Author Page for Scott R. Baker

Northwestern University, Kellogg School of Management, Department of Finance, Advanced Projects & Applied Research in FintechColumbia University - Columbia Business School, Finance, Aarhus University - Department of Finance, Columbia University - Columbia Business School and University of Chicago

Downloads 965 (39,733)

Citation 14

Abstract:

How Does Household Spending Respond to an Epidemic? Consumption During the 2020 Covid-19 Pandemic

NBER Working Paper No. w26949

Number of pages: 35 Posted: 06 Apr 2020 Last Revised: 19 Feb 2023

Scott R. Baker, R. Farrokhnia, Steffen Meyer, Michaela Pagel and Constantine Yannelis

Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, Aarhus University - Department of Finance, Columbia University - Columbia Business School and University of Chicago

Downloads 54 (628,237)

Citation 60

Abstract:

4.

Debt and the Consumption Response to Household Income Shocks

Number of pages: 54 Posted: 28 Feb 2015

Scott R. Baker

Northwestern University, Kellogg School of Management, Department of Finance

Downloads 726 (59,556)

Citation 76

Abstract:

5.

Effects of Immigrant Legalization on Crime: The 1986 Immigration Reform and Control Act

Stanford Law and Economics Olin Working Paper No. 412

Number of pages: 46 Posted: 04 May 2011 Last Revised: 01 Aug 2014

Scott R. Baker

Northwestern University, Kellogg School of Management, Department of Finance

Downloads 707 (61,692)

Citation 8

Abstract:

6.

The Impact of Unemployment Insurance on Job Search: Evidence from Google Search Data

Number of pages: 45 Posted: 15 Apr 2013 Last Revised: 02 Aug 2016

Scott R. Baker and Andrey Fradkin

Northwestern University, Kellogg School of Management, Department of Finance and Boston University - Questrom School of Business

Downloads 604 (75,346)

Citation 26

Abstract:

7.

Income Changes and Consumption: Evidence from the 2013 Federal Government Shutdown

Number of pages: 49 Posted: 09 Mar 2015

Scott R. Baker and Constantine Yannelis

Northwestern University, Kellogg School of Management, Department of Finance and University of Chicago

Downloads 515 (91,886)

Citation 34

Abstract:

8.

Shopping for Lower Sales Tax Rates

Downloads 441 (110,914)

Citation 22

2

Shopping for Lower Sales Tax Rates

Number of pages: 67 Posted: 06 Jan 2017 Last Revised: 14 May 2020

Scott R. Baker, Stephanie Johnson and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance, Rice University, Jones School of Business and Swiss Finance Institute

Downloads 419 (116,679)

Citation 18

Abstract:

Shopping for Lower Sales Tax Rates

NBER Working Paper No. w23665

Number of pages: 59 Posted: 17 Aug 2017 Last Revised: 01 Mar 2023

Scott R. Baker, Stephanie Johnson and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance, Rice University, Jones School of Business and Swiss Finance Institute

Downloads 22 (861,812)

Abstract:

9.

Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments

Downloads 362 (138,718)

Citation 19

2

Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-55

Number of pages: 66 Posted: 28 Apr 2020 Last Revised: 16 Sep 2020

Scott R. Baker, R. Farrokhnia, Steffen Meyer, Michaela Pagel and Constantine Yannelis

Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, Aarhus University - Department of Finance, Columbia University - Columbia Business School and University of Chicago

Downloads 289 (175,245)

Citation 1

Abstract:

Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments

NBER Working Paper No. w27097

Number of pages: 66 Posted: 05 May 2020 Last Revised: 15 Jan 2023

Scott R. Baker, R. Farrokhnia, Steffen Meyer, Michaela Pagel and Constantine Yannelis

Northwestern University, Kellogg School of Management, Department of Finance, Columbia University - Columbia Business School, Aarhus University - Department of Finance, Columbia University - Columbia Business School and University of Chicago

Downloads 73 (536,206)

Citation 20

Abstract:

10.

