Finance

Conventional wisdom says that uncertainty is bad for markets. But Yale SOM’s Stefano Giglio and his co-authors found that investors are willing to pay a premium to protect themselves only against actual market volatility, not mere uncertainty.

We asked faculty and experts across the Global Network for Advanced Management about the potential benefits and risks of Bitcoin and blockchain.

It’s been a dizzying week on Wall Street. We asked Yale SOM’s Andrew Metrick if the volatile stock market also means trouble for the broader economy.

Blythe Masters aims to remake the infrastructure of financial services with blockchain distributed ledger technology.

In a New York Times commentary, Yale’s Robert Shiller writes that attempts to measure the fundamental value of Bitcoin are intrinsically absurd.

Professor William Goetzmann discusses the uncertainty facing the financial hub at Canary Wharf as Britain moves steadily toward its divorce from the European Union.

We asked Yale SOM’s James Choi how a proposed change to the way 401(k) plans are taxed might alter the way people save for retirement.

Women in the investment profession face a double standard even when objective information on their performance is available and their evaluators are incentivized to not discriminate, according to a new study by researchers at the Yale School of Management and the Columbia Business School.

We asked Professor Robert Shiller, who has written about the economic and psychological aspects of market speculation, if Bitcoin is a bubble.

Despite political upheaval, the U.S. stock market has seen unusually low volatility. We asked Roger Ibbotson why.