Online Banks Are Passing on Higher Rates Faster
Their rapid response to monetary-policy changes benefits depositors and could have big implications for policy makers.
Online Banks Are Passing on Higher Rates FasterHow private-equity firms lose when they manipulate returns
Private-equity firms trying to raise new capital sometimes overstate fund returns, but investors aren’t fooled.
Research suggests that while some underperforming private-equity fund managers overstate asset values, managers at the best-performing funds tend to understate returns.
Gregory W. Brown, Oleg R. Gredil, and Steve Kaplan, “Do Private Equity Funds Game Returns?” The University of Chicago Booth School of Business working paper, October 2013.
Their rapid response to monetary-policy changes benefits depositors and could have big implications for policy makers.
Online Banks Are Passing on Higher Rates FasterA Q&A with Chicago Booth’s Robert W. Vishny on the legacy of the common-law tradition.
Robust US Innovation Is Rooted in Legal HistoryWhen investors receive dividends, they often use the cash to buy more shares of stock—and not necessarily of the company that issued the dividend.
Dividend Payouts Lead to Stock-Price BumpsYour Privacy
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