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Short Interest, Institutional Ownership, and Stock Returns
- P. Asquith, P. Pathak, J. Ritter
- Economics, Business
- 20 December 2004
Stocks are short-sale constrained when there is a strong demand to sell short and a limited supply of shares to borrow. Using data on both short interest (a proxy for demand) and institutional…
Forced Sales and House Prices
- John Y. Campbell, Stefano Giglio, P. Pathak
- Economics
- 1 April 2009
This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to the death or bankruptcy of at least one…
Accountability and Flexibility in Public Schools: Evidence from Boston's Charters And Pilots
- Atila Abdulkadiroglu, J. Angrist, Susan Dynarski, Thomas J. Kane, P. Pathak
- Economics, Education
- 1 November 2009
Charter schools are publicly funded but operate outside the regulatory framework and collective bargaining agreements characteristic of traditional public schools. In return for this freedom, charter…
Strategy-Proofness versus Efficiency in Matching with Indifferences: Redesigning the NYC High School Match
- Atila Abdulkadiroglu, P. Pathak, A. Roth
- Economics
- 1 April 2009
The design of the New York City (NYC) High School match involved tradeoffs among efficiency, stability and strategy-proofness that raise new theoretical questions. We analyze a model with…
The New York City High School Match
- Atila Abdulkadiroglu, P. Pathak, A. Roth
- Education
- 1 May 2005
We assisted the New York City Department of Education (NYCDOE) in designing a mechanism to match over 90,000 entering students to public high schools each year. This paper makes a very preliminary…
The Elite Illusion: Achievement Effects at Boston and New York Exam Schools
- Atila Abdulkadiroglu, J. Angrist, P. Pathak
- EducationSSRN Electronic Journal
- 1 July 2011
Talented students compete fiercely for seats at Boston and New York exam schools. These schools are characterized by high levels of peer achievement and a demanding curriculum tailored to each…
The Boston Public School Match
- Atila Abdulkadiroglu, P. Pathak, A. Roth, Tayfun Sönmez
- Education
- 1 May 2005
After the publication of “School Choice: A Mechanism Design Approach” by Abdulkadiroglu and Sonmez (2003), a Boston Globe reporter contacted us about the Boston Public Schools (BPS) system for…
Explaining Charter School Effectiveness
- J. Angrist, P. Pathak, Christopher R. Walters
- History, EconomicsSSRN Electronic Journal
- 1 August 2011
Lottery estimates suggest Massachusetts' urban charter schools boost achievement well beyond that of traditional urban public schools students, while nonurban charters reduce achievement from a…
Leveling the Playing Field: Sincere and Sophisticated Players in the Boston Mechanism
- P. Pathak, Tayfun Sönmez
- Economics
- 1 August 2008
Empirical and experimental evidence suggests different levels of sophistication among families in the Boston Public School student assignment plan. We analyze the preference revelation game induced…
Who Benefits from Kipp?
- J. Angrist, Susan M. Dynarski, Thomas J. Kane, P. Pathak, Christopher R. Walters
- EducationSSRN Electronic Journal
- 1 February 2010
The nation's largest charter management organization is the Knowledge is Power Program (KIPP). KIPP schools are emblematic of the No Excuses approach to public education, a highly standardized and…
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