Latest Events & Seminars
London Behavioural Finance Group - 8th Meeting
This event is by invitation only and is organised by Cameron Peng (LSE), Pedro...
The Unanchored Central Banker
Book launch of Charles Goodhart and Manoj Pradhan’s new book The Unanchored...
Latest News
Pass-through voting: can greater investor voice strengthen sustainable stewardship?
Martin Oehmke awarded the Sudipto Bhattacharya Memorial Prize
What can investors do about climate change?
Manav Chaudhary awarded the Bank of England's Houblon-Norman and George Fellowships
Latest Publications
The Micro and Macro Dynamics of Capital Flows
We study empirically and theoretically the effects of international financial flows on resource allocation. Using the universe of firms in Hungary, we...
Margins as Canaries in the Coal Mine
Central clearing counterparties (CCPs) manage counterparty risk by requiring clearing members to post margins. This paper explores the role of margins...
How Reform Happens
What determines whether and how regulations are reformed? We use a newly constructed data set of 3,590 successful and failed regulatory reforms in 189...
Stablecoins: Policy, sovereignty and backstops
No jurisdiction can ignore stablecoins. They can be banned outright only in the most effectively authoritarian countries, or accommodated and even...