Skip to main content

Publications

3457 results

Why Did COVID-19 Vaccinations Lag in Low- and Middle-Income Countries? Lessons from Descriptive and Experimental Data

AEA Papers and Proceedings
Articles
Published: 2023
Author(s): A. M. Mobarak
Abstract

Two years after COVID-19 vaccine rollouts began, COVID-19 vaccination rates in low- and middle-income countries (LMICs) continue to lag. Tracing individual country experiences with vaccine procurement in the early stages of the pandemic suggests that international supply chain failures caused initial delays. High vaccine hesitancy in the population and last-mile delivery challenges within LMICs were other possible limiting factors. This paper summarizes descriptive and experimental research on vaccine demand and supply in LMICs to evaluate these competing claims. The weight of the evidence suggests that external supply restrictions and internal distribution challenges (rather than vaccine hesitancy) appear to be paramount.

Wisconsin’s Act 10, Flexible Pay, and the Impact on Teacher Labor Markets

Education Next
Articles
Published: 2023
Author(s): B. Biasi
Abstract

Effective teachers are a vital input for schools and students. Teachers can have important and long-lasting impacts on students’ learning, college attendance, and eventual earnings. They can also reduce teen pregnancy or incarceration. Attracting effective teachers into public schools and retaining them is thus a first-order policy goal. Changes in teacher compensation, for example across-the-board raises in salaries or pay plans that directly tie salaries to performance, are often proposed as ways to achieve this goal. The debate on these reforms, though, is very much open; some opponents argue that these changes would be ineffective because teachers are not motivated by money.

Caught in the Revolving Door: Firm-Government Employee Mobility as a Fleeting Regulatory Advantage

Organization Science
Articles
Published: Forthcoming
Author(s): I. Katic and J. Kim
Abstract

How does the exchange of employees between regulatory agencies and regulated firms (i.e., the firm-government revolving door) affect firm regulatory outcomes? Existing work has mostly found a positive impact of revolving door hiring on firm outcomes, but it has overlooked potential limitations of this corporate political activity (CPA) tactic. We argue that the advantages firms can gain from hiring former regulators are bound by the timing of revolving door employment relative to the regulatory process. Within the context of agribiotechnology and its main regulator, the U.S. Department of Agriculture, we study regulators who move to in-house and contract lobbying positions (i.e., exit revolving door). We find that firms receive better regulatory outcomes (i.e., faster regulatory approval for new crops) only prior to the regulators’ move to in-house lobbying, consistent with the regulatory capture perspective. Moreover, this revolving door was only valuable in the time period immediately before the mobility event. Additionally, contrary to the belief that former regulators provide firms with expertise and social capital as lobbyists, we find that firms did not gain any advantage after regulators became lobbyists. Taken together, our results suggest that revolving doors can be an effective business political mobilization strategy, albeit one that has limited success in shaping firm government outcomes, much like other types of CPA.

Pass-through and Tax Incidence in Differentiated Products Markets

International Journal of Industrial Organization
Articles
Published: Forthcoming
Author(s): E. Miravete, K. Seim, and J. Thurk
Abstract

The role of demand curvature in determining firm behavior in symmetric oligopolistic product markets is well-understood. We consider the empirically relevant discrete choice differentiated product demand and point to two forces that drive curvature in logit demand: the impact of outside-good spending on the consumer’s indirect utility and the heterogeneity in this response across consumers. We use the canonical example of the ready-to-eat cereal market (Nevo, 2000) to contrast elasticity and curvature estimates across several workhorse models. We illustrate that the log-concave Multinomial Logit and Nested Logit demands yield significantly biased curvature estimates. In contrast, a Mixed Logit specification generates a wider range of curvatures, including curvatures larger than one. These results are of immediate relevance to the robust assessment of tax incidence and the pass-through of cost savings, such as from a horizontal merger, in differentiated product markets.

The Stickiness of Category Labels: Audience Perception and Evaluation of Change in Creative Markets

Management Science
Articles
Published: Forthcoming
Author(s): B. Kovács, G. Hsu, and A. Sharkey
Abstract

Market producers often seek to position themselves in different categories over time. Successful repositioning is difficult, however, as audiences often devalue offerings that depart from a producer’s past creations. Prior research suggests that this penalty arises as evaluators withhold opportunities for producers to reposition because of presumptions of a lack of competence in different categories. In this paper, we develop understanding of a novel evaluator-driven challenge to producers’ repositioning efforts: evaluators are prone to “categorical stickiness,” by which the categories they have come to associate with a producer through its prior offerings shape their perceptions of the producer’s subsequent offerings. The result is a systematic mismatch between what producers claim and what evaluators perceive when a producer repositions. We further propose that audience members who have the greatest prior experience with a producer are the least likely to recognize its repositioning efforts. We examine evidence for our theory using data from Goodreads.com on authors within the book publishing industry, 2007–2017. We first build a novel deep-learning framework to predict categorization of a given book based solely on an author’s description of its content. We then use data on how Goodreads users categorize and evaluate books as well as their past reading behavior to test for evidence of our proposed mechanism. Overall, our results extend understanding of the evaluative processes that generate categorical constraints and how these may differ among various types of audience members.

“I Go Here…But I Don’t Necessarily Belong”: The Process of Transgressor Reintegration in Organizations

Academy of Management Journal
Articles
Published: 2022
Author(s): E. L. Frey
Abstract

When organizational members violate important organizational standards, they may face termination, or they may instead be retained by the organization and given a second chance. Retained transgressors experience the tension of liminality: they maintain their affiliation to the organization, making them structural insiders, but they have committed a transgression, making them moral outsiders. How might transgressors attempt to reintegrate and feel like full organizational insiders once again? And what makes transgressors feel more, or less, reintegrated? Previous work has studied reintegration from victims’ or third-parties’ perspectives, but little is known about transgressor reintegration. To build theory on transgressor reintegration, I studied transgressors at a military service academy. Through waves of qualitative data collection and inductive analyses, I find that transgressions threaten transgressors’ integration, leading transgressors to feel precarious in their perceptions of membership and their feelings of belonging. Transgressors attempt to restore both elements, but use distinct approaches for each. Because belonging restoration requires positive interactions with many organizational actors, transgressors can—and, in my data, frequently do—experience restoration of membership but not belonging. Therefore, it may be relatively rare for transgressors to feel highly reintegrated following transgressions, even in organizations that devote considerable resources to reintegration.

A Structural Model of Multi-tasking Salesforce: Job Task Allocation and Incentive Plan Design

Management Science
Articles
Published: 2022
Author(s): M. Kim, K. Sudhir, and K. Uetake
Abstract

We develop the first structural model of a multitasking salesforce to address questions of job design and incentive compensation design. The model incorporates three novel features: (i) multitasking effort choice given a multidimensional incentive plan; (ii) salesperson’s private information about customers and (iii) dynamic intertemporal tradeoffs in effort choice across the tasks. The empirical application uses data from a micro nance bank where loan officers are jointly responsible and incentivized for both loan acquisition repayment but has broad relevance for salesforce management in CRM settings involving customer acquisition and retention. We extend two-step estimation methods used for unidimensional compensation plans for the multitasking model with private information and intertemporal incentives by combining flexible machine learning (random forest) for the inference of private information and the first-stage multitasking policy function estimation. Estimates reveal two latent segments of salespeople-a “hunter” segment that is more efficient in loan acquisition and a “farmer” segment that is more efficient in loan collection. We use counterfactuals to assess how (1) multi-tasking versus specialization in job design; (ii) performance combination across tasks (multiplicative versus additive); and (iii) job transfers that impact private information impact firm profits and specific segment behaviors.