Publications

Publications

Filter Results: (262) Arrow Down

Show Results For

← Page 9 of 262 Results →
  • 15 Sep 2017
  • Working Paper Summaries

Debt Redemption and Reserve Accumulation

Keywords: by Laura Alfaro and Fabio Kanczuk
  • 14 Mar 2017
  • First Look

First Look at New Research, March 14

abstract available. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52217 2016 Monetary Policy Through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World Forward Guidance in the Yield Curve: Short View Details
Keywords: Sean Silverthorne
  • 29 Jan 2013
  • First Look

First Look: Jan. 29

may increase the rate of individual learning from customer-specific experience for a focal task. Finally, we find that the level of experience with a customer for the entire outsourcing firm also yields learning and that the degree of... 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
  • 15 Jul 2008
  • First Look

First Look: July 15, 2008

structured finance instruments can be characterized as economic catastrophe bonds but offer far less compensation than alternatives with comparable payoff profiles. We argue that this difference arises from the willingness of View Details
Keywords: Martha Lagace
  • 11 Sep 2018
  • First Look

New Research and Ideas, September 11, 2018

M. Viceira Abstract—Our new model of consumption-based habit formation preferences generates loglinear, homoscedastic macroeconomic dynamics and time-varying risk premia on bonds and stocks. Consumers' first-order condition for the real... View Details
Keywords: Dina Gerdeman
  • 04 Nov 2014
  • News

Fundación México en Harvard Celebrates 25 Years

Fundación with a first-of-its-kind transaction, allowing to purchase Mexican bonds in the market below face value and then redeem the bonds immediately at face value. The transaction almost doubled the $2.6... View Details
Keywords: April White
  • 29 May 2018
  • First Look

New Research and Ideas, May 29, 2018

empirical investigation of the risk of globally diversified portfolios of stocks and bonds and of optimal intertemporal global portfolio choice for long horizon investors in the presence of permanent cash flow shocks and transitory... View Details
Keywords: Dina Gerdeman
  • 15 Jun 2010
  • First Look

First Look: June 15

we find significant price differences between institutional investors' tranches and banks' tranches on the same loans, even though they share the same underlying fundamentals. Increasing demand pressure causes the interest rate on... View Details
Keywords: Martha Lagace
  • 21 Jun 2011
  • First Look

First Look: June 21

fractionalization is associated with a six basis point increase in bond yields, and a two standard deviation increase in ethnic fractionalization is associated with a ten basis point increase. To provide a scale for these results, a... View Details
Keywords: Sean Silverthorne
  • 05 Jul 2011
  • First Look

First Look: July 5

Business School Case 111-059 Argentine government claims inflation rate is 8%, but others claim it is double that rate. Analyst attempts to adjust the company's financial statements for inflation. Purchase this... View Details
Keywords: Sean Silverthorne
  • 24 Sep 2013
  • First Look

First Look: September 24

external funds. Conditional on issuance of new debt, we interpret firms' switching from loans to bonds as a contraction in bank credit supply. We find strong evidence of substitution from loans to bonds at... View Details
Keywords: Sean Silverthorne
  • 26 Mar 2013
  • First Look

First Look: March 26

persists as the biggest threat to private minority shareholders in these firms. Book: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2217627   Working Papers Reaching for Yield in the Bond Market By: Becker, Bo, and Victoria Ivashina... View Details
Keywords: Sean Silverthorne
  • 12 Jan 2016
  • First Look

January 12, 2016

theoretical and practical implications and suggest future directions. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=50313 Forward Guidance in the Yield Curve: Short Rates versus Bond... View Details
Keywords: Carmen Nobel
  • 01 Oct 2013
  • First Look

First Look: October 1

new debt, we interpret firm's switching from loans to bonds as a contraction in bank credit supply. We find strong evidence of substitution from loans to bonds at times characterized by tight lending... View Details
Keywords: Sean Silverthorne
  • 28 Apr 2009
  • First Look

First Look: April 28, 2009

its zero interest rate policy, which had been in place for years, and raise rates to 0.5%. The Bank of Japan was eager to increase them to more "normal" levels to exert effective monetary policy.... View Details
Keywords: Martha Lagace
  • 24 Jul 2018
  • First Look

New Research and Ideas, July 24, 2018

permanent cash flow shocks and transitory discount rate shocks to asset prices and returns. An increase in the cross-country correlations of cash flow shocks raises the risk of a globally diversified portfolio at all horizons. By... View Details
Keywords: Dina Gerdeman
  • 07 Sep 2011
  • First Look

First Look: Sept. 7

positive demand for external funds. Conditional on issuance of new debt, we interpret firm's switching from loans to bonds as a contraction in bank credit supply. We find strong evidence of substitution from loans to View Details
Keywords: Sean Silverthorne
  • 05 Aug 2002
  • Research & Ideas

Are Consumers the Cure for Broken Health Insurance?

The health insurance system in the United States is broken, and business is paying the price. Employers' insurance premiums reached an estimated $450 billion in 2000, and then shot up again, at three times the rate of inflation, in 2001.... View Details
Keywords: by Regina E. Herzlinger
  • 21 Aug 2018
  • First Look

New Research and Ideas, August 21, 2018

novel convertible bond dataset, I find that consumers often purchase dominated bonds—cheap and expensive versions of otherwise identical bonds coexist in the market. The empirical evidence suggests that... View Details
Keywords: Dina Gerdeman