economies of Scope in Physician Ownership of Complementary Medical Services

w19606 Sumit Agarwal
Itzhak Ben-David
Vincent Yao

Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market

w19358 Ulf Brüggemann
Aditya Kaul
Christian Leuz
Ingrid M. Werner

The Twilight Zone: OTC Regulatory Regimes and Market Quality

w19353 Orley C. Ashenfelter
Daniel Hosken
Matthew C. Weinberg

Efficiencies Brewed: Pricing and Consolidation in the U.S. Beer Industry

w19251 Joseph J. Gerakos
Chad Syverson

Competition in the Audit Market: Policy Implications

w19061 Maury Gittleman
Morris M. Kleiner

Wage Effects of Unionization and Occupational Licensing Coverage in the United States

w18843 Tomasz Piskorski
Amit Seru
James Witkin

Asset Quality Misrepresentation by Financial Intermediaries: Evidence from RMBS Market


2012
w18418 Steven Shavell
A Fundamental Enforcement Cost Advantage of the Negligence Rule over Regulation

w17997 Farley Grubb
Is Paper Money Just Paper Money? Experimentation and Local Variation in the Fiat Paper Monies Issued by the Colonial Governments of British North America, 1690-1775: Part I

w17858 Juliano J. Assunção
Efraim Benmelech
Fernando S. S. Silva

Repossession and the Democratization of Credit

w17829 Jonathan Zinman
Eric Zitzewitz

Wintertime for Deceptive Advertising?


2011
w17573 Ryan L. Lampe
Petra Moser

Patent Pools and the Direction of Innovation - Evidence from the 19th-century Sewing Machine Industry

w17528 Rena M. Conti
Haiden A. Huskamp
Ernst R. Berndt

The Effect of FDA Advisories on Branded Pharmaceutical Firms' Valuations and Promotion Efforts

w17476 Orley C. Ashenfelter
Daniel S. Hosken
Matthew C. Weinberg

The Price Effects of a Large Merger of Manufacturers: A Case Study of Maytag-Whirlpool

w17386 Stephen P. Holland
Jonathan E. Hughes
Christopher R. Knittel
Nathan C. Parker

Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies

w17266 Raghuram G. Rajan
Rodney Ramcharan

Constituencies and Legislation: The Fight over the McFadden Act of 1927

w17237 Michelle J. White
Corporate and Personal Bankruptcy Law

w17226 Patricia M. Danzon
Michael F. Furukawa

Cross-National Evidence on Generic Pharmaceuticals: Pharmacy vs. Physician-Driven Markets

w17162 Guy David
Sara Markowitz

Side Effects of Competition: the Role of Advertising and Promotion in Pharmaceutical Markets

w17147 Eric Hilt
Jacqueline Valentine

Democratic Dividends: Stockholding, Wealth and Politics in New York, 1791-1826

w17127 Lucian A. Bebchuk
Alma Cohen
Charles C.Y. Wang

Staggered Boards and the Wealth of Shareholders: Evidence from Two Natural Experiments

w17023 Steven D. Levitt
Thomas J. Miles

The Role of Skill Versus Luck in Poker: Evidence from the World Series of Poker

w16818 Aaron Edlin
Joseph Farrell

Freedom to Trade and the Competitive Process

w16787 Santiago Carbo-Valverde
Edward J. Kane
Francisco Rodriguez-Fernandez

Safety-Net Benefits Conferred on Difficult-to-Fail-and-Unwind Banks in the US and EU Before and During the Great Recession

w16737 Hans B. Christensen
Luzi Hail
Christian Leuz

Capital-Market Effects of Securities Regulation: Hysteresis, Implementation, and Enforcement

w16713 William T. Allen
Han Shen

Assessing China's Top-Down Securities Markets

w16689 Howard Bodenhorn
Partnership fragility and credit costs

w16656 Martin Gaynor
Samuel A. Kleiner
William B. Vogt

A Structural Approach to Market Definition With an Application to the Hospital Industry


