Results

Journal article

International Economic Review:

2020 Klein lecture-investment and subjective uncertainty

A longstanding challenge in evaluating the impact of uncertainty on investment is obtaining measures of managers' subjective uncertainty. We address this challenge by using a detailed survey measure of uncertainty collec...Read more...

Journal article

American Economic Review:

What drives differences in management practices?

Partnering with the US Census Bureau, we implement a new survey of "structured" management practices in two waves of 35,000 manufacturing plants in 2010 and 2015. We fnd an enormous dispersion of management practices acr...Read more...

CEP discussion paper

What drives differences in management?

Partnering with the Census we implement a new survey of ?structured? management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variatio...Read more...

CentrePiece article

In brief... Management in America

There are strong links between the performance of US manufacturing plants and the quality of their systems of monitoring, targets and incentives, according to research by Professor Nicholas Bloom and colleagues. Their an...Read more...

CEP discussion paper

IT and management in America

The Census Bureau recently conducted a survey of management practices in over 30,000 plants across the US, the first large-scale survey of management in America. Analyzing these data reveals several striking results. Fir...Read more...

CEP discussion paper

Really Uncertain Business Cycles

We propose uncertainty shocks as a new shock that drives business cycles. First, we demonstrate that microeconomic uncertainty is robustly countercyclical, rising sharply during recessions, particularly during the Great ...Read more...