Faculty News | Economist | 07
My little crony
Re: Lauren Cohen & Christopher Malloy
THE nexus between politics and commerce may conjure thoughts of whispered deals in smoke-filled corridors. But connections are not everything. A new NBER working paper*, by Lauren Cohen and Christopher Malloy of Harvard Business School and Karl Diether of Dartmouth College, shows how ordinary investors can also get in on the action by predicting the impact of new legislation on American firms.