Climate-Policy Pronouncements Boost ‘Brown’ Stocks
A US president’s comments tend to calm volatility around climate-related stocks and bolster asset prices by resolving uncertainty.
Climate-Policy Pronouncements Boost ‘Brown’ StocksOne reason CEO pay has skyrocketed
Companies tend to grant the same number of stock options every year, regardless of their value.
About 20 percent of new grants contained the same number of options as the previous year’s grants.
Kelly Shue and Richard Townsend, “Growth through Rigidity: An Explanation for the Rise in CEO Pay,” Working paper, December 2015.
A US president’s comments tend to calm volatility around climate-related stocks and bolster asset prices by resolving uncertainty.
Climate-Policy Pronouncements Boost ‘Brown’ StocksAn expert panel discusses the outcomes of private-equity ownership for companies and the economy in general.
Does Private Equity Create or Extract Value?Global investors’ appetite for dollar-denominated assets has big implications for currency markets and the US economy.
How Much Does the US Dollar’s Primacy Depend on Investor Demand?Your Privacy
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