2010
w16564 John Asker
Heski Bar-Isaac

Exclusionary Minimum Resale Price Maintenance

w16560 Morris M. Kleiner
Kyoung Won Park

Battles Among Licensed Occupations: Analyzing Government Regulations on Labor Market Outcomes for Dentists and Hygienists

w16558 Randall Morck
Shareholder Democracy in Canada

w16473 Lee G. Branstetter
Francisco Lima
Lowell J. Taylor
Ana Venâncio

Do Entry Regulations Deter Entrepreneurship and Job Creation? Evidence from Recent Reforms in Portugal

w16216 Aldo Musacchio
Law and Finance c. 1900

w16001 Mary Hallward-Driemeier
Gita Khun-Jush
Lant Pritchett

Deals versus Rules: Policy Implementation Uncertainty and Why Firms Hate It

w15969 Dhaval Dave
Henry Saffer

The Impact of Direct-to-Consumer Advertising on Pharmaceutical Prices and Demand

w15917 Rüdiger Fahlenbrach
Angie Low
René M. Stulz

The dark side of outside directors: Do they quit when they are most needed?

w15912 Lucian A. Bebchuk
Alma Cohen
Charles C.Y. Wang

Learning and the Disappearing Association Between Governance and Returns

w15910 Sergey Chernenko
C. Fritz Foley
Robin Greenwood

Agency Costs, Mispricing, and Ownership Structure

w15747 Alberto F. Alesina
Yann Algan
Pierre Cahuc
Paola Giuliano

Family Values and the Regulation of Labor


2009
w15585 W. Kip Viscusi
Joel Huber
Jason Bell
Caroline Cecot

Discontinuous Behavioral Responses to Recycling Laws and Plastic Water Bottle Deposits

w15529 Stephen Brown
William Goetzmann
Bing Liang
Christopher Schwarz

Trust and Delegation

w15515 Christian Laux
Christian Leuz

Did Fair-Value Accounting Contribute to the Financial Crisis?

w15510 Silvia Ardagna
Annamaria Lusardi

Heterogeneity in the effect of regulation on entrepreneurship and entry size

w15449 Martijn Cremers
Roberta Romano

Institutional Investors and Proxy Voting on Compensation Plans: The Impact of the 2003 Mutual Fund Voting Disclosure Regulation

w15447 Santiago Carbo-Valverde
Edward J. Kane
Francisco Rodriguez-Fernandez

Evidence of Regulatory Arbitrage in Cross-Border Mergers of Banks in the EU

w15279 Frederick Schauer
Richard Zeckhauser

The Trouble with Cases

w15061 Ryan L. Lampe
Petra Moser

Do Patent Pools Encourage Innovation? Evidence from the 19th-Century Sewing Machine Industry

w15053 John M. de Figueiredo
Integrated Political Strategy

w14979 Morris M. Kleiner
Alan B. Krueger

Analyzing the Extent and Influence of Occupational Licensing on the Labor Market

w14972 Bruce I. Carlin
Simon Gervais

Legal Protection in Retail Financial Markets

w14942 Gary D. Libecap
Dean Lueck

The Demarcation of Land and the Role of Coordinating Institutions

w14892 Eric Hilt
Wall Street's First Corporate Governance Crisis: The Panic of 1826

w14868 Bronwyn H. Hall
Business and Financial Method Patents, Innovation, and Policy

w14817 Sam Schulhofer-Wohl
Miguel Garrido

Do Newspapers Matter? Short-run and Long-run Evidence from the Closure of The Cincinnati Post

w14798 Orley C. Ashenfelter
Daniel Hosken
Matthew Weinberg

Generating Evidence to Guide Merger Enforcement

w14719 Dennis W. Carlton
Why We Need to Measure the Effect of Merger Policy and How to Do It

w14648 Philippe Aghion
Yann Algan
Pierre Cahuc
Andrei Shleifer

Regulation and Distrust

w14634 Guy David
Sara Markowitz
Seth Richards

The Effects of Pharmaceutical Marketing and Promotion on Adverse Drug Events and Regulation


