Scott R. Baker

Names

Identifer

Contact

Affiliations

• National Bureau of Economic Research (NBER) (weight: 5%)
  • EDIRC entry
  • location:
• Northwestern University / Kellogg Graduate School of Management / Department of Finance (weight: 95%)
  • EDIRC entry
  • location:

Research profile

author of:

• Why Has US Policy Uncertainty Risen since 1960?
  American Economic Review, American Economic Association (2014)
  by Scott R. Baker & Nicholas Bloom & Brandice Canes-Wrone & Steven J. Davis & Jonathan Rodden
  (ReDIF-article, aea:aecrev:v:104:y:2014:i:5:p:56-60)
• Effects of Immigrant Legalization on Crime
  American Economic Review, American Economic Association (2015)
  by Scott R. Baker
  (ReDIF-article, aea:aecrev:v:105:y:2015:i:5:p:210-13)
• Shopping for Lower Sales Tax Rates
  American Economic Journal: Macroeconomics, American Economic Association (2021)
  by Scott R. Baker & Stephanie Johnson & Lorenz Kueng
  (ReDIF-article, aea:aejmac:v:13:y:2021:i:3:p:209-50)
• Household Financial Transaction Data
  Annual Review of Economics, Annual Reviews (2022)
  by Lorenz Kueng & Scott R. Baker
  (ReDIF-article, anr:reveco:v:14:y:2022:p:47-67)
• Elections, Political Polarization, and Economic Uncertainty
  Working Papers, Becker Friedman Institute for Research In Economics (2020)
  by Scott R. Baker & Aniket Baksy & Nicholas Bloom & Steven J. Davis & Jonathan Rodden
  (ReDIF-paper, bfi:wpaper:2020-145)
• How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic
  Working Papers, Becker Friedman Institute for Research In Economics (2020)
  by Scott R. Baker & R.A. Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis
  (ReDIF-paper, bfi:wpaper:2020-30)
• Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments
  Working Papers, Becker Friedman Institute for Research In Economics (2020)
  by Scott R. Baker & R.A. Farrokhnia
  (ReDIF-paper, bfi:wpaper:2020-55)
• Economic Uncertainty Before and During the COVID-19 Pandemic
  Working Papers, Becker Friedman Institute for Research In Economics (2020)
  by Dave Altig & Scott Baker & Jose Maria Barrero & Nick Bloom & Phil Bunn & Scarlet Chen & Steven J. Davis & Brent Meyer & Emil Mihaylov & Paul Mizen & Nick Parker & Thomas Renault & Pawel Smietanka & Gr
  (ReDIF-paper, bfi:wpaper:2020-88)
• Economic uncertainty before and during the Covid-19 pandemic
  Bank of England working papers, Bank of England (2020)
  by Altig, Dave & Baker, Scott & Barrero, Jose Maria & Bloom, Nick & Bunn, Philip & Chen, Scarlet & Davis, Steven J & Leather, Julia & Meyer, Brent & Mihaylov, Emil & Mizen, Paul & Parker, Nick & Renault,
  (ReDIF-paper, boe:boeewp:0876)
• Policy uncertainty: a new indicator
  CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE (2012)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis
  (ReDIF-paper, cep:cepcnp:362)
• Does Uncertainty Reduce Growth? Using Disasters as Natural Experiments
  CEP Discussion Papers, Centre for Economic Performance, LSE (2013)
  by Scott R. Baker & Nicholas Bloom
  (ReDIF-paper, cep:cepdps:dp1243)
• Measuring Economic Policy Uncertainty
  CEP Discussion Papers, Centre for Economic Performance, LSE (2015)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis
  (ReDIF-paper, cep:cepdps:dp1379)
• What triggers stock market jumps?
  CEP Discussion Papers, Centre for Economic Performance, LSE (2021)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis & Marco Sammon
  (ReDIF-paper, cep:cepdps:dp1789)
• Economic Recovery and Policy Uncertainty
  CEP US Election Analysis Papers, Centre for Economic Performance, LSE (2012)
  by Scott R. Baker & Nick Bloom & Steven J. Davis & John Van Reenen
  (ReDIF-paper, cep:cepusa:002)
• What triggers stock market jumps?
