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Peltzman Finds “Marriage Premium” in Happiness Data

New research by Sam Peltzman finds that married individuals consistently report significantly higher happiness levels than unmarried individuals across all demographics. Using five decades...

The Real Target of Trump’s Crypto Strategy is the Federal Reserve

The United States President has halted plans for a central bank digital currency: a mere show of strength to undermine the Fed’s independence, writes...

ESG Investing Pushes Firms To Evolve Corporate Governance

In new research, Jitendra Aswani and Roberto Rigobon find that investments raised on sustainable bond markets force firms to make material changes to corporate...

Getting America Unstuck

The following is an excerpt from Yoni Appelbaum’s new book, “STUCK: How the Privileged and the Propertied Broke the Engine of American Opportunity,” now out...

Concerns About Layoffs and CEO Pay Dominate Shareholder Preferences

A new study by Zwetelina Iliewa, Elisabeth Kempf and Oliver G. Spalt finds that Americans often prioritize moral values over financial gains when evaluating...

Academic Opportunities and Media Impact Join ProMarket’s Weekly Newsletter

ProMarket’s Special Interest newsletter is evolving to better support scholars in our community. The weekly update will now feature curated academic opportunities and highlight...

How Both the Chicago School and Ordoliberalism Softened on Big Businesses

In new research, Ryan Stones revisits the alleged disagreement between two influential schools of antitrust on how to handle big businesses. Instead of finding contrasting policy recommendations, he highlights a strikingly similar relaxation of attitudes toward enforcement in the Chicago School and Ordoliberalism in the post-war period.

ESG Investing Isn’t as Divisive as We Think

Many asset managers have stopped offering funds supporting environmental, social, and governance (ESG) goals in the face of political backlash. In new research, Omar Vasquez Duque shows that much of this backlash is due to semantics and poor fund design, and that investors across the political spectrum are willing to take lower financial returns to support specific goals under the ESG label.

How Regulatory Shifts Have Reshaped ESG Voting Patterns

In 2021, a regulatory shift by the United States Securities and Exchange Commission expanded shareholder proposals on environment and social issues from mere company...

How To Enforce the Robinson-Patman Act Under a Raising Rivals’ Cost Approach

Steven Salop explores the presumptions and evidence that could undergird Commissioner Melissa Holyoak’s preferred “Raising Rivals’ Cost” approach to the enforcement of the Robinson-Patman Act.

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