Awaiting the Will to Ensure Financial Market Stability

Andrew Metrick Paul Tucker

January 06, 2021

In a conversation with Yale SOM’s Andrew Metrick, Paul Tucker, chair of the Systemic Risk Council and former deputy governor for financial stability at the Bank of England, says that financial markets are still facing serious stability risks.

A detail of a photo of the Federal Reserve building

How is Mexico Navigating the COVID Financial Crisis?
December 22, 2020

In a recent online conversation hosted by Yale SOM, Mexico’s chief central banker discussed the country’s response to the economic distress caused by COVID-19—the country’s third financial crisis in recent decades.
During the COVID-19 Crash, Investors’ Beliefs Didn’t Match Their Behavior

Stefano Giglio
October 22, 2020

Despite a general wave of pessimism following the COVID-19 stock crash in March, few investors made significant changes to their portfolios, according to new research from Yale SOM’s Stefano Giglio.
Rational Order from ‘Irrational’ Actions

Shyam Sunder
October 19, 2020

Prof. Shyam Sunder outlines a strain of research, drawing on complexity theory, that suggests that outcomes of a social system can be rational even if its individual participants are not rational.
A Passionate Startup Pitch Is Powerful—But Can Be Misleading

Song Ma
October 14, 2020

According to a new study co-authored by Yale SOM’s Song Ma, those with cheerful and enthusiastic presentations are more likely to get venture capital funding—and less likely to build successful ventures.
A Federal Program Is Supposed to Keep Midsize Businesses Afloat. Why Isn’t It Reaching Them?

William B. English
July 28, 2020

Yale SOM’s William English explains how the Main Street Lending Program fits into the array of federal stimulus efforts and offers proposals for making it work better.
Does A Mutual Fund’s Past Performance Predict Its Future?

James Choi
July 07, 2020

A classic 1997 paper on mutual fund performance doesn’t describe present-day markets, Yale SOM's James Choi found.
How You Can Invest in Racial Justice

Teresa Chahine
July 01, 2020

Yale SOM’s Teresa Chahine and a panel of experts discussed how businesses, financial firms, and regular investors can make choices that empower local businesses and increase opportunity.
Study Finds Declaring Bankruptcy May Not Hurt Future Employment Prospects

Paul Goldsmith-Pinkham
March 12, 2020

Hundreds of thousands of Americans declared bankruptcy during the Great Recession. A new study co-authored by Yale SOM’s Paul Goldsmith-Pinkham examines the effect on their employment prospects.
Should We Worry about the Trillion-Dollar Deficit?

William B. English
February 07, 2020

We asked William English, a professor in the practice of finance and a former economist at the Federal Reserve, how the deficit and the ballooning national debt affect the economy and the ability of Congress and the Fed to fight future recessions.
In Finance Field, Gender Disparities Are Significant—But Shrinking

Heather E. Tookes
December 06, 2019

More women are being hired for finance positions at top business schools, according to a study co-authored by Yale SOM's Heather Tookes, but progress is slow. The study suggests that this may be due to limited collaborator networks.