Content Type: Research Brief
How an Excess of Stock Analyst Optimism Lands on Companies Least Deserving of It
Results of financially weak firms are difficult to forecast; in uncertainty, Wall Street’s views are overly generous
Chinese Investors Learn about Derivatives the Hard Way
An analysis of warrant trading reveals individuals’ poor grasp of complex securities
A Stabler Climate Means Stronger Traditions
The link between environmental stability and cultural change explains why cultures evolve
Citizens Are Not Fooled by Fake Statistics
What happened when the Argentine government lied about inflation numbers?
Do Fair Disclosure Rules Lead to More or Less Information?
Managers, forced to inform a broader audience, choose not to gather information even for themselves
Lending to Startups: Not as Risky as You’d Think
Entrepreneurs borrow between equity funding rounds with a strong record of repaying debts
Streaming Choices: Do We Follow the Big Crowd or Our Friends?
The ubiquitous community-wide customer rating is the biggest pull in helping us pick a movie or show
Calculating a Value for the Government Support Banks Enjoy
Researchers’ model could quantify the risks in the growing movement to ease up on Dodd-Frank regulations
The Limited Payoff in Auto Insurance Advertising
Ads aimed at brand awareness are shown to be more effective
What Work Experience Makes a Successful Entrepreneur?
How founders’ employment history shapes their ventures
Mortgage Prepayments: Factors beyond Interest Rate Movements
A model estimates the impact of economic variables on the pricing of prepayment risk
Single-Family Rentals: What Drives Investor Return?
A unique data set provides fresh insights for the growing institutional investor market
Crop Choices: How Price Supports Can Contribute to Healthier Diets
Well-designed subsidies can help farmers and give consumers better food choices
Sizing Up the Measurable Good of Affirmative Action
An economic model sets aside who loses and focuses on efficiency and overall growth
Financial Constraints on Intermediaries Cause Asset Mispricing
Real-world bond data reveals how the capital positions and liquidity of middlemen affect prices of securities they broker
Why Corporate Leasing Practices Deserve More Respect
Most companies use asset leasing for business reasons, not accounting window dressing