Auditor Lobbying on Accounting Standards. Abigail M. Allen, Karthik Ramanna, December 22, 2014, Paper. "We examine how Big N…
Large Banks and the Transmission of Financial Shocks, Victoria Ivashina, December 15, 2014, Paper, We explore the role of large…
The Risk Anomaly Tradeoff of Leverage. Malcolm Baker, December 14, 2014, Paper. "The “low risk anomaly” refers to the empirical pattern…
The political economy of adjustment and rebalancing, Jeffry Frieden, December 2, 2014, Paper. "Debt and balance of payments crises are…
In this paper, we study how the terms of access to an incumbent’s infrastructure (i.e., the level of access and price) affect an entrant’s…
Neglected Risks: The Psychology of Financial Crises, Andrei Shleifer, December 2014, Paper, Financial crises are supposed to be…
Private Equity, Jobs, and Productivity. Josh Lerner, 2014, Paper. "Private equity critics claim that leveraged buyouts bring huge job…
The Demand for Short-Term, Safe Assets and Financial Stability: Some Evidence and Implications for Central Bank Policies. Jeremy Stein,…
The Fed’s Culture War. Mark Roe, November 20, 2014, Opinion. "At a closed-door conference attended by senior bankers, regulators, and…
State Ownership and Firm-level Performance, Aldo Musacchio, November 14, 2014, Paper. "State-owned enterprises (SOEs) remain…