  POID Working Papers, Centre for Economic Performance, LSE (2021)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis & Marco Sammon
  (ReDIF-paper, cep:poidwp:010)
• Financial Returns to Household Inventory Management
  Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2020)
  by Scott R. Baker & Stephanie Johnson & Lorenz Kueng
  (ReDIF-paper, chf:rpseri:rp20114)
• Correlation in State and Local Tax Changes
  Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2020)
  by Scott R. Baker & Pawel Janas & Lorenz Kueng
  (ReDIF-paper, chf:rpseri:rp20115)
• Income Fluctuations and Firm Choice
  Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2020)
  by Scott R. Baker & Brian Baugh & Lorenz Kueng
  (ReDIF-paper, chf:rpseri:rp2029)
• Do Household Finances Constrain Unconventional Fiscal Policy?
  Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2020)
  by Scott R. Baker & Lorenz Kueng & Leslie McGranahan & Brian Melzer
  (ReDIF-paper, chf:rpseri:rp2032)
• Financial Returns to Household Inventory Management
  Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2020)
  by Scott R. Baker & Stephanie Johnson & Lorenz Kueng
  (ReDIF-paper, chf:rpseri:rp2070)
• Measuring Economic Policy Uncertainty
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015)
  by Davis, Steven & Bloom, Nicholas & Baker, Scott
  (ReDIF-paper, cpr:ceprdp:10900)
• Financial Returns to Household Inventory Management
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020)
  by Küng, Lorenz & Baker, Scott & Johnson, Stephanie
  (ReDIF-paper, cpr:ceprdp:15191)
• Correlation in State and Local Tax Changes
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
  by Baker, Scott & Janas, Pawel & Kueng, Lorenz
  (ReDIF-paper, cpr:ceprdp:19312)
• Income Fluctuations and Firm Choice
  Journal of Financial and Quantitative Analysis, Cambridge University Press (2021)
  by Baker, Scott R. & Baugh, Brian & Kueng, Lorenz
  (ReDIF-article, cup:jfinqa:v:56:y:2021:i:6:p:2208-2236_11)
• Financial returns to household inventory management
  Journal of Financial Economics, Elsevier (2024)
  by Baker, Scott R. & Johnson, Stephanie & Kueng, Lorenz
  (ReDIF-article, eee:jfinec:v:151:y:2024:i:c:s0304405x23001988)
• State-level economic policy uncertainty
  Journal of Monetary Economics, Elsevier (2022)
  by Baker, Scott R. & Davis, Steven J. & Levy, Jeffrey A.
  (ReDIF-article, eee:moneco:v:132:y:2022:i:c:p:81-99)
• Economic uncertainty before and during the COVID-19 pandemic
  Journal of Public Economics, Elsevier (2020)
  by Altig, Dave & Baker, Scott & Barrero, Jose Maria & Bloom, Nicholas & Bunn, Philip & Chen, Scarlet & Davis, Steven J. & Leather, Julia & Meyer, Brent & Mihaylov, Emil & Mizen, Paul & Parker, Nicholas &
  (ReDIF-article, eee:pubeco:v:191:y:2020:i:c:s0047272720301389)
• What triggers stock market jumps?
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2021)
  by Baker, Scott R. & Bloom, Nicholas & Davis, Steven J. & Sammo, Marco C.
  (ReDIF-paper, ehl:lserod:113913)
• Does uncertainty reduce growth? Using disasters as natural experiments
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2013)
  by Baker, Scott R. & Bloom, Nicholas
  (ReDIF-paper, ehl:lserod:121906)
• Economic recovery and policy uncertainty
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2012)
  by Baker, Scott R. & Davis, Steven J. & Bloom, Nick & Van Reenen, John
  (ReDIF-paper, ehl:lserod:57970)
• Measuring economic policy uncertainty
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015)
  by Baker, Scott R. & Bloom, Nicholas & Davis, Steven J.
  (ReDIF-paper, ehl:lserod:64986)
• Economic Uncertainty before and during the COVID-19 Pandemic
  FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2020)
  by David E. Altig & Scott Brent Baker & Jose Maria Barrero & Nick Bloom & Philip Bunn & Scarlet Chen & Steven J. Davis & Brent Meyer & Emil Mihaylov & Paul Mizen & Nicholas B. Parker & Thomas Renault & P
  (ReDIF-paper, fip:fedawp:88474)
• Do Household Finances Constrain Unconventional Fiscal Policy?
