Why are stock returns lower under Republicans?
The reason has to do with timing, economic cycles, and voters’ tolerance for risk.
The latest
The cost of an engineering degree . . . to the college, not the student
Gauging the ROI on taxpayers’ investment in higher education requires measuring not just salaries, but the cost to schools of educating students.
How will Germany’s refugees affect its economy?
Chicago Booth’s Initiative on Global Markets asked its panel of European economic experts to consider whether Germany’s refugee influx will benefit the German economy over the course of a decade.
What would happen if the Fed raised its inflation target?
Would raising the target from 2 percent to 4 percent change the costs of inflation for households over the long run?
The best salespeople don’t make the best managers
Data from sales organizations support the fundamental idea behind the Peter Principle.
Latest from the Magazine
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Have central bankers lost their power?
Evidence is revealing the power, limits, and confounding effects of monetary policy.
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How to listen for the hidden data in earnings calls
Research is uncovering the messages that managers may not be intending to send—and that investors should learn to listen for.
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Why stock returns under Trump might disappoint investors
Market performance under Republican presidents may be in part due to timing.
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Economics and the human instinct for storytelling
Why understanding dramatic economic events requires searching for the narratives that underlie them.
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What are venture capitalists looking for in start-ups?
Venture capitalists doling out millions to back big ideas may be less interested in the product than in the people developing the product, research suggests.
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How to profit from magical thinking
Superstition pervades finance, real estate, and corporate settings. Managers and marketers can use it to their advantage.