Our Finance area faculty conduct research on a number of different topics important to the finance profession. Below are a few examples of our recent work.
A model estimates the impact of economic variables on the pricing of prepayment risk
An economic model sets aside who loses and focuses on efficiency and overall growth
Avanidhar Subrahmanyam’s examination of warrant trading reveals individuals’ poor grasp of complex securities
Andrea Eisfeldt’s unique data set provides fresh insights for the growing institutional investor market
New technology’s upending of the old creates demand for alternative assets to offset risk
Restraining lenders saved hundreds of billions in home value
A study finds unexpected impact when a disruptive player enters market
Inexperienced investors, lacking historical context, impact markets
A scan of a million brokerage accounts finds the wealthy trade ahead of market-moving news
With high-quality borrowers hard to judge from afar, Alt-A market offers quiet signal on creditworthiness