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Research

Published Full Papers

Really Uncertain Business Cycles
(with Max Floetotto, Nir Jaimovich, Itay Saporta and Stephen Terry)
Econometrica, May 2018
Appendix | Data | Industry Uncertainty Data | Simulation code | Slides

Management practices, workforce selection and productivity
(with Stefan Bender, David Card, John Van Reenen and Stephanie Wolter)
Journal of Labor Economics,  January 2018
Management data

Measuring Economic Policy Uncertainty
(with Scott Baker and Steve Davis)
Quarterly Journal of Economics, November 2016
DataSlides | Replication | Online Appendix

Does management matter in schools?
(with Renata Lemos, Raffaella Sadun and John Van Reenen)
Economic Journal, May 2015.

Trade Induced Technical Change: The Impact of Chinese Imports on Innovation, Diffusion and Productivity
(with Mirko Draca and John Van Reenen)
Review of Economic Studies, February 2015.
Appendix | Slides | Data

The Impact of Competition on Management Practices in Public Hospitals
(with Carol Propper, Stephan Seiler and John Van Reenen)
Review of Economic Studies, January 2015.
Appendix | Data | Slides

Does working from home work? Evidence from a Chinese experiment
(with James Liang, John Roberts and Zichung Jenny Ying)
Quarterly Journal of Economics, November 2014.
Online appendix | Data | Slides

The distinct effect of communication technology and information technology on firm organization
(with Luis Garicano, Raffaella Sadun and John Van Reenen)
Management Science, October 2013.
Data

Identifying Technology Spillovers and Product Market Rivalry
(with Mark Schankerman and John Van Reenen)
Econometrica,July 2013.
Appendix | Main Data | Data | Slides | Updated Data

Does management matter: evidence from India
(with Benn Eifert, David McKenzie, Aprajit Mahajan & John Roberts)
Quarterly Journal of Economics, February 2013.
Appendix | Slides | Long run follow-up

The organization of firms across countries
(with Raffaella Sadun and John Van Reenen)
Quarterly Journal of Economics,September 2012.
AppendixData | Slides

Americans do I.T. Better: US Multinationals and the Productivity Miracle
(with Raffaella Sadun & John Van Reenen)
American Economic Review, February 2012.
Slides

Modern management: Good for the Environment or just Hot Air?
(with Christos Genakos, Ralf Martin and Raffaella Sadun)
The Economic Journal, May 2010.

Measuring and Explaining Management Practices Across Firms and Countries
(with John Van Reenen)
Quarterly Journal of Economics, November 2007.
Data | Slides

Uncertainty and Investment Dynamics
(with Steve Bond and John Van Reenen)
Review of Economic Studies, January 2007.
Data (T2:T4) | Data (T5:T7) | CodeFig1

Competition and Innovation: An Inverted U Relationship
(with Philippe Aghion, Richard Blundell, Rachel Griffith & Peter Howitt)
Quarterly Journal of Economics, May 2005.
Data | Slides

Do R&D Tax Credits Work? Evidence from a Panel of Countries 1979-1997
(with Rachel Griffith and John Van Reenen)
Journal Public Economics, July 2002.
Tax Data

Patents, Real Options and Firm Performance
(with John Van Reenen)
Economic Journal, March 2002.

Draft Research Papers

Innovation, reallocation and growth
(with Daron Acemoglu, Ufuk Akcigit and William Kerr)
Forthcoming American Economic Review

Firming up inequality 
(with Jae Song, David Price, Fatih Guvenen and Till von Wachter)
Forthcomming Quarterly Journal of Economics

Data   Appendix

What Drivers Differences in Management Practices?
(with Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen)
Forthcoming American Economic Review 
Appendix: 
Appendix | Data:MDPs  CPS| Code: simulation

Firm Performance and Macro Forecast Accuracy
(with Marik Tanaka, Joel David and Maiko Koga)
NBER Working Paper,  June 2018

What triggers stock market jumps?
(with Scott Baker, Steve Davis and Marco Sammon)
Presentation from SITE August 2018

Managing Trade: Evidence from China and the US
(with Kalina Manova, Stephen Sun, John Van Reenen and Zhihong Yu)
NBER Working Paper, June 2018

Come Together: Firm Boundaries and Delegation
(with Laura Alfaro, Paola Conconi, Harald Fadinger, Patrick  Legros, Andrew Newman, Raffaella Sadun and John Van Reenen)
NBER Working Paper, May 2018

The Finance Uncertainty Multiplier
(with Ivan Alfaro and Xiaoji Lin )
NBER Working Paper, May 2018.

Do Management Interventions Last? Evidence from India
with Aprajit Mahajan, David McKenzie and John Roberts
NBER Working Paper (R&R AEJ Applied), January 2018

Business-Level Expectations and Uncertainty
(with Steve Davis, Lucia Foster, Brian Lucking, Scott Ohlmacher and Itay Saporta-Eckstein)
Stanford mimeo, December 2017

Are Ideas Getting Harder to Find?
(with Chad Jones, Michael Webb and John Van Reenen)
R&R American Economic Revivew, October 2017

Healthy Business? Managerial Education and Management in Healthcare
(with Raffaella Sadun and John Van Reenen)
R&R Review of Economics and Statistics, September 2017

Short and Long Run Uncertainty
(with Jose Barrero and Ian Wright)
Stanford Mimeo, July 2016.
Data replication   
Simulation replication

Skewed Business Cycles
with Sergio Salgado and Fatih Guvenen
Minnesota mimeo, July 2016

