Economic Catastrophe Bonds. Joshua D. Coval, Erik Stafford, June 2009, Paper. "The central insight of asset pricing is that a…
It may take a few months or a couple of years, but one way or another the United States and other advanced economies will eventually…
Understanding Inflation-Indexed Bond Markets. John Campbell, Luis Viceira, May 3, 2009, Paper. "This paper explores the history of…
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What a difference the crisis has made for the International Monetary Fund. It was just a few months ago that this important but unloved…
Here We Go Again. Ricardo Hausmann, Spring 2009, Opinion. "Just when Latin America seemed to have overcome its chronic boom-bust…
We use an experiment to estimate the effect of the SEC's Summary Prospectus, which simplifies mutual fund disclosure. Our subjects chose an…
We use an experiment to estimate the effect of the SEC’s Summary
Prospectus, which simplifies mutual fund disclosure. Our subjects chose an…
In this recession, we seek the boogeyman. If we can identify a villain, the recourse is simple: Slay it (or neutralize it or bail it out).…