The Visible Hand

<p>The Visible Hand is a podcast about organisations, economics, and management, hosted by Jordi Blanes i Vidal. </p>

Episode 97: Ryan Hill and Carolyn Stein on Incentives in Science

The paper discussed in this episode is ‘Race to the Bottom: Competition and Quality in Science’.Papers mentioned in this episode include:Azoulay, P., Fons-Rosen, C., & Zivin, J. S. G. (2019). Does science advance one funeral at a time?. American Economic Review, 109(8), 2889-2920.Carmichael, H. L. (1988). Incentives in academics: why is there tenure?. Journal of political Economy, 96(3), 453-472.Hill, R., & Stein, C. (2025). Scooped! Estimating rewards for priority in science. Journal of Political Economy, 133(3), 793-845.

10-07
01:06:04

Episode 96: Nathan Lane on South Korea’s Industrial Policy

The paper discussed in this episode is ​’Manufacturing Revolutions: Industrial Policy and Industrialization in South Korea’.Papers mentioned in this episode include:Juhász, R. (2018). Temporary protection and technology adoption: Evidence from the napoleonic blockade. American Economic Review, 108(11), 3339-3376.Sant’Anna, P. H., & Zhao, J. (2020). Doubly robust difference-in-differences estimators. Journal of econometrics, 219(1), 101-122.

09-30
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Episode 95: Andrea Matranga on the Causes of the Neolithic Revolution

The paper discussed in this episode is ​’The Ant and the Grasshopper: Seasonality and the Invention of Agriculture’, by Andrea Matranga.Papers mentioned in this episode include:Ashraf, Q., & Michalopoulos, S. (2015). Climatic fluctuations and the diffusion of agriculture. Review of Economics and Statistics, 97(3), 589-609.Braidwood, R. J. (1960). The agricultural revolution. Scientific American, 203(3), 130-152.Armelagos, G. J., & Cohen, M. N. (Eds.). (1984). Paleopathology at the Origins of Agriculture (pp. 284-301). Orlando, FL: Academic Press.Diamond, J. M. (2010). The worst mistake in the history of the human race (pp. 64-66). Los Angeles: Oplopanax Publishing.Milankovic, M. (1930). Mathematische Klimalehre und Astronomische Theorie der Klimaschwankungen. Gebrüder Borntraeger.Flückiger, M., Larch, M., Ludwig, M., & Pascali, L. (2024). The dawn of civilization: metal trade and the rise of hierarchy.

09-16
52:41

Episode 94: Shaoda Wang on Revolving Door Lawyers

The paper discussed in this episode is ​’The Law and Economics of Lawyers: Evidence from the Revolving Door in China's Judicial System’, by Shaoda Wang, Zhuang Liu, Wenwei Peng, and Daniel Yi Xu.Papers mentioned in this episode include:Blanes i Vidal, J. B., Draca, M., & Fons-Rosen, C. (2012). Revolving door lobbyists. The American Economic Review, 102(7), 3731.

06-27
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Episode 93: Laura Boudreau on Monitoring Harassment in Organisations

The paper discussed in this episode is ‘Monitoring Harassment in Organizations’, by Laura Boudreau, Sylvain Chassang, Ada Gonzalez-Torres, and Rachel M. Heath.Papers mentioned in this episode include:Chassang, S., & Miquel, G. P. I. (2019). Crime, intimidation, and whistleblowing: A theory of inference from unverifiable reports. The Review of Economic Studies, 86(6), 2530-2553.

04-11
48:23

Announcing 6-Episode Season on Health and Organisational Economics

Introducing a six-episode season devoted to the intersection between health and organisational economics.

01-30
03:01

Episode 86: Dan Gross on Labour Market Responses to Automation

The paper discussed in this episode is “Answering the Call of Automation: How the Labor Market Adjusted to Mechanizing Telephone Operation” by James Feigenbaum and Dan Gross.Papers mentioned in this episode include:Acemoglu, D., & Restrepo, P. (2019). Automation and new tasks: How technology displaces and reinstates labor. Journal of economic perspectives, 33(2), 3-30.Autor, D., Chin, C., Salomons, A., & Seegmiller, B. (2024). New frontiers: The origins and content of new work, 1940–2018. The Quarterly Journal of Economics, qjae008.Gordon, R. (2017). The rise and fall of American growth: The US standard of living since the civil war. Princeton university press.

