Topic: Finance
A Shocking Tale of Sovereign Default and Private Contracts Nullified
Sebastian Edwards brings to life a widely forgotten chapter of U.S. history starring FDR, his no-name economist and the demise of the gold standard
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
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
Mortgage Prepayments: Factors beyond Interest Rate Movements
A model estimates the impact of economic variables on the pricing of prepayment risk
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
How Very Small Stocks Skew Investing Wisdom
Well-known market anomalies are largely absent among the biggest stocks
Does Big News Drown Out Corporate Earnings Disclosures?
Henry Friedman’s research finds, surprisingly, that major economic news actually heightens attention paid to company announcements
Boo! Does Merely Mentioning an Audit Increase Taxpayer Compliance?
Research undermines the notion that companies coldly calculate tax avoidance
Bringing a Sharper Focus to the Study of the Decline of Investment Diversification
Research measures the impact of global economic factors on returns