Turbulence, firm decentralization and growth in bad times
(with Philippe Aghion, Raffaella Sadun and John Van Reenen)
Stanford mimeo

Management as a technology?
(with Raffaella Sadun and John Van Reenen)
Appendix | Simulation

Trapped factors and China’s impact on global growth
(with Paul Romer, Stephen Terry and John Van Reenen)
R&R Economic Journal
Appendix  | Replication

Survey, Policy and Shorter Papers

Some Facts of High Tech Patenting
(with Mike Webb, Josh Lerner and Nick Short)
NBER Working Paper, July 2018

Do CEOs Know Best? Evidence from China
(with Hong Cheng, Mark Duggan, Hongbin Li and Franklin Qian)
NBER Working Paper, June 2018

Have R&D Spillovers Changed?
(with Brian Lucking and John Van Reenen)
NBER Working Paper,  May 2018
Data

(with Fatih Guvenen, Benjamin S. Smith, Jae Song, and Till von Wachter)
AEA 2018 papers and proceedings, May 2018
 

Why Do We Undervalue Competent Management?
(with Raffaella Sadun and John Van Reenen)
Harvard Business Review, August 2017

Corporations in the age of inequality
Harvard Business Review, April 2017

International Data on Measuring Management Practices
(with Renata Lemos, Raffaella Sadun, Daniela Scur and John Van Reenen)
American Economic Review Papers and Proceedings, May 2016

Hospital Board And Management Practices Are Strongly Related To Hospital Performance On Clinical Quality Metrics
(with Thomas Tsai, Ashish Jha, Atul Gawande, Robert Huckman and Raffaella Sadun)
Health Affairs, August 2015.

Do private equity firms have better management practices?
(with Raffaella Sadun and John Van Reenen)
American Economic Review Papers and Proceedings, May 2015.
Data

Modern Management Practices and Hospital Admissions
(with John McConnell, Rich Lindrooth, Doug Wholey and Tom Maddox)
Health Economics, November 2014.

The New Empirical Economics of Management
(with Daniela Scur, Renata Lemos, Raffaella Sadun and John Van Reenen)
Journal of the European Economics Association, August 2014.
Data

Why has US policy uncertainty risen since 1960?
(with Scott Baker, Brandice Canes-Wrone, Steve Davis and Jonathan Rodden)
American Economic Review Papers and Proceedings, May 2014.
Data

Fluctuations in Uncertainty
Journal of Economic Perspectives, Spring 2014.
Data

Management practices and the quality of care in Cardiac units
(with John McConnell, Rich Lindrooth, Doug Wholey and Tom Maddox)
Journal of the American Medical Association: Internal Medicine, March 2013.

A trapped factors model of innovation
(with Paul Romer, Stephen Terry and John Van Reenen)
American Economic Review Papers and Proceedings, March 2013.
Replication

Incomplete contracts and the internal organization of firms
(with Philippe Aghion and John Van Reenen)
Journal of Law, Economics and Organization, February 2013.

Management in America
(with Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Itay Saporta and John Van Reenen)
Census Working Paper, January 2013

Does management really work?
(with Raffaella Sadun and John Van Reenen)
Harvard Business Review, Novemeber 2013.

The land that lean manufacturing forgot? Management practices in transition countries
(with Helena Schweiger and John Van Reenen)
Economics of Transition,May 2012.

Management practices across firms and countries
(with Christos Genakos, Raffaella Sadun and John Van Reenen)
Academy of Management Perspectives, February 2012.

Are family-friendly workplace practices a valuable firm resource?
(with Tobias Kretschmer and John Van Reenen)
Strategic Management Journal, June 2010.
Data

Human resource management and productivity
(with John Van Reenen)
Handbook of Labor Economics, May 2010.

New approaches to measuring management and firm organization
(with John Van Reenen)
American Economic Review Papers and Proceedings, May 2010.

Why do firms in developing countries have low productivity?
(with Aprajit Mahajan, David McKenzie & John Roberts)
American Economic Review Papers and Proceedings, May 2010.
Data

Does product market competition lead firms to decentralize?
(with Raffaella Sadun and John Van Reenen)
American Economic Review Papers and Proceedings, May 2010.
Data

Why do management practices differ across firms and countries?
(with John Van Reenen)
Journal of Economic Perspectives, Winter 2010.
Data

Recent advances in the empirics of organizational economics
(with Raffaella Sadun and John Van Reenen)
Annual Review of Economics, October 2009.

Uncertainty and the Dynamics of R&D
American Economic Review Papers and Proceedings, January 2007.
Code

Work Life Balance, Management Practices and Productivity
(with Toby Kretschmer and John Van Reenen)
chapter for the NBER book “International Differences in Business Practices and the Productivity of Firms”, Richard Freedman and Kathryn Shaw (editors), January 2006.

Management Practices, Work-Life Balance, and Productivity: A Review of Some Recent Evidence
(with John Van Reenen)
Oxford Review of Economic Policy, Winter 2006.

The Internationalisation of UK R&D
(with Rachel Griffith)
Fiscal Studies, August 2001.

The Real Options Effects of Uncertainty on Investment and Labour Demand
IFS working paper (never published in a journal), November 2000.

Regulating Drugs Prices: Where do We Go from Here?
(with John Van Reenen)
Fiscal Studies, August 1998.

How Has Tax Affected the Changing Cost of R&D? Evidence from Eight Countries
(with Lucy Chennells, Rachel Griffith and John Van Reenen)
Regulation of Science and Technology, H.L. Smith (ed), Macmillian, London, October 1996.