Publications

June 7, 1990
Article

New Trading Practices and the Short-run Predictability of the S&P 500

By: André Perold, Kenneth A. Froot and James F. Gammill Jr.

Keywords: Institutional Investing; Market Efficiency; Equities; Stock Market; Indexing; Asset Pricing; Financial Markets; Investment; Behavioral Finance

21 Jan 2025
News

Trump Should View Vietnam as a Trade Partner, Not a Target

June 1987 (Revised March 1991)
Case

Semiconductor Industry Association and the Trade Dispute with Japan (A), The

By: David B. Yoffie and John J. Coleman

Keywords: Trade; Competition; Semiconductor Industry; Japan; United States

Web

Speeding Up the Trade: Clippers and Steamships - A Chronicle of the China Trade

of the China Trade Introduction Doing Business with China Augustine Heard & Co. The Canton Trade Commodities & Currencies Treaty Ports & Compradors Clippers & Steamships Exploring View Details

17 Feb 2020
Working Paper Summaries

The Impact of Technology and Trade on Migration: Evidence from the US

Keywords: by Marius Faber, Andres Sarto, and Marco Tabellini

July 2000
Article

Competition and Human Capital Accumulation: A Theory of Interregional Specialization and Trade

By: Julio J. Rotemberg and G. Saloner

Keywords: Competition; Human Capital; Theory; Geography; Trade

September 2022 (Revised November 2022)
Case

The Uyghur Forced Labor Prevention Act: Trade and Genocide in U.S.-China Relations

By: Jeremy Friedman and David Lane

On June 21, 2022, the Uyghur Forced Labor Prevention Act (UFLPA) went into effect, requiring companies to prove that goods imported from the People’s Republic of China were not made with forced labor. The bill was a reaction to reports of products being made with... View Details

Educators

Article

A Unified Theory of Underreaction, Momentum Trading and Overreaction in Asset Markets

Keywords: Theory; Assets; Markets

1992
Other Unpublished Work

Conflict or Indifference: U.S. Multinationals in a World of Regional Trading Blocs

By: L. T. Wells Jr.

Keywords: Multinational Firms and Management; International Relations; United States

30 Oct 2019
Podcast

How global trade and AI are resetting the terms of white-collar work

International trade expert and former presidential advisor, Richard Baldwin, discusses his latest book, The Globotics Upheaval: Globalization, Robotics, and the Future of Work. He argues that the speed and sweep of economic and social changes resulting from global... View Details

03 Jan 2019
News

Robots will help Chinese firms cope with wages and the trade war

14 Feb 2018
News

Insider trading is still rampant on Wall Street, two new studies suggest

January 2004
Teaching Note

Worker Rights and Global Trade: The U.S.-Cambodia Bilateral Textile Trade Agreement (TN)

Teaching Note to (9-703-034). View Details

Keywords: Rights; Labor; Trade; Agreements and Arrangements; Markets; Business and Shareholder Relations; Development Economics; United States; Cambodia

Article

Cooperation in Prices and Capacities: Trade Associations in Brewing after Repeal

By: A. M. McGahan

2006
Working Paper

Was NAFTA Necessary? Trade Policy and Relative Economic Failure since 1982

By: Noel Maurer

Read Now

Research Summary

Manager Specific Human Capital Investment: A Model of Block Trading and Firm Stability

I develop a model in which workers can undertake specific human capital investments in the firm and in the manager employed by the firm. If the manager leaves the firm, a worker has to decide whether to join her in the new firm or stay in the old firm. In case of... View Details

June 2016
Case

Augustine Heard & Co.: Building a Family Business in the China Trade (B)

By: William C. Kirby and Joycelyn W. Eby

In 1861, the Heard brothers faced a decision: should they continue their family firm's business model that had made them a successful commission house in China, or was it time to make fundamental adjustments to their work? This case reveals that the brothers decided to... View Details

Keywords: China; Mercantilism; Family Business; China

Educators

September 2005
Article

Managerial Foresight and Attempted Rent Appropriation: Insider Trading on Knowledge of Imminent Breakthroughs

By: Gautam Ahuja, Russell W. Coff and Peggy M. Lee

In order to establish a competitive advantage, firms must acquire or create resources at a price below their value in use. Absent pure luck, this requires managers to exercise foresight about a resource's future value and/or complementarities with pre-existing... View Details

Keywords: Strategy; Knowledge Use and Leverage