Economic Uncertainty Before and During the COVID-19 Pandemic

Downloads 95 (163,657)

Citation 68

1

Economic Uncertainty Before and During the Covid-19 Pandemic

NBER Working Paper No. w27418

Number of pages: 26 Posted: 22 Jun 2020 Last Revised: 02 Jun 2023

David Altig, David Altig, Scott R. Baker, Jose Barrero, Nicholas Bloom, Philip Bunn, Scarlet Chen, Steven J. Davis, Julia Leather, Brent Meyer, Emil Mihaylov, Paul Mizen, Nicholas Parker, Thomas Renault, Pawel Smietanka and Gregory Thwaites

Federal Reserve Banks - Federal Reserve Bank of AtlantaFederal Reserve Bank of Cleveland, Northwestern University, Kellogg School of Management, Department of Finance, Instituto Tecnológico Autónomo de México (ITAM), Stanford University - Department of Economics, Bank of England, Stanford University, University of Chicago, University of Nottingham - School of Economics, Federal Reserve Banks - Federal Reserve Bank of Atlanta, Federal Reserve Banks - Federal Reserve Bank of Dallas, University of Nottingham, Federal Reserve Banks - Federal Reserve Bank of Atlanta, Université Paris I Panthéon-Sorbonne - Centre d'Economie de la Sorbonne (CES), Bank of England and London School of Economics & Political Science (LSE) - London School of Economics

Downloads 95 (455,488)

Abstract:

11.

Policy News and Stock Market Volatility

Downloads 301 (168,933)

Citation 16

2

Policy News and Stock Market Volatility

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2019-53

Number of pages: 78 Posted: 02 Apr 2019 Last Revised: 31 Jan 2022

Scott R. Baker, Nicholas Bloom, Steven J. Davis and Kyle Kost

Northwestern University, Kellogg School of Management, Department of Finance, Stanford University - Department of Economics, University of Chicago and University of Chicago

Downloads 269 (188,698)

Citation 9

Abstract:

Policy News and Stock Market Volatility

NBER Working Paper No. w25720

Number of pages: 54 Posted: 01 Apr 2019 Last Revised: 12 Apr 2023

Scott R. Baker, Nicholas Bloom, Steven J. Davis and Kyle Kost

Northwestern University, Kellogg School of Management, Department of Finance, Stanford University - Department of Economics, University of Chicago and University of Chicago

Downloads 32 (775,211)

Citation 2

Abstract:

12.

Correlation in State and Local Tax Changes

Downloads 231 (220,265)

Citation 1

2

Correlation in State and Local Tax Changes

Swiss Finance Institute Research Paper No. 20-115

Number of pages: 36 Posted: 10 Aug 2020 Last Revised: 23 May 2023

Scott R. Baker, Pawel Janas and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance, Kellogg School of Management - Department of Finance and Swiss Finance Institute

Downloads 216 (234,070)

Abstract:

Correlation in State and Local Tax Changes

Number of pages: 34 Posted: 10 May 2023

Pawel Janas, Scott R. Baker and Lorenz Kueng

California Institute of Technology, Northwestern University, Kellogg School of Management, Department of Finance and Università della Svizzera italiana

Downloads 15 (931,132)

Abstract:

13.

The Unprecedented Stock Market Impact of Covid-19

NBER Working Paper No. w26945

Number of pages: 24 Posted: 06 Apr 2020 Last Revised: 15 Feb 2023

Scott R. Baker, Nicholas Bloom, Steven J. Davis, Kyle Kost, Marco Sammon and Tasaneeya Viratyosin

Northwestern University, Kellogg School of Management, Department of Finance, Stanford University - Department of Economics, University of Chicago, University of Chicago, Harvard Business School and University of Pennsylvania

Downloads 226 (224,967)

Citation 78

Abstract:

14.