  Working Paper Series, Federal Reserve Bank of Chicago (2018)
  by Scott R. Baker & Lorenz Kueng & Leslie McGranahan & Brian T. Melzer
  (ReDIF-paper, fip:fedhwp:wp-2018-16)
• Economic uncertainty before and during the COVID-19 pandemic
  Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2020)
  by Dave Altig & Scott Baker & Jose Maria Barrero & Nicholas Bloom & Philip Bunn & Scarlet Chen & Steven Davis & Julia Leather & Brent Meyer & Emil Mihaylov & Paul Mizen & Nicholas Parker & Thomas Renault
  (ReDIF-paper, hal:cesptp:hal-03205118)
• Economic uncertainty before and during the COVID-19 pandemic
  Post-Print, HAL (2020)
  by Dave Altig & Scott Baker & Jose Maria Barrero & Nicholas Bloom & Philip Bunn & Scarlet Chen & Steven Davis & Julia Leather & Brent Meyer & Emil Mihaylov & Paul Mizen & Nicholas Parker & Thomas Renault
  (ReDIF-paper, hal:journl:hal-03205118)
• Has Economic Policy Uncertainty Hampered the Recovery?
  Book Chapters, Hoover Institution, Stanford University (2012)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis
  (ReDIF-chapter, hoo:bookch:6-3)
• Measuring Economic Policy Uncertainty
  Economics Working Papers, Hoover Institution, Stanford University (2015)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis
  (ReDIF-paper, hoo:wpaper:15111)
• State-Level Economic Policy Uncertainty
  IZA Discussion Papers, Institute of Labor Economics (IZA) (2022)
  by Baker, Scott R. & Davis, Steven J. & Levy, Jeffrey A.
  (ReDIF-paper, iza:izadps:dp15156)
• Do Household Finances Constrain Unconventional Fiscal Policy?
  NBER Chapters, National Bureau of Economic Research, Inc (2018)
  by Scott R. Baker & Lorenz Kueng & Leslie McGranahan & Brian T. Melzer
  (ReDIF-chapter, nbr:nberch:14184)
• Does Uncertainty Reduce Growth? Using Disasters as Natural Experiments
  NBER Working Papers, National Bureau of Economic Research, Inc (2013)
  by Scott R. Baker & Nicholas Bloom
  (ReDIF-paper, nbr:nberwo:19475)
• Why Has U.S. Policy Uncertainty Risen Since 1960?
  NBER Working Papers, National Bureau of Economic Research, Inc (2014)
  by Scott R. Baker & Nicholas Bloom & Brandice Canes-Wrone & Steven J. Davis & Jonathan A. Rodden
  (ReDIF-paper, nbr:nberwo:19826)
• Measuring Economic Policy Uncertainty
  NBER Working Papers, National Bureau of Economic Research, Inc (2015)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis
  (ReDIF-paper, nbr:nberwo:21633)
• Shopping for Lower Sales Tax Rates
  NBER Working Papers, National Bureau of Economic Research, Inc (2017)
  by Scott R. Baker & Stephanie Johnson & Lorenz Kueng
  (ReDIF-paper, nbr:nberwo:23665)
• Measurement Error in Imputed Consumption
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Scott R. Baker & Lorenz Kueng & Steffen Meyer & Michaela Pagel
  (ReDIF-paper, nbr:nberwo:25078)
• Do Household Finances Constrain Unconventional Fiscal Policy?
