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Austan Goolsbee

Researcher at University of Chicago

Publications -  115
Citations -  8699

Austan Goolsbee is an academic researcher from University of Chicago. The author has contributed to research in topics: The Internet & Investment (macroeconomics). The author has an hindex of 41, co-authored 114 publications receiving 8032 citations. Previous affiliations of Austan Goolsbee include American Bar Foundation & National Bureau of Economic Research.

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Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry

TL;DR: In this paper, the authors provide empirical evidence on how Internet comparison shopping sites affected the prices of life insurance in the 1990s, and suggest that the growth of the Internet has reduced term life prices by 8-15 percent.
Journal ArticleDOI

Measuring Prices and Price Competition Online: Amazon.com and BarnesandNoble.com

TL;DR: In this paper, the authors used publicly available data on the sales ranks of about 20,000 books to derive quantity proxies at the two leading online booksellers, and matched this information to prices, directly estimating the elasticities of demand facing both merchants as well as creating a price index for online books.
Journal ArticleDOI

Fear, lockdown, and diversion: Comparing drivers of pandemic economic decline 2020

TL;DR: Examining the drivers of the economic slowdown using cellular phone records data on customer visits to more than 2.25 million individual businesses across 110 different industries suggests that legal shutdown orders account for only a modest share of the massive changes to consumer behavior.
ReportDOI

Does Government R&D Policy Mainly Benefit Scientists and Engineers?

TL;DR: The authors showed that government R&D spending raises wages significantly, particularly for scientists related to defense such as physicists and aeronautical engineers, and they also imply that by altering the wages of scientists and engineers, government funding directly crowds out private inventive activity.
Posted Content

The Consumer Gains from Direct Broadcast Satellites and the Competition with Cable Television

TL;DR: In this paper, the authors examined the welfare gains of Direct Broadcast Satellites as an alternative to cable television and found that the direct welfare gain to satellite buyers averaged about $50 dollars per year or approximately $450 million annually in the aggregate.