Financial Returns to Household Inventory Management

Downloads 207 (245,164)

3

Financial Returns to Household Inventory Management

Swiss Finance Institute Research Paper No. 20-114

Number of pages: 55 Posted: 08 Oct 2020 Last Revised: 21 Jul 2021

Scott R. Baker, Stephanie Johnson and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance, Rice University, Jones School of Business and Swiss Finance Institute

Downloads 197 (256,089)

Abstract:

Financial Returns to Household Inventory Management

NBER Working Paper No. w27740

Number of pages: 88 Posted: 31 Aug 2020 Last Revised: 18 May 2023

Scott R. Baker, Stephanie Johnson and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance, Rice University, Jones School of Business and Swiss Finance Institute

Downloads 9 (993,479)

Abstract:

Financial Returns to Household Inventory Management

CEPR Discussion Paper No. DP15191

Number of pages: 49 Posted: 12 Sep 2020

Scott R. Baker, Stephanie Johnson and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance, Rice University, Jesse H. Jones Graduate School of Business, Department of Statistics, Students and Swiss Finance Institute

Downloads 1 (1,065,337)

Add to Cart

Abstract:

15.

State-Level Economic Policy Uncertainty

Downloads 199 (254,227)

Citation 6

3

State-Level Economic Policy Uncertainty

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-21

Number of pages: 63 Posted: 03 Feb 2022 Last Revised: 03 Aug 2022

Steven J. Davis, Jeffrey A. Levy and Scott R. Baker

University of Chicago, University of Chicago - Harris School of Public Policy and Northwestern University, Kellogg School of Management, Department of Finance

Downloads 133 (356,190)

Abstract:

State-Level Economic Policy Uncertainty

NBER Working Paper No. w29714

Number of pages: 63 Posted: 25 Feb 2022 Last Revised: 11 Mar 2023

Scott R. Baker, Steven J. Davis and Jeffrey A. Levy

Northwestern University, Kellogg School of Management, Department of Finance, University of Chicago and University of Chicago - Harris School of Public Policy

Downloads 38 (729,704)

Abstract:

State-Level Economic Policy Uncertainty

IZA Discussion Paper No. 15156

Number of pages: 52 Posted: 23 May 2022

Scott R. Baker, Steven J. Davis and Jeffrey A. Levy

Northwestern University, Kellogg School of Management, Department of Finance, University of Chicago and University of Chicago - Harris School of Public Policy

Downloads 28 (816,663)

Citation 5

Abstract:

16.

Customer Churn and Intangible Capital

Number of pages: 78 Posted: 20 May 2020 Last Revised: 31 Oct 2022

Scott R. Baker, Brian Baugh and Marco Sammon

Northwestern University, Kellogg School of Management, Department of Finance, University of Nebraska at Lincoln and Harvard Business School

Downloads 160 (306,044)

Abstract:

17.

Using Disasters to Estimate the Impact of Uncertainty

NBER Working Paper No. w27167

Number of pages: 42 Posted: 18 May 2020 Last Revised: 26 Mar 2023

Scott R. Baker, Nicholas Bloom and Stephen Terry

Northwestern University, Kellogg School of Management, Department of Finance, Stanford University - Department of Economics and Boston University

Downloads 131 (359,249)

Citation 16

Abstract:

18.

Do Household Finances Constrain Unconventional Fiscal Policy?

Downloads 111 (405,898)

Citation 6

3

Do Household Finances Constrain Unconventional Fiscal Policy?

Swiss Finance Institute Research Paper No. 20-32

Number of pages: 37 Posted: 09 Oct 2018 Last Revised: 04 May 2020

Scott R. Baker, Lorenz Kueng, Leslie McGranahan and Brian Melzer

Northwestern University, Kellogg School of Management, Department of Finance, Swiss Finance Institute, Federal Reserve Bank of Chicago and Dartmouth College - Tuck School of Business

Downloads 68 (558,135)

Abstract:

Do Household Finances Constrain Unconventional Fiscal Policy?

FRB of Chicago Working Paper No. WP-2018-16

Number of pages: 36 Posted: 10 Dec 2018 Last Revised: 29 Apr 2020

Scott R. Baker, Lorenz Kueng, Leslie McGranahan and Brian Melzer

Northwestern University, Kellogg School of Management, Department of Finance, Swiss Finance Institute, Federal Reserve Bank of Chicago and Dartmouth College - Tuck School of Business

Downloads 28 (808,146)

Abstract:

Do Household Finances Constrain Unconventional Fiscal Policy?