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Scott R. Baker & Lorenz Kueng & Leslie McGranahan & Brian T. Melzer
  (ReDIF-paper, nbr:nberwo:25212)
• Policy News and Stock Market Volatility
  NBER Working Papers, National Bureau of Economic Research, Inc (2019)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis & Kyle J. Kost
  (ReDIF-paper, nbr:nberwo:25720)
• The Unprecedented Stock Market Impact of COVID-19
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis & Kyle J. Kost & Marco C. Sammon & Tasaneeya Viratyosin
  (ReDIF-paper, nbr:nberwo:26945)
• How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & R.A. Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis
  (ReDIF-paper, nbr:nberwo:26949)
• COVID-Induced Economic Uncertainty
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis & Stephen J. Terry
  (ReDIF-paper, nbr:nberwo:26983)
• Corporate Taxes and Retail Prices
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & Stephen Teng Sun & Constantine Yannelis
  (ReDIF-paper, nbr:nberwo:27058)
• Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & R. A. Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis
  (ReDIF-paper, nbr:nberwo:27097)
• Using Disasters to Estimate the Impact of Uncertainty
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & Nicholas Bloom & Stephen J. Terry
  (ReDIF-paper, nbr:nberwo:27167)
• Economic Uncertainty Before and During the COVID-19 Pandemic
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by David Altig & Scott R. Baker & Jose Maria Barrero & Nicholas Bloom & Philip Bunn & Scarlet Chen & Steven J. Davis & Julia Leather & Brent H. Meyer & Emil Mihaylov & Paul Mizen & Nicholas B. Parker & T
  (ReDIF-paper, nbr:nberwo:27418)
• Measuring Customer Churn and Interconnectedness
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & Brian Baugh & Marco C. Sammon
  (ReDIF-paper, nbr:nberwo:27707)
• Financial Returns to Household Inventory Management
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & Stephanie G. Johnson & Lorenz Kueng
  (ReDIF-paper, nbr:nberwo:27740)
• Elections, Political Polarization, and Economic Uncertainty
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Scott R. Baker & Aniket Baksy & Nicholas Bloom & Steven J. Davis & Jonathan A. Rodden
  (ReDIF-paper, nbr:nberwo:27961)
• What Triggers Stock Market Jumps?
  NBER Working Papers, National Bureau of Economic Research, Inc (2021)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis & Marco C. Sammon
  (ReDIF-paper, nbr:nberwo:28687)
• Household Financial Transaction Data
  NBER Working Papers, National Bureau of Economic Research, Inc (2021)
  by Scott R. Baker & Lorenz Kueng
  (ReDIF-paper, nbr:nberwo:29027)
• State-Level Economic Policy Uncertainty
  NBER Working Papers, National Bureau of Economic Research, Inc (2022)
  by Scott R. Baker & Steven J. Davis & Jeffrey A. Levy
  (ReDIF-paper, nbr:nberwo:29714)
• Fertility and Savings: The Effect of China’s Two-Child Policy on Household Savings
  NBER Working Papers, National Bureau of Economic Research, Inc (2022)
  by Scott R. Baker & Efraim Benmelech & Zhishu Yang & Qi Zhang
  (ReDIF-paper, nbr:nberwo:29856)
• The Effects of Cryptocurrency Wealth on Household Consumption and Investment
  NBER Working Papers, National Bureau of Economic Research, Inc (2023)
  by Darren Aiello & Scott R. Baker & Tetyana Balyuk & Marco Di Maggio & Mark J. Johnson & Jason D. Kotter
  (ReDIF-paper, nbr:nberwo:31445)
• Who Invests in Crypto? Wealth, Financial Constraints, and Risk Attitudes
  NBER Working Papers, National Bureau of Economic Research, Inc (2023)
  by Darren Aiello & Scott R. Baker & Tetyana Balyuk & Marco Di Maggio & Mark J. Johnson & Jason D. Kotter
  (ReDIF-paper, nbr:nberwo:31856)
• Correlation in State and Local Tax Changes
  NBER Working Papers, National Bureau of Economic Research, Inc (2024)
  by Scott R. Baker & Pawel Janas & Lorenz Kueng
  (ReDIF-paper, nbr:nberwo:32786)
• Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households
  NBER Working Papers, National Bureau of Economic Research, Inc (2024)
  by Scott R. Baker & Justin Balthrop & Mark J. Johnson & Jason D. Kotter & Kevin Pisciotta
  (ReDIF-paper, nbr:nberwo:33108)
• Economic uncertainty before and during the COVID-19 pandemic
  Discussion Papers, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM) (2020)
  by Dave Altig & Scott Baker & Jose Maria Barrero & Nick Bloom & Phil Bunn & Scarlet Chen & Steven J Davis & Julia Leather & Brent Meyer & Emil Mihaylov & Paul Mizen & Nick Parker & Thomas Renault & Pawel
  (ReDIF-paper, not:notcfc:2020/07)
• Measuring Economic Policy Uncertainty
  The Quarterly Journal of Economics, President and Fellows of Harvard College (2016)
  by Scott R. Baker & Nicholas Bloom & Steven J. Davis
  (ReDIF-article, oup:qjecon:v:131:y:2016:i:4:p:1593-1636.)
• The Unprecedented Stock Market Reaction to COVID-19
  The Review of Asset Pricing Studies, Society for Financial Studies (0)
  by Scott R Baker & Nicholas Bloom & Steven J Davis & Kyle Kost & Marco Sammon & Tasaneeya Viratyosin & Jeffrey Pontiff
  (ReDIF-article, oup:rasset:v:10:y::i:4:p:742-758.)
