research

"The Connection Between Finance and Politics Has Been Under-Researched for Years"

Ahead of the Stigler Center's conference on the political economy of finance, we interviewed Stigler Center Director Luigi Zingales about the motivation behind the first-of-its-kind...

Finance and Healthcare Bound to Gain from Clinton’s Presidency

Hillary Clinton has promised to be tough on finance and pharmaceutical companies. So why do financial and healthcare stocks go up when the probability...

Employees of Large Companies Favor Hillary Clinton

Clinton received overwhelming support from workers in the banking, tech, and mobile industries. 98 percent of the total amount raised by workers at financial institutions...

Campaign Financing Capture Index: Donald Trump Keeps Losing Affection from Big Donors, While Clinton Maintains It

As of August 31, 31.5 percent of Hillary Clinton’s contributions come from donors who contributed more than $100,000. Over the last three indices calculated by...

Are Newspapers Captured by Banks? Evidence From Italy

The inaugural piece of a new ProMarket mini-paper series. Preamble In the intellectual debate there is a gap between academic papers and policy opinions, even those...

Who are the 30 Worst Brokers in America When Measured By Misconduct?

The ProMarket blog seeks to provide indexes that make markets work better. The data on brokers’ misconduct supplied by FINRA is very detailed, but...

Campaign Financing Capture Index: Historical Comparison Shows the Extent of Growth in Political Contributions From Big Donors

More than a third of total contributions raised by presidential candidates from both parties in the 2016 race come from donors who gave more...

What Makes M&A Reporters More Accurate?

A study by Kenneth R. Ahern and Denis Sosyura ranks M&A reporters based on their accuracy. Rumors and speculation have always been a part of...

Is There a Crisis in the Economic Theory of the Firm? Participants at Harvard Business School Conference Agree: Firms Try to Change the Rules...

A novel conference at Harvard Business School brought together top scholars in order to answer the question: Is Milton Friedman’s dictum that firms that...

The True Price of Reduced Competition in Health Care: Hospital Monopolies Drastically Drive Up Prices

New study reveals the potential damage of the merger frenzy that has accelerated in recent years. Since the Affordable Care Act was signed into law,...

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Prison Labor Can Create Perverse Incentives for Incarceration and Reduce Trust in Legal Institutions

Government proponents of prison labor should be mindful of the potential for negative effects, including increased incarceration rates and citizens’ deteriorating views...

Bethany McLean’s Weekend Reading List: Robinhood, Quibi, and Corporate America’s Addiction to Debt

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

How Germany Managed to Outlaw Facebook’s Core Business Model

In a surprise ruling last month, the German Federal Court of Justice determined that Facebook must comply with an earlier decision by...

Tailoring Lockdowns for Developing Countries

The Covid-19 pandemic has decimated livelihoods in developing nations, and coronavirus-related deaths are rising in Africa and South Asia at an alarming...

Why Most Advertisers Can’t Afford to Boycott Facebook

While big brands can afford to pause their addiction to Facebook, most advertisers cannot participate, as they have become so dependent on...