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Who Wants to Be First Mate On a Sinking Ship?

Companies in financial distress have trouble attracting the talent they need to right themselves

Researchers: Jennifer Brown and David A. Matsa

March 13, 2013


To Rally Your Base, Buy Air Time

How political advertising is a zero-sum game.

Researchers: Jörg L. Spenkuch and David Toniatti

January 4, 2016

Politics & Elections

Do Former Soldiers Make Better CEOs?

Chief executives with military experience perform better under pressure and are much less likely to commit corporate fraud

Researchers: Efraim Benmelech and Carola Frydman

February 3, 2014


Why Do Trainees Get Stuck with So Much Grunt Work?

There must be faster ways to get them up to speed. Yet grueling apprenticeships persist in medicine, law, and the trades.

Researchers: Drew Fudenberg and Luis Rayo

December 4, 2018


Measuring the Impact of Dodd–Frank on Household Leverage

The regulation’s attempt to prevent people from taking on mortgages they can’t repay may not work as intended.

Researchers: Anthony DeFusco, Stephanie Johnson and John Mondragon

December 1, 2017


Is Your Household Liquid Enough?

Ample cash reserves aid households when faced with the unexpected.

Researchers: Scott R. Baker

December 1, 2014

Finance & Accounting

How Malls Die—and How Your Business Could Be Next

When retail-store locations go under, they drag nearby stores down too.

Researchers: Efraim Benmelech, Nittai K. Bergman, Anna Milanez and Vladimir Mukharlyamov

October 6, 2014

Finance & Accounting

Do High-Frequency Traders Deserve Their Bad Rap?

Though suspicions abound, HFTs generally help markets function and grow.

Researchers: Robert Korajczyk and Dermot Murphy

November 2, 2015

Finance & Accounting

Why Are We So Quick to Borrow When the Value of Our Home Rises?

The reason isn’t as simple as just feeling wealthier.

Researchers: Anthony DeFusco

February 3, 2017

Finance & Accounting

How Do People Respond to Sales Tax Increases?

New research shows we aren’t as blasé as economists thought.

Researchers: Scott R. Baker, Stephanie Johnson and Lorenz Kueng

November 2, 2017


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