2008
w14557 C. Fritz Foley
Robin Greenwood

The Evolution of Corporate Ownership After IPO: The Impact of Investor Protection

w14412 Eric Hilt
Katharine E. O'Banion

The Limited Partnership in New York, 1822-1853: Partnerships without Kinship

w14183 Yeon-Koo Che
Kathryn E. Spier

Strategic Judgment Proofing

w14115 Claudia M. Landeo
Kathryn E. Spier

Naked Exclusion: An Experimental Study of Contracts with Externalities

w14041 Patricia M. Danzon
Andrew J. Epstein

Effects of Regulation on Drug Launch and Pricing in Interdependent Markets


2007
w13708 John R. Graham
Si Li
Jiaping Qiu

Corporate Misreporting and Bank Loan Contracting

w13702 Lucian A. Bebchuk
Zvika Neeman

Investor Protection and Interest Group Politics

w13701 Lucian A. Bebchuk
Martijn Cremers
Urs Peyer

CEO Centrality

w13684 Morris M. Kleiner
Richard M. Todd

Mortgage Broker Regulations That Matter: Analyzing Earnings, Employment, and Outcomes for Consumers

w13641 Vladimir Atanasov
Vladimir Ivanov
Kate Litvak

The Impact of Litigation on Venture Capitalist Reputation

w13604 Joseph H. Golec
John A. Vernon

Financial Risk in the Biotechnology Industry

w13563 Steven Shavell
On Optimal Legal Change, Past Behavior, and Grandfathering

w13562 Aaron Edlin
Andrew Gelman
Noah Kaplan

Voting as a Rational Choice: Why and How People Vote to Improve the Well-Being of Others

w13288 Reena Aggarwal
Isil Erel
René Stulz
Rohan Williamson

Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences

w13109 Timothy Guinnane
Ron Harris
Naomi R. Lamoreaux
Jean-Laurent Rosenthal

Putting the Corporation in its Place

w13093 Eric Hilt
When did Ownership Separate from Control? Corporate Governance in the Early Nineteenth Century

w12952 Yael V. Hochberg
Paola Sapienza
Annette Vissing-Jorgensen

A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002

w12902 Dennis W. Carlton
Randal C. Picker

Antitrust and Regulation

w12867 Louis Kaplow
Carl Shapiro

Antitrust

w12819 Reena Aggarwal
Isil Erel
Rene M. Stulz
Rohan Williamson

Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth


2006
w12811 Lucian A. Bebchuk
Yaniv Grinstein
Urs Peyer

Lucky Directors

w12807 Simeon Djankov
Oliver Hart
Caralee McLiesh
Andrei Shleifer

Debt Enforcement Around the World

w12803 Allan Begosh
John Goldsmith
Ed Hass
Randall W. Lutter
Clark Nardinelli
John A. Vernon

Black Box Warnings and Drug Safety: Examining the Determinants and Timing of FDA Warning Labels

w12798 Michael S. Weisbach
Optimal Executive Compensation vs. Managerial Power: A Review of Lucian Bebchuk and Jesse Fried's "Pay without Performance: The Unfulfilled Promise of Executive Compensation"

w12795 Douglass C North
John Joseph Wallis
Barry R. Weingast

A Conceptual Framework for Interpreting Recorded Human History

w12771 Lucian A. Bebchuk
Yaniv Grinstein
Urs Peyer

Lucky CEOs

w12707 Matthew Gentzkow
Jesse M. Shapiro

What Drives Media Slant? Evidence from U.S. Daily Newspapers

w12676 Joseph H. Golec
John A. Vernon

European Pharmaceutical Price Regulation, Firm Profitability, and R&D Spending

w12617 Reuben Gronau
Regulation - the Corridor to Liberalization: The Experience of the Israeli Phone Market 1984-2005

