Latest Events & Seminars
Diversity in Venture Capital
Join us for a special guest session in the Entrepreneurial Finance class...
Valentin Haddad (UCLA)
Asset Purchase Rules: How QE Transformed the Bond Market
Fifth Annual Charles Goodhart Lecture
Isabel Schnabel (ECB) will deliver the Fifth Annual Goodhart Lecture.
Latest News
Tarun Ramadorai podcast episode - The Financial System is Rigged against Normal People
Financial Markets Group research profiled by the Investor Forum
Manav Chaudhary receives SFS Arthur Warga Award
Podcast: The Forum on Financial Supervision
GSoS Launch Report showcases first six months of sustainability action
Latest Publications
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...
Debt and Deficits: Fiscal Analysis with Stationary Ratios
We introduce a measure of a government’s fiscal position that exploits cointegrating relationships among fiscal variables. The measure is a loglinear...