Showing results 1 - 10 of 37
July 14, 2025, Paper: "This article surveys the literature on the historical growth and transformation of the US financial sector. The sector expanded rapidly between 1980 and…
2024, Paper: "This article surveys the literature on the historical growth and transformation of the U.S. financial sector. The sector expanded rapidly between 1980 until 2006,…
October 4, 2024, Video: "The IEO Seminar Series hosted a conversation with Professors Jon Danielsson (The London School of Economics and Political Science (LSE)) and Robin…
August 22, 2024, Interview: "While fears about slowing economic growth have roiled stock markets in recent weeks, credit markets remain stable and bullish, and a recession hasn't…
October 2023, Paper: "We survey the growing literature emphasizing the role that supply-and-demand forces play in shaping the term structure of interest rates. Our starting point…
2023, Paper: "We develop a model in which specialized bond investors must absorb shocks to the supply and demand for long-term bonds in two currencies. Since long-term bonds and…
January 2023, Paper: "We study the stock market effects of the arrival of the three rounds of “stimulus checks” to U.S. taxpayers and the single round of direct payments to Hong…
2022, Paper: "The abnormal return associated with a stock being added to the S&P 500 has fallen from an average of 3.4% in the 1980s and 7.6% in the 1990s to 0.8% over the…
September 23, 2020, Paper: "Debt and rent moratoria or deferrals, potentially subsidized by taxpayers, are among a range of policies that could help small businesses avoid…
June 2020, Paper: "Using historical data on post-war financial crises around the world, we show that crises are substantially predictable. The combination of rapid credit and…