Nicholas Bloom
Eberle Professor of Economics, Senior Fellow at the Stanford Institute for Economic Policy Research and Professor, by courtesy, of Economics at the Graduate School of Business
Academic Appointments
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Professor, Economics
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Senior Fellow, Stanford Institute for Economic Policy Research
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Professor (By courtesy), Economics
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Affiliate, Stanford Woods Institute for the Environment
Administrative Appointments
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Professor, Stanford University, Department of Economics (2012 - Present)
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Professor by Courtesy, Stanford University, Graduate School of Business (2012 - Present)
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Co-Director of the Productivity Program, National Bureau of Economic Research (2011 - Present)
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Associate Professor (with tenure), Stanford University, Department of Economics (2009 - 2012)
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Assistant Professor, Stanford University, Department of Economics (2005 - 2009)
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Research Fellow, Centre for Economic Performance, London School of Economics (2003 - 2006)
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Associate Consultant, McKinsey & Company (2002 - 2003)
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Business Tax Policy Advisor, HM Treasury (2001 - 2002)
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Research Economist, Institute for Fiscal Studies (1996 - 2002)
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Fellow, American Academy of Arts and Sciences (2013 - 2013)
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Fellow, Econometrics Society (2011 - 2011)
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Research Fellowship, Alfred Sloan Foundation (2008 - 2010)
Honors & Awards
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John T Dunlop Scholar Award, Labor Economics Research Association (2008)
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PhD advising award, Stanford Graduate Economics Association (2008)
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Addington Prize, Fraser Institute (2013)
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Bemacer Prize, Observatorio del Banco Central Europeo (OBCE) (2012)
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Frisch Medal, Econometric Society (2010)
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Bemacer Prize, Observatrio del Banco Central Europeo (2012)
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Frisch Medal, The Econometrics Society (2010)
Boards, Advisory Committees, Professional Organizations
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Associate Editor, Econometrica (2012 - Present)
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Associate Editor, Quarterly Journal of Economics (2012 - Present)
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Member, Editorial Review Board, Academy of Management Perspectives (2011 - Present)
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Associate Editor, Management Science (2011 - Present)
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Memberr, Board of Editors, Journal of Economic Literature (2010 - Present)
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Member, American Economic Journal of Macro (2009 - Present)
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Associate Editor, Economic Journal (2009 - Present)
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Associate Editor, Journal of Monetary Economics (2008 - 2010)
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Research Associate, Centre for Economic Performance
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Affiliate, J-PAL
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Co-Director of Productivity, NBER
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Associate, EF&G and Monetary Economics programs, NBER
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Research Fellow, Centre for Economic Policy Research
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Member, San Francisco Federal Reserve Board
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Research Fellow, IZA
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Senior Fellow, Stanford Institute for Economic Policy
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Associate, Toulouse Network for Information Technology
Professional Education
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BA, Cambridge University, Fitzwilliam College, Economics (1994)
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MPhil., Oxford University, St. Peters College, Economics (1996)
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PhD, University College London, Economics (2001)
2017-18 Courses
- Labor Economics II
ECON 247 (Win) - Labor Economics Seminar
ECON 345 (Aut, Win, Spr) - The Modern Firm in Theory and Practice
ECON 149 (Win) -
Independent Studies (4)
- Directed Reading
ECON 139D (Aut, Win, Spr, Sum) - Directed Reading
ECON 239D (Aut, Win, Spr, Sum) - Honors Thesis Research
ECON 199D (Aut, Win, Spr, Sum) - Practical Training
ECON 299 (Aut, Win, Spr, Sum)
- Directed Reading
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Prior Year Courses
2016-17 Courses
- Labor Economics II
ECON 247 (Win) - Labor Economics Seminar
ECON 345 (Aut, Win, Spr) - The Modern Firm in Theory and Practice
ECON 149 (Win)
2015-16 Courses
- Applications Workshop
ECON 345 (Aut, Win, Spr) - Global Management Research
MGTECON 591 (Win) - Labor Economics II
ECON 247 (Win)
2014-15 Courses
- Applications Workshop
ECON 345 (Aut, Win, Spr) - Labor Economics II
ECON 247 (Win) - The Modern Firm in Theory and Practice
ECON 149 (Win)
- Labor Economics II
All Publications
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Incomplete Contracts and the Internal Organization of Firms
JOURNAL OF LAW ECONOMICS & ORGANIZATION
2014; 30: 37-63
View details for DOI 10.1093/jleo/ewt003
View details for Web of Science ID 000336411900003
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Identifying Technology Spillovers and Product Market Rivalry
ECONOMETRICA
2013; 81 (4): 1347-1393
View details for DOI 10.3982/ECTA9466
View details for Web of Science ID 000322338400005
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A Trapped-Factors Model of Innovation
AMERICAN ECONOMIC REVIEW
2013; 103 (3): 208-213
View details for DOI 10.1257/aer.103.3.208
View details for Web of Science ID 000322877000034
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Management Practices and the Quality of Care in Cardiac Units
JAMA INTERNAL MEDICINE
2013; 173 (8): 684-692
Abstract
To improve the quality of health care, many researchers have suggested that health care institutions adopt management approaches that have been successful in the manufacturing and technology sectors. However, relatively little information exists about how these practices are disseminated in hospitals and whether they are associated with better performance.To describe the variation in management practices among a large sample of hospital cardiac care units; assess association of these practices with processes of care, readmissions, and mortality for patients with acute myocardial infarction (AMI); and suggest specific directions for the testing and dissemination of health care management approaches.We adapted an approach used to measure management and organizational practices in manufacturing to collect management data on cardiac units. We scored performance in 18 practices using the following 4 dimensions: standardizing care, tracking of key performance indicators, setting targets, and incentivizing employees. We used multivariate analyses to assess the relationship of management practices with process-of-care measures, 30-day risk-adjusted mortality, and 30-day readmissions for acute myocardial infarction (AMI).Cardiac units in US hospitals.Five hundred ninety-seven cardiac units, representing 51.5% of hospitals with interventional cardiac catheterization laboratories and at least 25 annual AMI discharges.Process-of-care measures, 30-day risk-adjusted mortality, and 30-day readmissions for AMI.We found a wide distribution in management practices, with fewer than 20% of hospitals scoring a 4 or a 5 (best practice) on more than 9 measures. In multivariate analyses, management practices were significantly correlated with mortality (P = .01) and 6 of 6 process measures (P < .05). No statistically significant association was found between management and 30-day readmissions.The use of management practices adopted from manufacturing sectors is associated with higher process-of-care measures and lower 30-day AMI mortality. Given the wide differences in management practices across hospitals, dissemination of these practices may be beneficial in achieving high-quality outcomes.
