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Academic journals

Volatility and dark trading: Evidence from the Covid-19 pandemic

The British Accounting Review, 55 (4),101171

July 2023
Gbenga Ibikunle
Khaladdin Rzayev

Opinion Pieces

The role of finance in improving household health

Increased access to financial services after the expansion of banks in India improved household health outcomes.

June 2023
Kim Fe Cramer

Discussion Papers

Environmental Lobbying, Innovation, and the Green Transition

The competitive challenges and regulatory uncertainty associated with the green transition incentivize firms to both innovate and influence...

June 2023
DP 877
Sungjoung Kwon
Michelle Lowry
Michela Verardo

Opinion Pieces

The legacy of cryptocurrencies

Crypto-promoters and financial authorities are split on the future of cryptocurrencies. Should crypto join the mainstream or remain in the wilderness...

June 2023
Jón Danielsson

Discussion Papers

Timing Complex News to Target Attention

Investors have limited and time-varying attention. These constraints are heterogeneous across investors, which can create asymmetric information and...

June 2023
DP 876
Vicente Cuñat
Moqi Groen-Xu

Opinion Pieces

The gap between law and practice in gender rights

In the past century, legal reforms for women’s rights improved economic and social outcomes for women and for society as a whole around the world...

June 2023
Simeon Djankov

Discussion Papers

The Halting Gender Reforms in Burundi

In the sixty years since its independence Burundi has taken some steps to improve the legal standing of women in the economy and society. These steps...

May 2023
DP 875
Ranjana Sinha
Simeon Djankov

Academic journals

Implied Dividend Volatility and Expected Growth

AEA Papers and Proceedings, 111, 361-65

May 2023
Niels J. Gormsen
Ralph S.J. Koijen
Ian Martin

Academic journals

Targeted Product Design

American Economic Journal: Microeconomics, 15 (2), 157-86.

May 2023
Heski Bar-Isaac
Guillermo Caruana
Vicente Cuñat

Research highlight

Academic journals

Why Do Boards Exist? Governance Design in the Absence of Corporate Law

Review of Financial Studies, 36 (5),1788–1836

May 2023
Mike Burkart
Salvatore Miglietta
Charlotte Ostergaard

Discussion Papers

Gender Legal Reform in Zimbabwe: Wanting

Zimbabwe has introduced some legal reforms towards women’s rights in the first three dozen years since its independence in 1980, though these changes...

April 2023
DP 874
Ranjana Sinha
Simeon Djankov

Discussion Papers

Personality Differences and Investment Decision-Making

We survey thousands of affluent American investors to examine the relationship between personalities and investment decisions. The Big Five...

April 2023
DP 873
Zhengyang Jiang
Cameron Peng
Hongjun Yan

Academic journals

Private companies: the missing link on the path to net zero

Journal of Corporate Law Studies, 22 (2), 887–929

April 2023
Alperen Gözlügöl
Wolf-Georg Ringe

Academic journals

Options-based systemic risk, financial distress, and macroeconomic downturns

Journal of Financial Markets, 65, 100834

April 2023
Mattia Bevilacqua
Radu Tunaru
Davide Vioto

Academic journals

Asset Management as Creator of Market Inefficiency

Atlantic Economic Journal, 51, 1–11

April 2023
Dimitri Vayanos
Paul Woolley

Discussion Papers

Bank Presence and Health

This paper demonstrates that increasing bank presence in underserved areas can substantially improve households’ health. I apply a regression...

April 2023
DP 872
Kim Fe Cramer

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From values to impact: what can sustainable investing achiev ...

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Risk and Return in Government Bonds

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Equilibrium Spillover of Big Data

Inflation Expectations and Stock Returns

Platform Money

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