Latest News

LSE announces launch of an Initiative in Sustainable Finance
07/03/2025

First funding awards announced from the Global Sustainability Research fund at LSE
05/08/2025
Forum on Financial Supervision
29/07/2025

Financing a Sustainable Future Podcast
20/07/2025

Péter Kondor receives Outstanding Paper Award
09/07/2025
Latest Publications
Artificial intelligence and financial crises
The rapid adoption of artificial intelligence (AI) poses new and poorly understood threats to financial stability. We use a game-theoretic model to...
DP 935
Shadow Banks on the Rise: Evidence Across Market Segments
This paper uses credit bureau data on 648 million retail loans in India to examine the comparative advantages of shadow banks across market segments...
DP 934
The Structure of Leveraged Buyouts and the Free-Rider Problem
We study the structure of public firm buyouts in a model that features both the Berle-Means problem (lack of incentives) and the Grossman-Hart problem...
DP 933
Polarization, Purpose and Profit
We present a model in which firms compete for workers who value nonpecuniary job attributes, such as purpose, sustainability, political stances, or...
DP 932