NBER Working Paper No. w25212

Number of pages: 36 Posted: 05 Nov 2018 Last Revised: 22 May 2023

Scott R. Baker, Lorenz Kueng, Leslie McGranahan and Brian Melzer

Northwestern University, Kellogg School of Management, Department of Finance, Swiss Finance Institute, Federal Reserve Bank of Chicago and Dartmouth College - Tuck School of Business

Downloads 15 (931,132)

Abstract:

19.

Income Fluctuations and Firm Choice

Swiss Finance Institute Research Paper No. 20-29

Number of pages: 46 Posted: 04 Mar 2020 Last Revised: 04 May 2020

Scott R. Baker, Brian Baugh and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance, University of Nebraska at Lincoln and Swiss Finance Institute

Downloads 109 (411,241)

Abstract:

20.

Expectation Formation Following Large Unexpected Shocks

Review of Economics and Statistics, Forthcoming

Number of pages: 56 Posted: 19 Mar 2018 Last Revised: 16 Apr 2020

Scott R. Baker, Tucker McElroy and Xuguang Simon Sheng

Northwestern University, Kellogg School of Management, Department of Finance, U.S. Census Bureau - Center for Statistical Research and Methodology and American University

Downloads 108 (416,668)

Citation 7

Abstract:

21.

Covid-Induced Economic Uncertainty

NBER Working Paper No. w26983

Number of pages: 17 Posted: 13 Apr 2020 Last Revised: 25 Mar 2023

Scott R. Baker, Nicholas Bloom, Steven J. Davis and Stephen Terry

Northwestern University, Kellogg School of Management, Department of Finance, Stanford University - Department of Economics, University of Chicago and Boston University

Downloads 86 (481,201)

Citation 43

Abstract:

22.

Does Uncertainty Reduce Growth? Using Disasters as Natural Experiments

NBER Working Paper No. w19475

Number of pages: 34 Posted: 28 Sep 2013 Last Revised: 20 Mar 2022

Scott R. Baker and Nicholas Bloom

Northwestern University, Kellogg School of Management, Department of Finance and Stanford University - Department of Economics

Downloads 80 (502,479)

Citation 6

Abstract:

23.

Corporate Taxes and Retail Prices

NBER Working Paper No. w27058

Number of pages: 61 Posted: 28 Apr 2020 Last Revised: 08 Jun 2023

Scott R. Baker, Stephen Teng Sun and Constantine Yannelis

Northwestern University, Kellogg School of Management, Department of Finance, City University of Hong Kong (CityU) - Department of Economics and Finance and University of Chicago

Downloads 71 (537,721)

Abstract:

24.

Measuring Customer Churn and Interconnectedness

NBER Working Paper No. w27707

Number of pages: 56 Posted: 17 Aug 2020 Last Revised: 17 Mar 2023

Scott R. Baker, Brian Baugh and Marco Sammon

Northwestern University, Kellogg School of Management, Department of Finance, Univeristy of Nebraska at Lincoln (UNL) - Department of Finance and Harvard Business School

Downloads 68 (550,376)

Citation 1

Abstract:

25.

Why Has U.S. Policy Uncertainty Risen Since 1960?

NBER Working Paper No. w19826

Number of pages: 17 Posted: 17 Jan 2014 Last Revised: 05 Mar 2023

Scott R. Baker, Nicholas Bloom, Brandice Canes-Wrone, Brandice Canes-Wrone, Steven J. Davis and Jonathan Rodden

Northwestern University, Kellogg School of Management, Department of Finance, Stanford University - Department of Economics, Princeton University - Department of Political SciencePrinceton University - Department of Political Science, University of Chicago and Stanford University

Downloads 61 (581,646)

Citation 32

Abstract:

26.