View details for DOI 10.1001/jamainternmed.2013.3577
View details for Web of Science ID 000320039600018
View details for PubMedID 23552986
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DOES MANAGEMENT MATTER? EVIDENCE FROM INDIA
QUARTERLY JOURNAL OF ECONOMICS
2013; 128 (1): 1-51
View details for DOI 10.1093/qje/qjs044
View details for Web of Science ID 000314883900001
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Does Management Really Work?
HARVARD BUSINESS REVIEW
2012; 90 (11): 76-?
View details for Web of Science ID 000310097200012
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The Organization of Firms Across Countries
QUARTERLY JOURNAL OF ECONOMICS
2012; 127 (4): 1663-1705
View details for DOI 10.1093/qje/qje029
View details for Web of Science ID 000311905500003
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The land that lean manufacturing forgot? Management practices in transition countries
ECONOMICS OF TRANSITION
2012; 20 (4): 593-635
View details for DOI 10.1111/j.1468-0351.2012.00444.x
View details for Web of Science ID 000308940500002
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Management Practices Across Firms and Countries
ACADEMY OF MANAGEMENT PERSPECTIVES
2012; 26 (1): 12-33
View details for DOI 10.5465/amp.2011.0077
View details for Web of Science ID 000302008200002
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Americans Do IT Better: US Multinationals and the Productivity Miracle
AMERICAN ECONOMIC REVIEW
2012; 102 (1): 167-201
View details for DOI 10.1257/aer.102.1.167
View details for Web of Science ID 000300411000006
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ARE FAMILY-FRIENDLY WORKPLACE PRACTICES A VALUABLE FIRM RESOURCE?
STRATEGIC MANAGEMENT JOURNAL
2011; 32 (4): 343-367
View details for DOI 10.1002/smj.879
View details for Web of Science ID 000287765200001
- Human resource management and productivity Handbook of Labor Economics 2011
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New Approaches to Surveying Organizations
122nd Annual Meeting of the American-Economics-Association
AMER ECONOMIC ASSOC. 2010: 105–9
View details for DOI 10.1257/aer.100.2.105
View details for Web of Science ID 000278389300022
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Why Do Firms in Developing Countries Have Low Productivity?
122nd Annual Meeting of the American-Economics-Association
AMER ECONOMIC ASSOC. 2010: 619–23
View details for DOI 10.1257/aer.100.2.619
View details for Web of Science ID 000278389300119
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Modern Management: Good for the Environment or Just Hot Air?
ECONOMIC JOURNAL
2010; 120 (544): 551-572
View details for DOI 10.1111/j.1468-0297.2010.02351.x
View details for Web of Science ID 000277405100012
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Does Product Market Competition Lead Firms to Decentralize?
122nd Annual Meeting of the American-Economics-Association
AMER ECONOMIC ASSOC. 2010: 434–38
View details for DOI 10.1257/aer.100.2.434
View details for Web of Science ID 000278389300084
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Recent Advances in the Empirics of Organizational Economics
ANNUAL REVIEW OF ECONOMICS, VOL 2
2010; 2: 105-137
View details for DOI 10.1146/annurev.economics.050708.143328
View details for Web of Science ID 000290636900005
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Why Do Management Practices Differ across Firms and Countries?
JOURNAL OF ECONOMIC PERSPECTIVES
2010; 24 (1): 203-224
View details for DOI 10.1257/jep.24.1.203
View details for Web of Science ID 000275435100010
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The Impact of Uncertainty Shocks
ECONOMETRICA
2009; 77 (3): 623-685
View details for DOI 10.3982/ECTA6248
View details for Web of Science ID 000266267700001
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Measuring and explaining management practices across firms and countries
QUARTERLY JOURNAL OF ECONOMICS
2007; 122 (4): 1351-1408
View details for Web of Science ID 000251506900001
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Uncertainty and the dynamics of R&D
119th Annual Meeting of the American-Economic-Association
AMER ECONOMIC ASSOC. 2007: 250–55
View details for Web of Science ID 000246986500041
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Uncertainty and investment dynamics
REVIEW OF ECONOMIC STUDIES
2007; 74 (2): 391-415
View details for Web of Science ID 000245158400002
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Competition and innovation: An inverted-U relationship
QUARTERLY JOURNAL OF ECONOMICS
2005; 120 (2): 701-728
View details for Web of Science ID 000229439000008
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Do R&D tax credits work? Evidence from a panel of countries 1979-1997
JOURNAL OF PUBLIC ECONOMICS
2002; 85 (1): 1-31
View details for Web of Science ID 000176456100001
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Patents, real options and firm performance
ECONOMIC JOURNAL
2002; 112 (478): C97-C116
View details for Web of Science ID 000174916900008