• How Does Household Spending Respond to an Epidemic? Consumption during the 2020 COVID-19 Pandemic
  The Review of Asset Pricing Studies, Society for Financial Studies (0)
  by Scott R Baker & Robert A Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis & Jeffrey Pontiff
  (ReDIF-article, oup:rasset:v:10:y::i:4:p:834-862.)
• Using Disasters to Estimate the Impact of Uncertainty
  The Review of Economic Studies, Review of Economic Studies Ltd (2024)
  by Scott R Baker & Nicholas Bloom & Stephen J Terry
  (ReDIF-article, oup:restud:v:91:y:2024:i:2:p:720-747.)
• Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments
  Review of Finance, European Finance Association (2023)
  by Scott R. Baker & Robert A Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis
  (ReDIF-article, oup:revfin:v:27:y:2023:i:6:p:2271-2304.)
• Consumption Imputation Errors in Administrative Data
  The Review of Financial Studies, Society for Financial Studies (2022)
  by Scott R Baker & Lorenz Kueng & Steffen Meyer & Michaela Pagel
  (ReDIF-article, oup:rfinst:v:35:y:2022:i:6:p:3021-3059.)
• Code and data files for "Income Changes and Consumption: Evidence from the 2013 Federal Government Shutdown"
  Computer Codes, Review of Economic Dynamics (2016)
  by Scott Ross Baker & Contantine Yannelis
  (ReDIF-software, red:ccodes:15-289)
• Income Changes and Consumption: Evidence from the 2013 Federal Government Shutdown
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2017)
  by Scott Ross Baker & Contantine Yannelis
  (ReDIF-article, red:issued:15-289)
• Income Changes and Consumption: Evidence from the 2013 Federal Government Shutdown
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Constantine Yannelis & Scott Baker
  (ReDIF-paper, red:sed015:372)
• Effects of Legal Status and Health Service Availability on Mortality
  Discussion Papers, Stanford Institute for Economic Policy Research (2010)
  by Scott Baker
  (ReDIF-paper, sip:dpaper:09-018)
• What Drives Job Search? Evidence from Google Search Data
  Discussion Papers, Stanford Institute for Economic Policy Research (2011)
  by Scott Baker & Andrey Fradkin
  (ReDIF-paper, sip:dpaper:10-020)
• Effects of Immigrant Legalization on Crime: The 1986 Immigration Reform and Control Act
  Discussion Papers, Stanford Institute for Economic Policy Research (2013)
  by Scott Baker
  (ReDIF-paper, sip:dpaper:12-012)
• Expectation Formation Following Large, Unexpected Shocks
  The Review of Economics and Statistics, MIT Press (2020)
  by Scott R. Baker & Tucker S. McElroy & Xuguang S. Sheng
  (ReDIF-article, tpr:restat:v:102:y:2020:i:2:p:287-303)
• The Impact of Unemployment Insurance on Job Search: Evidence from Google Search Data
  The Review of Economics and Statistics, MIT Press (2017)
  by Scott R. Baker & Andrey Fradkin
  (ReDIF-article, tpr:restat:v:99:y:2017:i:5:p:756-768)
• Customer Churn and Intangible Capital
  Journal of Political Economy Macroeconomics, University of Chicago Press (2023)
  by Scott R. Baker & Brian Baugh & Marco Sammon
  (ReDIF-article, ucp:jpemac:doi:10.1086/725789)
• Debt and the Response to Household Income Shocks: Validation and Application of Linked Financial Account Data
  Journal of Political Economy, University of Chicago Press (2018)
  by Scott R. Baker
  (ReDIF-article, ucp:jpolec:doi:10.1086/698106)
• Do Household Finances Constrain Unconventional Fiscal Policy?
  Tax Policy and the Economy, University of Chicago Press (2019)
  by Scott R. Baker & Lorenz Kueng & Leslie McGranahan & Brian T. Melzer
  (ReDIF-article, ucp:tpolec:doi:10.1086/703225)
• Has Economic Policy Uncertainty Hampered the Recovery?
  Working Papers, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State (2012)
  by Baker, Scott & Bloom, Nicholas & Davis, Steven J.
  (ReDIF-paper, zbw:cbscwp:242)