Latest Events & Seminars
Philippe van der Beck (HBS)
Capital Markets Workshop
A Bound on Price Impact and Investor Heterogeneity
Date
The Madness of Markets: Why smart investors make crazy decisions – and how to exploit them
Lecture
In his talk, Alex Edmans will reveal how mood, emotion and social contagion lead...
Date
6.30pm - 7.30pm
Latest News
Latest Publications
Institutional Constraints on Endogenous Growth
This paper argues that endogenous growth requires not merely savings and investment, but institutions that ensure investment is productivity-enhancing...
DP 982
Research highlight
Corporate Bond Multipliers: Substitutes Matter
The Review of Financial Studies, hhag082
Demand Elasticity in Dynamic Asset Pricing
The demand-system approach identifies asset demand slopes using residual supply shocks, presuming these shocks move expected returns but not risk. In...
DP 981
On the Moments of the Stochastic Discount Factor
We derive new bounds on arbitrary moments of the stochastic discount factor (SDF) that exploit the gap between the true and risk-neutral return...
DP 980
