White Paper Mar 30, 2020

The Unprecedented Stock Market Reaction to COVID-19

Scott R. Baker, Nicholas Bloom, Steven J. Davis, Kyle Kost, Marco Sammon, Tasaneeya Viratyosin
Topics:  Financial Markets, COVID-19
BFI Working Paper Mar 17, 2020

Coronavirus: Impact on Stock Prices and Growth Expectations

Niels J. Gormsen, Ralph Koijen
Topics:  Financial Markets, COVID-19
BFI Working Paper Feb 18, 2020

A Theory of Stock Exchange Competition and Innovation: Will the Market Fix the Market?

Eric Budish, Robin S. Lee, John J. Shim
Topics:  Financial Markets
BFI Working Paper Jan 31, 2020

Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens

Antonio Coppola, Matteo Maggiori, Brent Neiman, Jesse Schreger
Topics:  Financial Markets
BFI Working Paper Jan 16, 2020

Monetary Policy, Redistribution, and Risk Premia

Rohan Kekre, Moritz Lenel
Topics:  Monetary Policy, Financial Markets
BFI Working Paper Dec 17, 2019

Exchange Rate Reconnect

Andrew Lilly, Matteo Maggiori, Brent Neiman, Jesse Schreger
Topics:  Financial Markets
BFI Working Paper Dec 5, 2019

The Investment Network, Sectoral Comovement, and the Changing U.S. Business Cycle

Christian vom Lehn, Thomas Winberry
Topics:  Financial Markets, Employment & Wages
BFI Working Paper Nov 20, 2019

Pledgeability and Asset Prices: Evidence from the Chinese Corporate Bond Markets

Hui Chen, Zhuo Chen, Zhiguo He, Jinyu Liu, Rengming Xie
Topics:  Financial Markets