w12604 Christopher R. Knittel
Victor Stango

Strategic Incompatibility in ATM Markets

w12519 Steven D. Levitt
Joseph J. Doyle

Evaluating the Effectiveness of Child Safety Seats and Seat Belts in Protecting Children from Injury

w12455 Naomi R. Lamoreaux
Jean-Laurent Rosenthal

Contractual Tradeoffs and SMEs Choice of Organizational Form, A View from U.S. and French History, 1830-2000

w12132 Tomas J. Philipson
Richard A. Posner

Antitrust in the Not-For-Profit Sector

w12010 Rafael Rob
Joel Waldfogel

Piracy on the Silver Screen

w11927 Zeynep Hansen
Marc T. Law

The Political Economy of "Truth-in-Advertising" Regulation During the Progressive Era


2005
w11883 Simeon Djankov
Rafael LaPorta
Florencio Lopez-de-Silanes
Andrei Shleifer

The Law and Economics of Self-Dealing

w11738 Christine Jolls
Cass R. Sunstein

Debiasing through Law

w11727 David S. Evans
Albert L. Nichols
Richard Schmalensee

U.S. v. Microsoft: Did Consumers Win?

w11591 Steven D. Levitt
Evidence that Seat Belts are as Effective as Child Safety Seats in Preventing Death for Children Aged Two and Up

w11536 Michelle J. White
Economic Analysis of Corporate and Personal Bankruptcy Law

w11532 Yooki Park
Suzanne Scotchmer

Digital Rights Management and the Pricing of Digital Products

w11478 Michael Greenstone
Paul Oyer
Annette Vissing-Jorgensen

Mandated Disclosure, Stock Returns, and the 1964 Securities Acts Amendments

w11443 Lucian Bebchuk
Yaniv Grinstein

The Growth of Executive Pay

w11425 Ernst R. Berndt
Adrian H. B. Gottschalk
Matthew W. Strobeck

Opportunities for Improving the Drug Development Process: Results from a Survey of Industry and the FDA

w11190 Gary Gorton
Nicholas Souleles

Special Purpose Vehicles and Securitization

w11140 Mihir A. Desai
Robert J. Yetman

Constraining Managers without Owners: Governance of the Not-for-Profit Enterprise

w11139 Rexford Santerre
John A. Vernon

Assessing Consumer Gains from a Drug Price Control Policy in the U.S.

w11108 Nada Wasi
Michelle J. White

Property Tax Limitations and Mobility: The Lock-in Effect of California's Proposition 13

w11078 Simeon Djankov
Caralee McLiesh
Andrei Shleifer

Private Credit in 129 Countries

w11058 Price Fishback
The Irony of Reform: Did Large Employers Subvert Workplace Safety Reform, 1869 to 1930?


2004
w10929 Raymond Fisman
Virginia Sarria-Allende

Regulation of Entry and the Distortion of Industrial Organization

w10900 Naomi Lamoreaux
Jean-Laurent Rosenthal

Corporate Governance and the Plight of Minority Shareholders in the United States Before the Great Depression

w10822 Ernst R. Berndt
Adrian H. B. Gottschalk
Tomas Philipson
Matthew W. Strobeck

Assessing the Impacts of the Prescription Drug User Fee Acts (PDUFA) on the FDA Approval Process

w10795 Orley Ashenfelter
Kathryn Graddy

Anatomy of the Rise and Fall of a Price-Fixing Conspiracy: Auctions at Sotheby's and Christie's

w10546 Stephen M. Maurer
Suzanne Scotchmer

Profit Neutrality in Licensing: The Boundary between Antitrust Law and Patent Law

w10467 Marc T. Law
Sukkoo Kim

Specialization and Regulation: The Rise of Professionals and the Emergence of Occupational Licensing Regulation

w10417 Thorsten Beck
Ross Levine

Legal Institutions and Financial Development

w10288 Naomi R. Lamoreaux
Jean-Laurent Rosenthal

Legal Regime and Business's Organizational Choice: A Comparison of France and the United States