12-16
57:46

Episode 85: Ryan Kellogg on Drilling Deadlines in the Gas Industry

The paper discussed in this episode is “Drilling Deadlines and Oil and Gas Development” by Evan Herrnstadt, Ryan Kellogg, and Eric Lewis.Papers mentioned in this episode include: Hendricks, K., Porter, R. H., & Tan, G. (1993). Optimal selling strategies for oil and gas leases with an informed buyer. The American Economic Review, 83(2), 234-239.Laffont, J. J., & Tirole, J. (1986). Using cost observation to regulate firms. Journal of political Economy, 94(3, Part 1), 614-641.Rust, J. (1987). Optimal replacement of GMC bus engines: An empirical model of Harold Zurcher. Econometrica: Journal of the Econometric Society, 999-1033.

12-06
54:44

Episode 84: Emily Nix on Violence Against Women at Work

The paper discussed in this episode is “Violence Against Women at Work” by Abi Adams-Prassl, Kristiina Huttunen, Emily Nix, and Ning Zhang.Papers mentioned in this episode include: Folke, O., & Rickne, J. (2022). Sexual harassment and gender inequality in the labor market. The Quarterly Journal of Economics, 137(4), 2163-2212.

11-22
46:11

Episode 83: Santiago Tobón on the Governance Provided by Organised Criminal Groups

The paper discussed in this episode is “Gang Rule: Understanding and Countering Criminal Governance” by Christopher Blattman, Gustavo Duncan, Benjamin Lessing, and Santiago Tobón.Papers mentioned in this episode include: Blanes i Vidal, J., & Kirchmaier, T. (2018). The effect of police response time on crime clearance rates. The Review of Economic Studies, 85(2), 855-891.

11-15
58:36

Episode 82: Wouter Dessein on how Organisations Allocate Decision-Making Power

The paper discussed in this episode is “Coordination and Organization Design: Theory and Micro-Evidence” by Wouter Dessein, Desmond Lo, and Chieko Minami.Papers mentioned in this episode include: Aghion, P., & Tirole, J. (1997). Formal and real authority in organizations. Journal of political economy, 105(1), 1-29.Alonso, R., Dessein, W., & Matouschek, N. (2008). When does coordination require centralization?. American Economic Review, 98(1), 145-179.Bloom, N., Sadun, R., & Van Reenen, J. (2012). The organization of firms across countries. The quarterly journal of economics, 127(4), 1663-1705.Dessein, W., Garicano, L., & Gertner, R. (2010). Organizing for synergies. American Economic Journal: Microeconomics, 2(4), 77-114.Dessein, W., & Santos, T. (2006). Adaptive organizations. Journal of political Economy, 114(5), 956-995.Garicano, L., & Rayo, L. (2016). Why organizations fail: Models and cases. Journal of Economic Literature, 54(1), 137-192.

10-31
56:28

Episode 81: Yulu Tang on the Trade-offs Working with Colleagues from your Hometown

The paper discussed in this episode is “To Follow the Crowd? Benefits and Costs of Migrant Networks” by Yulu Tang.Papers mentioned in this episode include:Beaman, L. A. (2012). Social networks and the dynamics of labour market outcomes: Evidence from refugees resettled in the US. The Review of Economic Studies, 79(1), 128-161.Borusyak, K., & Hull, P. (2023). Nonrandom exposure to exogenous shocks. Econometrica, 91(6), 2155-2185.

10-23
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Episode 80: Pauline Mourot on Complementarities in Healthcare Production

The paper discussed in this episode is “Should Top Surgeons Practice at Top Hospitals? Sorting and Complementarities in Healthcare”, by Pauline Mourot. Papers mentioned in this episode include: Abowd, J. M., Kramarz, F., & Margolis, D. N. (1999). High wage workers and high wage firms. Econometrica, 67(2), 251-333.Bonhomme, S., Lamadon, T., & Manresa, E. (2019). A distributional framework for matched employer employee data. Econometrica, 87(3), 699-739.

10-15
01:04:45

Episode 79: Fabiano Schivardi on Executives, Firm Performance, and Labour Markets

The paper discussed in this episode is “Are Executives in Short Supply? Evidence from Death Events”, by Julien Sauvagnat and Fabiano Schivardi. This paper was published in the Review of Economic Studies in 2023.

06-11
49:52

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