Research
Stablecoins Survived ‘Crypto Winter,’ But That Doesn’t Make Them Safe
Cryptocurrencies such as Tether, which is pegged to the dollar, have held on as others crashed. But according to new research by Yale SOM’s Gary Gorton, these “stablecoins” still pose major risks to the global financial system.
How Grammy Wins and Losses Shape Artists’ Creative Trajectories
Prof. Balázs Kovács and his co-authors found that Grammy winners tend to branch out in new directions afterward—but nominees who don’t win become more creatively cautious.
Why Making Banking Data Portable Isn’t Always Good for Borrowers
In theory, rules requiring banks to share consumer data with third parties increase competition and help consumers. In practice, it’s not so simple, according to a new study co-authored by Yale SOM’s Jidong Zhou.
To Be Happier at Work, Think Flexibly about Your Job—and Yourself
In a new paper, Yale SOM’s Amy Wrzesniewski and her co-authors find that well-being can be enhanced by pairing a shift in your job mindset with changes in how you think about your own strengths and weaknesses.
Startup Founders Are at a Disadvantage When Applying for Jobs
Yale SOM’s Tristan Botelho found that firms are less likely to reply to applications from startup founders than non-founders.
Quickly Disclosing Bad News Could Help Companies Benefit from Market Signals
Consistently releasing negative forecasts promptly could change trader incentives and ultimately help a company gather more strategic information from the market, according to a new study co-authored by Yale SOM’s Zeqiong Huang.
Making the ‘Business Case for Diversity’ Can Backfire with Underrepresented Groups
Many companies say that they are committed to diversity because it boosts firm performance. In a new study, Oriane Georgeac at Yale SOM and Aneeta Rattan at London Business School find that this explanation can have detrimental consequences for the very applicants that companies seek to attract.
The Rise of the Mutual Fund Is Reducing Corporate Competition and Hurting Consumers
Mutual funds have become large shareholders in most public U.S. firms. The resulting overlaps in ownership are boosting corporate profits but harming consumers, according to a new study co-authored by Florian Ederer of Yale SOM.
Taken to an Extreme, Gerrymandering Could Lead to a One-Sided Congress
A new study by Yale SOM’s Kai Hao Yang and Alexander Zentefis finds that partisan gerrymandering, pushed to the limit, could exclude the views of half the country from the legislative process.
Real-Time Placement Odds Can Smooth the School Choice Process
Some families going through the school placement process overestimate their chances of getting into their top choices, and fail to match at any school as a result. Warnings about the placement odds at top schools can dramatically reduce non-placements.
