Publications

February 2009
Article

Financial Development, Bank Ownership, and Growth. Or, Does Quantity Imply Quality?

Keywords: Finance; Growth and Development; Banks and Banking; Ownership; Quality

October 2021
Article

Changing Gambling Behavior through Experiential Learning

By: Shawn A. Cole, Martin Abel and Bilal Zia

This paper tests experiential learning as a debiasing tool to reduce gambling in South Africa, through a randomized field experiment. The study implements a simple, interactive game that simulates the odds of winning the national lottery through dice rolling.... View Details

Keywords: Debiasing; Experiential Learning; Behavioral Economics; Financial Education; Learning; Games, Gaming, and Gambling; Behavior; Decision Making

2021
Working Paper

Studying the U.S.-Based Portfolio Companies of U.S. Impact Investors

By: M. Diane Burton, Gurveen Chadha, Shawn A. Cole, Abhishek Dev, Christina Jarymowycz, Leslie Jeng, Laura Kelley, Josh Lerner, Jaime R. Diaz Palacios, Yue (Cynthia) Xu and T. Robert Zochowski

Recent years have seen a dramatic increase in the reliance on market-based solutions to social and environmental problems around the world (Barman 2016; Horvath and Powell 2020). The growth of impact investing is a vivid example of this trend and, although there have... View Details

Keywords: Impact Investing; Impact Portfolio Companies; Investment; Social Issues; Environmental Sustainability; Investment Portfolio; Business Ventures; Analytics and Data Science; Performance; United States

November 2019
Supplement

SJF Ventures-Transforming Transportation with TransLoc?

August 2020
Supplement

Nancy Pfund DBL Partners

October 2019
Supplement

OpenInvest

2008
Working Paper

Financial Development, Bank Ownership, and Growth. Or, Does Quantity Imply Quality?

In 1980, India nationalized its large private banks. This induced different bank ownership patterns across different towns, allowing credible identification of the effects of bank ownership on financial development, lending rates, and the quality of intermediation, as... View Details

Keywords: Economic Growth; Credit; Banks and Banking; Interest Rates; State Ownership; Private Ownership; Banking Industry; India

December 2005
Article

Capitalism and Freedom: Slavery and Manumission in Louisiana, 1725-1820

Keywords: Economic Systems; Society; Louisiana

Awards

Shin Research Excellence Award

Winner of the 2015 Shin Research Excellence Award from The Geneva Association and the IIS (International Insurance Society) for his work on insurance. View Details

01 Dec 2017
News

Pencils Up: Taking Note of New Courses

on MBAs. Here’s a closer look at three of this year’s offerings. Investing for Impact Professor Shawn Cole, Finance, and Senior Lecturer Vikram Gandhi, General Management A rapidly growing share of asset owners and managers are making... View Details

Keywords: Julia Hanna

August 2020
Supplement

Mike McCreless- Root Capital

September 2007
Teaching Note

BASIX (TN)

Teaching note to (207-099) and (207-108). View Details

Keywords: Financial Institutions; Insurance Industry

April 2009
Teaching Note

First National Bank's Golden Opportunity (TN)

Teaching Note for [208072]. View Details

Keywords: Saving; Product; Interest Rates; Personal Finance; Cost vs Benefits; Risk and Uncertainty; Investment; Problems and Challenges; Demand and Consumers; Product Launch; Banks and Banking; Banking Industry; South Africa

Article

Fixing Market Failures or Fixing Elections? Elections, Banks and Agricultural Lending in India

Keywords: Failure; Voting; Banks and Banking; Agribusiness; India

February 2009 (Revised February 2022)
Case

Fannie Mae: Public or Private?

By: David A. Moss, Cole Bolton and Kimberly Hagan

In 1987, President Ronald Reagan established the President's Commission on Privatization to identify federal government functions that could be shifted to the private sector. One agency that the Commission considered was the Federal National Mortgage Association, or... View Details

Keywords: Restructuring; Financial Institutions; Mortgages; Government and Politics; Business History; Privatization; Private Sector; Laws and Statutes; United States

Educators