Latest Events & Seminars
Fifth Annual Charles Goodhart Lecture
Isabel Schnabel (ECB) will deliver the Fifth Annual Goodhart Lecture.
Democratizing Private Markets
Join us for a special guest session in the Entrepreneurial Finance class...
Juliane Bergenau (Stanford)
Interest Rate Risk and Cross-Sectional Effects of Micro-Prudential Regulation
Venture Capital in Transition: AI, Geopolitics, and the Next Wave of Innovation
Join us for a special guest session in the Entrepreneurial Finance class...
Latest News
Dr Hyun Song Shin nominated as Governor of the Bank of Korea
Vacancy: Research Assistant - LSE Financial Opportunities Programme
Dirk Jenter elected as ECGI Fellow
Juanita Gonzalez Uribe's project selected for LSE-Tsinghua University Sustainability Research Fund
Latest Publications
Price discovery with a richer market microstructure noise
We show that the standard econometric framework typically yields inconsistent estimates of price discovery measures in the presence of richer market...
Time-varying price discovery
We formulate a price discovery model in which the price discovery measures vary either locally, say, for instance, at intervals of 30 minutes or at a...
Biased Promotions
We present a model of biased promotions in which firm size, wages, and internal labor markets are endogenously determined in a competitive labor...
Government Arrears and Corporate Policies: Lessons from a Natural Experiment
We study how late payment in public procurement affects corporate policies by analyzing a public program that unexpectedly repaid local government...