Rabu, 30 November 2016

The Stock Market and Bank Risk-Taking

A focus on short-term stock prices induces publicly traded banks to increase risk relative to privately-held banks, according to this paper by Antonio Falato and David Scharfstein.

Where Could More Regulation Help Small Businesses? Online Lending.

The regulatory system overseeing the financial technology industry is a tangle of multiple agencies and inconsistent rules. Karen Mills and Brayden McCarthy propose a six-point plan to regulate online lending.

Selasa, 29 November 2016

Fiscal Risk and the Portfolio of Government Programs

Samuel G. Hanson, David S. Scharfstein, and Adi Sunderam develop a new model for government cost-benefit analysis, showing that distortionary taxation impacts the optimal scale and pricing of government programs.

Senin, 28 November 2016

Challenging the Belief that Liability Laws Kill Medical Device Innovation

Many policymakers believe lliability laws need reforming so that medical device makers are free to innovate without threat of costly lawsuits. But new research by Hong Luo and Alberto Galasso suggests innovation is not thwarted--just rechanneled.

Jumat, 25 November 2016

Kamis, 24 November 2016

Explaining the Persistence of Gender Inequality: The Work-Family Narrative as a Social Defense against the 24/7 Work Culture

This study by Irene Padavic, Robin J. Ely, and Erin M. Reid argues that women's advancement is slowed because of social defenses at the organizational level, along with wider cultural beliefs that are resistant to change.

Selasa, 22 November 2016

November 22, 2016

Résumé whitening ... Breakfast at the Paramount ... AnswerDash looks for answers.