2003
w10126 Thorsten Beck
Ross Levine

Legal Institutions and Financial Development

w9815 Douglas A. Irwin
Causing Problems? The WTO Review of Causation and Injury Attribution in U.S. Section 201 Cases

w9695 Steven Shavell
Economic Analysis of Property Law


2002
w9379 Thorsten Beck
Asli Demirguc-Kunt
Ross Levine

Law and Finance: why Does Legal Origin Matter?

w9340 Wei Fan
Michelle J. White

Personal Bankruptcy and the Level of Entrepreneurial Activity

w9138 Ross Levine
Bank-Based or Market-Based Financial Systems: Which is Better?

w9126 Roberta Romano
Does Confidential Proxy Voting Matter?

w9089 Thorsten Beck
Asli Demirguc-Kunt
Ross Levine

Law, Endowment, and Finance

w9010 Jeremy Berkowitz
Michelle J. White

Bankruptcy and Small Firms' Access to Credit

w8982 Thorsten Beck
Ross Levine

Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter?

w8981 John M. de Figueiredo
Rui J.P. de Figueiredo

The Allocation of Resources by Interest Groups: Lobbying, Litigation and Administrative Regulation

w8776 Mike Burkart
Fausto Panunzi
Andrei Shleifer

Family Firms


2001
w8650 Edward L. Glaeser
Andrei Shleifer

The Rise of the Regulatory State

w8388 Lucian Arye Bebchuk
Ex Ante Costs of Violating Absolute Priority in Bankruptcy

w8276 Lucian Arye Bebchuk
Jesse M. Fried

A New Approach to Valuing Secured Claims in Bankruptcy

w8089 Lucian Arye Bebchuk
David I. Walker

The Overlooked Corporate Finance Problems of a Microsoft Breakup


2000
w7726 John M. de Figueiredo
Emerson H. Tiller

The Structure and Conduct of Corporate Lobbying: How Firms Lobby the Federal Communications Commission

w6919 Lucian Arye Bebchuk
Christine Jolls

Managerial Value Diversion and Shareholder Wealth


1999
w7203 Lucian Arye Bebchuk
A Rent-Protection Theory of Corporate Ownership and Control


1998
w6633 Edward J. Kane
Capital Movements, Asset Values, and Banking Policy in Globalized Markets

w6488 Jeffrey Milyo
Joel Waldfogel

The Effect of Price Advertising and Prices: Evidence in the Wake of 44 Liquormart

w6472 Lucian Arye Bebchuk
Jesse Fried

The Uneasy Case for the Priority of Secured Claims in Bankruptcy: Further Thoughts and a Reply to Critics


1997
w6278 Oliver Hart
Rafael La Porta Drago
Florencio Lopez-de-Silane
John Moore

A New Bankruptcy Procedure that Uses Multiple Auctions


1996
w5711 Armen Hovakimian
Edward J. Kane

Risk-Shifting by Federally Insured Commercial Banks


1995
w5157 Wesley A. Magat
Michael J. Moore

Consumer Product Safety Regulation in the United States and the United Kingdom: The Case of Bicycles

w5063 Reiko Aoki
Thomas J. Prusa

Product Development and the Timing of Information Disclosure under U.S.and Japanese Patent Systems

w5062 Wendy L. Hansen
Thomas J. Prusa

Cumulation and ITC Decision-Making: The Sum of the Parts is Greater thanthe Whole


1994
w4953 Tasneem Chipty
Ann Dryden Witte

Economic Effects of Quality Regulations in the Daycare Industry

w4701 Edward J. Kane
Min-Teh Yu

How Much Did Capital Forbearance Add to the Cost of the S&L Insurance Mess


1993
w4274 J. Bradford De Long
Andrei Shleifer

Princes and Merchants: European City Growth before the Industrial Revolution


1991
h0029 Gary D. Libecap
The Rise of the Chicago Packers and the Origins of Meat Inspection and Antitrust


Generated Mon Dec 29 00:00:19 2014

 
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