Topic: Risk Management

A bubble refracts light and the image of a window Research Brief / Markets

Market Bubbles Aren’t Entirely Irrational Exuberance

A model examines the relationships between innovation, speculation and market values

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

Cube puzzle wooden blocks isolated on white background. Research Brief / Risk Management

Loan Pool Covenants, Meant to Contain Risk, Can Instead Spread It

Forced sale of assets could stretch illiquidity across industries

Silver line graph, bar chart and analytical trend lines on black background having stock quotes. Illustration of the concept of investment. Research Brief / Investing

Inclusion in an ETF Can Improve the Pricing of Underlying Stocks

It can also help management make capital expenditure decisions

Illustration of a character wearing a hat covering their ears Research Brief / Investing

Ignorance — About One’s Investments, Anyway — Isn’t Always Bliss

Valentin Haddad’s research looks at the phenomenon of “information aversion,” when individual investors stop tracking their portfolios for fear of bad news

New York Met Life building Research Brief / Investing

How Life Insurers Insulate the Markets from Turmoil

Valentin Haddad’s research finds that insurers’ patient investing shields risky assets — and those who hold them — from steeper declines

One green apple among a crowd of oranges. Research Brief / Competition

Has the Term ‘Competitive Advantage’ Outlived Its Usefulness?

Popular in business schools and executive suites, it’s no longer a meaningful way to compare companies

Fed Chair Jerome Powell stands at a podium and answers questions from the press Feature / Economics

Forecasting a Recession Using Easy-to-Grasp Images

A look at the shape of five variables through the last seven downturns vs. today’s numbers

Illustration of a man skiing Research Brief / Compensation

Corporate Bosses, Given Fewer Stock Options, Turn Risk-Averse

Research might give pause to corporate boards changing compensation models

3D realistic empty open and closed chrome elevator doors with buttons on White background. Research Brief / Corporate Management

CEO Succession: Execs Running a Subsidiary Offer a Balance Between Insider and Outsider

In an analysis of transitions from 1993 to 2017, they wrung more from operations facing tumult

Three arrows that get progressively bigger that each have part of the Chinese yuan in them. Research Brief / Banking

Can Banks, Disrupted by Fintech, Adopt New Habits, Too?

In China, patent data shows commercial banks’ use of new technologies helps improve efficiency and reduce risk

FDIC logo on a window Research Brief / Banking

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

Computer model of chromosomes unwinding Feature / Health Care

BRCA Mutation: New Model Quantifies How Surgeries Reduce Cancer Risk

Informed by personal experience, a researcher parses data to help those mulling mastectomy and gynecological surgeries

Illustration of a bridge made out of gears with a red connecting section in the middle Research Brief / Banking

Banks, Freed to Operate Across State Lines, Helped Stabilize the Economy

Lenders financed expansion in some markets, offsetting problems in others

A cityscape at sunset overlaid with a grid of lighted network Research Brief / Banking

Banks Transmit Financial Shocks, Including from Natural Disasters

How a localized flood may result in fewer loans to a far-off community

A man is lost in a foggy field with blue signs all around him. Research Brief / Behavioral Economics

Amateurs Struggle To Incorporate Market Signals About Pricing into Their Trades

Disregarding data, novices often sail into strong winds