Buy Them While They're Cheap
"Forbes Magazine" article about Andrew's take on closed-end funds.
View ArticleDoes Financial Liberalization Improve the Allocation of Investment? Micro...
Using firm level panel data from twelve developing countries we explore if financial liberalization improves the efficiency with which investment funds are allocated. A summary index of the efficiency...
View ArticleForeign Portfolio Investment Improves Performance: Evidence from the Czech...
When foreigners became the major shareholders of publicly traded firms in the Czech Republic, those firms experienced improvements in performance and increases in investment. In contrast, controlling...
View ArticleA Model of Dysfunctional Urges and Addiction with an Application to Cigarette...
We model economic decisions as stemming from urges. The magnitude of the urge is a function of previous consumption. Welfare gains from satisfying an urge vary with the nature of the urge. An urge is...
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