Finance
Finance
Our intellectual roots are based in a long line of scholars from Robert Merton whose collaborative work on risk management and option pricing won him the Nobel Prize in Economics in 1997, to John Lintner who co-created the Capital Asset Pricing Model and made significant contributions to dividend policy, and Gordon Donaldson whose work helped shape the field of corporate finance. We strive to understand how managers and firms make value-enhancing decisions; and how financial institutions, markets, and instruments contribute to this process. Our approach to research is distinguished by its unique combination of theory, empirical analysis, mathematical modeling, and field observations at companies.
Faculty Unit
The Finance Unit produces research addressing issues of present and future importance to managers, regulators, and policy-makers.
Finance UnitRecent Publications
Real Growth in Space Manufacturing Output Substantially Exceeds Growth in the Overall Space Economy
- June 2024 |
- Article |
- Acta Astronautica
The Effects of Medical Debt Relief: Evidence from Two Randomized Experiments
- 2024 |
- Working Paper |
- Faculty Research
Pay-As-You-Go Insurance: Experimental Evidence on Consumer Demand and Behavior
- April 2024 |
- Article |
- Review of Financial Studies
Fee Variation in Private Equity
- April 2024 |
- Article |
- Journal of Finance
Hippo: Weathering the Storm of the Home Insurance Crisis
- March 2024 |
- Case |
- Faculty Research
Masterpiece for the Masses: The First Art Exchange ARTEX
- March 2024 |
- Case |
- Faculty Research
Appropriate Entrepreneurship? The Rise of China and the Developing World
- 2024 |
- Working Paper |
- Faculty Research
East Rock Capital: 'Talent is the Best Asset Class'
- March 2024 |
- Case |
- Faculty Research
The Economic Benefits of a Public Sector Nano, Micro, Small and Medium Enterprise (nNMSME) Grading Agency: Evidence from Nigeria
- 2024 |
- Other Unpublished Work |
- Faculty Research
Corporate Debt, Boom-Bust Cycles, and Financial Crises
- 2024 |
- Working Paper |
- Faculty Research