Finance

Research That Lasts: Botticini, Colla and Tabellini Awarded for Research Impact

A book about the role of education in Jewish history, an article on financing constraints after the 20072009 crisis and a paper on cultural values and economic development earned their authors the Bocconi acknowledgment

If You Think Irishmen Are Red Haired You Won't See the Next Financial Crisis Coming

Gennaioli and two coauthors have designed a model of boom and bust financial crises based entirely on beliefs, building on an idea by Kahneman and Tversky

What Truth Costs: Panama Papers Wiped out $230 Bln in Market Capitalization around the World

The figure, calculated by Hannes Wagner and two coauthors, is larger than all fines and losses in the major data leaks and scandals involving Home Depot, Target, Volkswagen, and Enron combined, but is spread across shareholders of 1,100 companies worldwide

Home Sweet Home Investment

A new paper by Massimo Guidolin, joint with Hening Liu, shows that uncertainty about the nature of possible investment opportunities induces investors, at least in the US, to hold a substantially larger proportion of their portfolios in domestic stocks, relative to what would be suggested by standard portfolio theory

Are You Smarter than an Index Fund?

Finance theory has long argued that it is not possible to consistently outperform market indexes. After 50 years of advancements, Massimo Guidolin and Daniele Bianchi rediscuss the question

Economy Lab

Social sciences make increasing use of laboratories and experiments. Get to know why