Measurement Error in Imputed Consumption

Downloads 25 (808,919)

Citation 1

2

Measurement Error in Imputed Consumption

NBER Working Paper No. w25078

Number of pages: 37 Posted: 24 Sep 2018 Last Revised: 10 Jul 2023

Scott R. Baker, Lorenz Kueng, Steffen Meyer and Michaela Pagel

Northwestern University, Kellogg School of Management, Department of Finance, Swiss Finance Institute, Aarhus University - Department of Finance and Columbia University - Columbia Business School

Downloads 25 (834,174)

Citation 1

Abstract:

Measurement Error in Imputed Consumption

Posted: 24 May 2018

Scott R. Baker, Lorenz Kueng, Michaela Pagel and Steffen Meyer

Northwestern University, Kellogg School of Management, Department of Finance, Swiss Finance Institute, Columbia University - Columbia Business School and Aarhus University - Department of Finance

Abstract:

27.

Household Financial Transaction Data

Downloads 22 (834,828)

Citation 9

2

Household Financial Transaction Data

Annual Review of Economics, Vol. 14, pp. 47-67, 2022

Posted: 31 Aug 2022

Scott R. Baker and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance and Università della Svizzera italiana

Abstract:

Household Financial Transaction Data

NBER Working Paper No. w29027

Number of pages: 36 Posted: 19 Jul 2021 Last Revised: 24 Apr 2023

Scott R. Baker and Lorenz Kueng

Northwestern University, Kellogg School of Management, Department of Finance and Swiss Finance Institute

Downloads 22 (861,812)

Citation 9

Abstract:

28.

Elections, Political Polarization, and Economic Uncertainty

NBER Working Paper No. w27961

Number of pages: 26 Posted: 19 Oct 2020 Last Revised: 27 May 2023

Scott R. Baker, Aniket Baksy, Aniket Baksy, Nicholas Bloom, Steven J. Davis and Jonathan Rodden

Northwestern University, Kellogg School of Management, Department of Finance, Delhi University Enclave - St Stephen's CollegeLondon School of Economics, Stanford University - Department of Economics, University of Chicago and Stanford University

Downloads 18 (871,427)

Abstract:

29.

What Triggers Stock Market Jumps?

NBER Working Paper No. w28687

Number of pages: 76 Posted: 19 Apr 2021 Last Revised: 21 May 2023

Scott R. Baker, Nicholas Bloom, Steven J. Davis and Marco Sammon

Northwestern University, Kellogg School of Management, Department of Finance, Stanford University - Department of Economics, University of Chicago and Harvard Business School

Downloads 17 (880,748)

Abstract:

30.

The Effects of Cryptocurrency Wealth on Household Consumption and Investment

NBER Working Paper No. w31445

Number of pages: 65 Posted: 10 Jul 2023 Last Revised: 24 Jul 2023

Darren Aiello, Scott R. Baker, Tetyana Balyuk, Marco Di Maggio, Mark J. Johnson and Jason D. Kotter

Brigham Young University, Northwestern University, Kellogg School of Management, Department of Finance, Emory University - Goizueta Business School, Harvard Business School, Brigham Young University - Department of Finance and Brigham Young University - Department of Finance

Downloads 6 (984,442)

Add to Cart

Abstract:

31.

Fertility and Savings: The Effect of China's Two-Child Policy on Household Savings

NBER Working Paper No. w29856

Number of pages: 59 Posted: 21 Mar 2022 Last Revised: 14 Apr 2023

Scott R. Baker, Efraim Benmelech, Zhishu Yang and Qi Zhang

Northwestern University, Kellogg School of Management, Department of Finance, Northwestern University - Kellogg School of Management, Tsinghua University - School of Economics & Management and Independent

Downloads 5 (992,395)

Add to Cart

Scott R. Baker

National Bureau of Economic Research (NBER)

31

Top 6,507

11,453

Top 121

4,558

1,273

Scholarly Papers (31)

Abstract:

Abstract:

Measuring Economic Policy Uncertainty

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Financial Returns to Household Inventory Management

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

The Effects of Cryptocurrency Wealth on Household Consumption and Investment

Abstract:

Fertility and Savings: The Effect of China's Two-Child Policy on Household Savings

Abstract: