Publications

21 Jul 2011
News

Social Investing’s Time Has Come

How would you like to invest in a project that simultaneously provides a needed social service and generates a financial return? Nice idea, but not possible? Not exactly. Social impact bonds (SIBs) do just that. The concept is simple and... View Details

Keywords: Roger Thompson; Religious, Grantmaking, Civic, Professional, and Similar Organizations; Personal Services

July 1994 (Revised October 1995)
Case

Coca-Cola Harmless Warrants

By: Scott P. Mason and Mihir A. Desai

Underscores the arbitrage implicit in the pricing of a complex unit of debt and warrants issued by the Coca-Cola Co. View Details

Keywords: Bonds; Price; Innovation and Invention; Food and Beverage Industry

13 Apr 2010
First Look

First Look: April 13

horizon, implying that growth is less risky than value at long horizons. Investors with access to bills and bonds exhibit similar behavior when value and growth tilts are computed relative to the total equity allocation of the portfolio.... View Details

Keywords: Martha Lagace

October 1991 (Revised September 2004)
Case

Buying Time

By: William J. Bruns Jr. and Susan Harmeling

A self-contained explanation and simple practice examples to introduce students to the concepts of compound interest, present value loans, bonds, and leases. Necessary present value tables are included. The study questions provide simple exercises to enhance student... View Details

Keywords: Bonds; Financing and Loans; Learning

22 May 2007
First Look

First Look: May 22, 2007

Working PapersGlobal Currency Hedging Authors:John Y. Campbell, Karine Serfaty-de Medeiros, and Luis M. Viceira Abstract This paper considers the risk management problem of an investor who holds a diversified portfolio of global equities or View Details

Keywords: Martha Lagace

27 Apr 2020
Working Paper Summaries

Corporate Leadership and Creditor Recovery Rates: Evidence from Executive Gender

Keywords: by Clarissa Hauptmann and Anywhere Sikochi

24 Apr 2014
News

Private capital, public good

Tracy Palandjian (AB 1993, MBA 1997) is spearheading the development of social impact bonds (SIBs), a financial innovation designed to tackle some of the world’s most intractable social challenges. Alongside Sir Ronald Cohen (MBA 1969)... View Details

22 Mar 2011
First Look

First Look: March 22

explicitly considering counterfactual histories had the innovations never been invented or adopted. Download the paper: http://papers.nber.org/papers/w16780 An Empirical Decomposition of Risk and Liquidity in Nominal and Inflation-Indexed Government View Details

Keywords: Sean Silverthorne

Web

Companies: CUSIP, Duns & GVKEY | Baker Library

Equity Listings on the left menu. On the Equity Listings page, click the ticker that is bold. The main equity listing page includes the CUSIP at the top of the page. LSEG Workspace : To search by CUSIP , simply type the number into the main search bar on the homepage... View Details

1998
Report

National Park Bonds: A Patch or A Panacea?: A Report on Meeting the Financial Needs of Our National Parks

By: Dutch Leonard, Henry Lee, Jay H. Walder, Peter Zimmerman and Wendy Vanasselt

Keywords: Bonds; Sovereign Finance; Environmental Sustainability

19 May 2015
First Look

First Look: May 19

Drivers of Bond and Equity Risks By: Campbell, John Y., Carolin E. Pflueger, and Luis M. Viceira Abstract—The exposure of U.S. Treasury bonds to the stock market has moved considerably over time. While it... View Details

Keywords: Sean Silverthorne

10 Feb 2009
First Look

First Look: February 10, 2009

Working PapersInflation Bets or Deflation Hedges? The Changing Risks of Nominal Bonds Authors:John Y. Campbell, Adi Sunderam, and Luis M. Viceira Abstract The covariance between U.S. Treasury bond returns... View Details

Keywords: Martha Lagace

June 1998
Background Note

Note on Alternative Methods for Estimating Terminal Value

By: William E. Fruhan Jr.

Reviews basic techniques for estimating terminal value in the valuation of businesses. Among the techniques discussed are perpetuities, growing perpetuities, use of multiples, and liquidation value. A rewritten version of an earlier note. View Details

Keywords: Financial Liquidity; Bonds; Valuation