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Mark Roe
Harpooning the London Whale is no Substitute for Reform. Mark Roe, August 15, 2013, Opinion. "And so the drama moves on to a courtroom. Two prime traders in JPMorgan Chase’s “…
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Oliver Hart
Noncontractible Investments and Reference Points. Oliver Hart, August 14, 2013, Paper. "We analyze noncontractible investments in a model with shading. A seller can make an…
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Mark Roe
Clearinghouse Overconfidence. Mark Roe, August 11, 2013, Paper. "Regulatory reaction to the 2008-2009 financial crisis focused on complex financial instruments that deepened the…
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Summers’s Critics Distort His Regulatory Views. Cass Sunstein, August 6, 2013, Opinion. "A lot of public discussion takes place before the president nominates a new Federal…
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Lucian Bebchuk
The Myth of Hedge Funds as 'Myopic Activists'. Lucian Bebchuk, August 6, 2013, Opinion. "The recent increase in hedge-fund activism aimed at producing changes in business strategy…
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Hal Scott
Dodd-Frank's panic problem. Hal Scott. August 5, 2013. Opinion. "Last week, writing in POLITICO, former members of Congress Chris Dodd and Barney Frank touted the fact that the…
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Michael Toffel
Customer-Driven Misconduct: How Competition Corrupts Business Practices. Michael Toffel, August 2013, Paper. "Competition among firms yields many benefits but can also encourage…
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Andrei Shleifer
A Model of Shadow Banking. Andrei Shleifer, August 2013, Paper. "We present a model of shadow banking in which banks originate and trade loans, assemble them into diversified…
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Gwen Yu
Accounting for Crises. Gwen Yu, August 1, 2013, Paper. "We provide one of the first empirical evidence consistent with recent macro global-game crisis models, which show that the…
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Edward Glaeser
Postmortem for a Housing Crash. Edward Glaeser, August 2013, Book Chapter. "This chapter begins with a brief review of how America's housing market crash damaged received…