A Market without HFT?
How choices in market design affect the fortunes of various types of investors.
A Market without HFT?When times are tough, lenders prefer family businesses
Banks viewed family-owned companies as safer investments during the 2007–10 financial crisis
Average credit spreads increased for all companies around the time of the Lehman collapse, but the increase was larger for nonfamily businesses.
Spyridon Lagaras and Margarita Tsoutsoura, “Family Control and the Cost of Debt: Evidence from the Great Recession,” Working paper, June 2015.
How choices in market design affect the fortunes of various types of investors.
A Market without HFT?Recognize the stressors inherent in business models.
Four Ways to Avoid the Next Silicon Valley BankSome degree of concentration in subprime credit markets could be good for consumers.
When It Comes to Subprime Car Loans, Competition Drives Rates UpYour Privacy
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