Area: Finance

Suburban neighborhood under construction
Research Brief / Real Estate

Quantitative Easing Kept the Foreclosure Crisis from Being Even Worse

The Fed’s gambit didn’t trigger a home-price recovery, but research shows it reduced subprime foreclosure risk

A man using a laptop on his kitchen table
Research Brief / Investing

Puncturing the Small-Investors-are-Bad-Investors Narrative

Individuals using the Robinhood trading app appear to beat the market

A woman deposits her vote in a sealed envelope into an official voting ballot box in Washington state.
Research Brief / Politics

Prediction Markets + Polls + Economic Indicators: Better Election Forecasting?

A model incorporating markets that allow betting on elections suggests a role in prognostications

Environmental, Social and Corporate Governance business strategy investing concept.
Research Brief / Investing

Political Football: Inclusion of ESG Funds in 401(k)s

In nation accustomed to litigation, availability of funds has varied by U.S. Circuit Court boundary

Different countries currencies in a collage format
Research Brief / Bond Market

Out of the 1990s Asian Crisis, a New Bond Market Rises

Local currency sovereign bonds transfer risk from issuer to buyer

An illustration of a man at the end of a cliff trying to pull up a coin tied to a string
Research Brief / Markets

Options Market Signals Scope of Federal Reserve Interventions

Traders see an implicit promise beyond specific asset purchases

Radio tower waves, communication tower on earth
Research Brief / Bond Market

One Way the Stock Market Sends Signals to Bond Traders

Thin stock trading, amid both price volatility and a period of potential economic change, leads bond investors to seek a higher yield

International flags and Euro sign
Research Brief / Markets

One European Country Defaults: How Hard-Hit Is the Euro?

A predictive model employs credit default swaps across currencies

Computer screen with stock trading software
Research Brief / Trading

One Data Set That Warns Against Margin Trading

As a group, Chinese futures traders more likely to suffer margin call than to profit

Research Brief / Stock Market

Often Reviled, Short Sellers Are Newly Vulnerable to the Meme Mob

A short squeeze can ripple across short sellers’ positions

Stock market ticker displays
Feature / Stock Returns

New Appreciation for a Classic Stock Market Gauge

The relationship between short- and longer-term moving averages has strong predictive power for share price returns

Illustration of a man and woman pushing grocery carts with equations and clouds as a background
Research Brief / Home Mortgages

Mortgage Prepayments: Factors beyond Interest Rate Movements

A model estimates the impact of economic variables on the pricing of prepayment risk

Downhill race with aerodynamic push cars
Research Brief / Investing

Momentum Investing: It Works, But Why?

After a quarter century of sprawling study, it’s time to narrow the focus and settle on an explanation

A woman with long hair hangs up a for sale sign
Research Question / Real Estate

Middlemen: Matchmakers or Sources of Strategic Information?

Probing that question using a database of for-sale-by-owner home listings

A gloomy seascape.
Research Brief / Corporate Finance

Looming Risk to Financial System: $1 Trillion in Commercial Loan Pools

Known as collateralized loan obligations, their aim is actually to reduce risk

A cotton field in India.
Research Brief / Economics

Locally, the Extent of British Rule in India Still Holds Back Economic Opportunity

Areas under direct rule lost the components of human capital