Personal Finance - Publications - Faculty & Research

19 Jul 2011
News

Brightening the Future

notes. “Everything I learned at HBS — from marketing to strategy to finance to BGIE — is relevant in running a social business.” For MBAs who may be considering a mid-career leap to the social enterprise sector, Ayala has words of... View Details

Keywords: Personal Services; Personal Services

31 Jan 2022
News

Michael Trejo Brings Business Back to the Valley of the Sun

A recent article in Hispanic Executive profiles Michael Trejo (MBA 2013), who left a career in finance to return to his native Arizona and help grow a local business. As the article notes, his return was inevitable. “I always planned to... View Details

Keywords: Printing and Related Support Activities; Manufacturing

12 Sep 2007
Op-Ed

Building Sandcastles: The Subprime Adventure

To construct a house, builders need a firm foundation. For a financial empire, Wall Street wizards need only greed, gullibility, and optimism. The subprime empire began with a tangible structure: a house. For the buyer, that house was a home. It represented upward... View Details

Keywords: by Nicolas P. Retsinas; Banking; Construction; Real Estate

1989
Article

Paying for College After 2000: What Can We Do for the Access-Endangered?

By: Dutch Leonard

Keywords: Personal Finance; Spending; Higher Education

Citation

Article

Present Bias Causes and Then Dissipates Auto-enrollment Savings Effects

By: John Beshears, James J. Choi, David Laibson and Peter Maxted

Present bias causes procrastination, which leads households to stick with auto-enrollment defaults. However, present bias also engenders overconsumption. Separation from each employer generates a rollover of 401(k) balances to an individual retirement account (IRA)... View Details

Keywords: Present Bias; Procrastination; Personal Finance; Decision Making; Social Psychology; Retirement

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05 Jul 2006
Working Paper Summaries

Reinventing Savings Bonds

Keywords: by Peter Tufano & Daniel Schneider; Financial Services

15 Sep 2011
Research & Ideas

High Ambition Leadership

What personal attributes were crucial among the leaders you have studied? A: There is no substitute for leaders personally meeting employees. Leif Johansson, CEO of the Volvo Group in Sweden, did a lot of... View Details

Keywords: by Martha Lagace

09 May 2013
News

Road Trip

"Sarah and her team are tenacious and we think we'll learn a lot from them." Highland Brewing Company (Asheville, North Carolina). Cofounded in 1994 by owner Oscar Wong (SBA North Carolina Person of the Year), it began brewing locally in... View Details

Keywords: Finance; Finance

01 Mar 2018
News

Making Sense of the Modern Startup

Illustration by Martin Leon Barreto In a lot of ways, it didn’t seem like a very good experiment to run. A young HBS professor—a rising star in the Finance area, an economist by training, by then already looking down the road at an... View Details

Keywords: Jeffrey L. Cruikshank (PMD 51, 1986)

22 Jan 2020
News

What It Takes

Middle East, running a huge sovereign wealth fund, took it over. He was a royal family member. And I had never met him before, so I was going to be the first person who managed money for this giant institution. To meet him, it was going... View Details

12 Jan 2015
News

Good Investments

greatest investment successes is Vistaar, a financing firm that offers funding to small- and medium-sized businesses in India that fall into the “missing middle”: too small for commercial bank loans, too big for microfinance. Since its... View Details

Keywords: Dan Morrell; impact investing; ideas; Finance; Finance

19 Dec 2018
Sharpening Your Skills

New Year, New Habits

When a new year rolls around, many of us ponder resolutions to improve our work habits. Maybe we wish to behave a little better with colleagues, become more organized, or actually take breaks during the day. But can we really change our own ingrained behavior? The good... View Details

Keywords: by Sean Silverthorne

Fall 2024
Article

The Problem of Good Conduct Among Financial Advisers

By: Mark Egan, Gregor Matvos and Amit Seru

Households in the United States often rely on financial advisers for investment and savings decisions, yet there is a widespread perception that many advisers are dishonest. This distrust is not unwarranted: approximately one in fifteen advisers has a history of... View Details

Keywords: Personal Finance; Behavioral Finance; Trust; Financial Services Industry

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2021
Working Paper

Friends and Family Money: P2P Transfers and Financially Fragile Consumers

By: Tetyana Balyuk and Emily Williams

We assess the impact that real time money transfer technology has on consumer outcomes, particularly during periods of financial fragility. We do this by developing a new data set that documents use of Zelle—the most widely used P2P money transfer technology in the... View Details

Keywords: P2P Money Transfers; Real Time Payments; Fintech; Finance; Information Technology; Personal Finance; Financial Condition

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01 Sep 2003
News

Sharon Patrick

Patrick acknowledges the challenges of the last sixteen months due to the federal investigation and indictment of Stewart for a personal stock sale unrelated to MSO. However, she remains upbeat. “The strength of our content and business... View Details

Keywords: Susan Young; Finance; Finance; Finance

19 Nov 2019
Op-Ed

Gender Bias Complaints against Apple Card Signal a Dark Side to Fintech

President Obama’s Cabinet as Administrator of the US Small Business Administration from 2009 to 2013. [Image: TommL] Related Reading Using Fintech to Disrupt Eastern Bank from Within Why Millennials Flock to Fintech for Personal Investing... View Details

Keywords: by Karen G. Mills; Financial Services

2008
Chapter

Life-Cycle Funds

By: Luis M. Viceira

The U.S. retirement system has experienced a substantial transformation in recent years. It has evolved from a system in which employees relied mainly on Social Security and professionally managed defined benefit (DB) pension plans sponsored by their employers to... View Details

Keywords: Retirement; Personal Finance; Investment Funds; Compensation and Benefits; United States

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01 Apr 2001
News

Turnaround Situation

Marty Cordova (MBA 1974), a Vietnam vet who has seen good days and bad, is dedicating himself to helping other vets get their lives back together. Cordova is finance director of Rehabilitation Services and Veterans Programs (RS&VP), a... View Details

Keywords: Personal Services; Personal Services

February 2010 (Revised December 2010)
Case

Lending Club

By: Peter Tufano

A new entrant in the nascent online peer lending space, Lending Club must decide whether or not to register with the SEC. Lending Club provided a platform through which individual borrowers could receive loans funded by individuals who chose to invest in them. The... View Details

Keywords: Financial Instruments; Price; Personal Finance; Financing and Loans; Financial Services Industry

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