Shallow Meritocracy
Meritocracies aspire to reward hard work and promise not to judge individuals by the circumstan…
Sustainable finance versus environmental…
Our paper analyzes whether a planner should design a taxonomy for sustainable investment produc…
Non-Standard Errors
In statistics, samples are drawn from a population in a data-generating process (DGP). Standard…
The Art of Slowness: Slow Motion Enhances…
Slow motion is a popular video editing tool used to enhance short-form videos (e.g., reels, sto…
What Moves Markets?
What share of asset price movements is driven by news? We build a large, time-stamped event dat…
The Carrot and the Stick: Bank Bailouts…
We empirically examine the Capital Purchase Program (CPP) used by the U.S. government to bail o…