Latest Events & Seminars
Rebooting Financial Regulation: Ways and Means
This is a two-day event in collaboration with the National Institute of Securities Markets (NISM) of India
Marcin Kacperczyk (Imperial College London)
Carbon Emissions and the Bank-Lending Channel
The Power Law: venture capital and the art of disruption
A Systemic Risk Centre hybrid public lecture and book launch with Sebastian...
Latest News
Latest Publications
High-frequency Trading in the Stock Market and the Costs of Option Market Making
Using a comprehensive panel of 2,969,829 stock-day data provided by the Securities and Exchange Commission (MIDAS), we find that HFT activity in the...
How global risk perceptions affect economic growth
The relationship between financial risk and economic growth is complex. This column finds that perceptions of high risk unambiguously harm growth...
Municipal Bond Insurance and the U.S. Drinking Water Crisis
We show that the collapse of the municipal bond insurance industry plays an important, but previously overlooked, role in driving regional variation...
A Theory of Socially Responsible Investment
We characterize necessary conditions for socially responsible investors to impact firm behavior in a setting in which firm production generates social...
