New research by Ilan Guttman explores how information disclosure can affect financial panics.
New research indicates it is even higher than you might think.
A Stanford research team proposes changes to credit default swaps to lower the risks of sovereign default.
Why bankers like leverage—and what that could mean for the global financial system.
A letter by Anat R. Admati and Neil M. Barofsky published by the Financial Times, March 8, 2012
After analyzing repurchase agreements by money-market funds and security lenders, these researchers believe that banks off-balance-sheet collateralization of commercial paper is more likely to have prompted the run on short-term debt financing in the recent financial crisis.
When they are wrong about quarterly earnings forecasts, analysts may stubbornly stick to their erroneous views, a tendency that might contribute to market bubbles and busts, according to research coauthored by John Beshears of the Stanford Graduate School of Business.
Originally published by Thomson Reuters-GRC, June 14, 2011.
In the emerging market for peer-to-peer loans, the auction method used can make an important difference to the borrower, says Stanford Graduate School of Business economist Nicolas Lambert.
