Texas-based energy economist Ed Hirs ’81 says the February 2021 power crisis exposed longstanding, fatal flaws in the state’s energy market design and oversight.
- President Trump has imposed a series of tariffs, raising tensions with allies and prompting other countries to respond in kind. We asked Yale SOM’s Peter K. Schott, who studies how firms and workers respond to globalization, to assess the current climate.
- Deceptive articles on investment websites appear to temporarily boost stock prices for small firms, according to research by Yale SOM’s Marina Niessner and Tobias Moskowitz.
Does gender bias prevent women from being treated fairly in job interviews, performance assessments, and other evaluations? Data from an online stock recommendation platform suggests that women’s ideas simply get less attention than their male colleagues’.
- We asked Prof. William B. English, who spent more than two decades as an economist at the Fed, to interpret new Fed chair Jerome Powell's first Open Market Committee meeting.
- 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.
- Cybersecurity entrepreneur Sunil Madhu says that using credit history to identify individuals is outmoded and new tools are needed to conduct commerce securely.
- 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.