Latest Events & Seminars
Fifth Annual Charles Goodhart Lecture
Isabel Schnabel (ECB) will deliver the Fifth Annual Goodhart Lecture.
Pitch Day with Antler
Join us for a special guest session in the Entrepreneurial Finance class...
Yueran Ma (Chicago Booth)
Business Concentration around the World: 1900–2020
Latest News
Dirk Jenter elected as ECGI Fellow
Juanita Gonzalez Uribe's project selected for LSE-Tsinghua University Sustainability Research Fund
Tarun Ramadorai podcast episode - The Financial System is Rigged against Normal People
Financial Markets Group research profiled by the Investor Forum
Latest Publications
Biased Promotions
We present a model of biased promotions in which firm size, wages, and internal labor markets are endogenously determined in a competitive labor...
Government Arrears and Corporate Policies: Lessons from a Natural Experiment
We study how late payment in public procurement affects corporate policies by analyzing a public program that unexpectedly repaid local government...
Memory and Trading
I test the predictions of human memory models in a high-stakes trading environment. Using alphabetical rankings of stocks from portfolio statements, I...
The Co-Pricing Factor Zoo
We analyze 18 quadrillion models for the joint pricing of corporate bond and stock returns. Strikingly, we find that equity and nontradable factors...
