What Explains the Volatility in Financial Markets?
How the inelastic markets hypothesis makes sense of seemingly inexplicable price movement
What Explains the Volatility in Financial Markets?How big a problem is meritless litigation for US companies? It depends on how innovative they are. Research by Chicago Booth’s Elisabeth Kempf and Oliver G. Spalt of Tilburg University suggests innovative companies are more likely to face meritless class-action suits and suffer more as a result of them than their less-innovative counterparts. Kempf explains what drives this “tax on successful innovation,” and what policy makers could do to fix it.
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How the inelastic markets hypothesis makes sense of seemingly inexplicable price movement
What Explains the Volatility in Financial Markets?Most consumers support ‘private sanctions’—even if it costs them money.
On Russian Aggression, Americans Want Companies to Vote with Their FeetWhat would trouble for China’s second-largest real estate developer mean for the Chinese economy?
Capitalisn’t: Is Evergrande Really China’s Lehman Moment?Your Privacy
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