Want more policies based on evidence?
Medicine teaches us it will take time, effort, and investment.
The latest
How the fine print in debt contracts can reduce investment
Performance covenants in debt contracts impede borrowers’ incentives to take up new investments.
The benefits, and limits, of financial-reporting regulation
There may be good reasons to require financial reporting and auditing, but it’s not clear market efficiency is one of them.
CBR Briefing #48
Public audit oversight enhances investor trust in financial reports
How stricter financial-reporting enforcement can hurt shareholders
Even when transparency improves, the costs may outweigh the benefits to shareholders.
Latest from the Magazine
-
How to be happy without earning more
Abundance does not equate to happiness, according to research. Here’s how to convert wealth into satisfaction.
-
The 300 secrets to high stock returns
Has the hunt for investable factors gone too far?
-
Globalization is close to its ‘holy cow’ moment
Why we must rethink our outdated ideas about international trade
-
Jane L. Risen says to fess up and skip the cover-up
Avoiding the risk of immediate failure can lower the odds of long-term success.
-
Why the ‘dollars a day’ pitch works
Framing a cost as a series of small daily expenses makes an offer more tempting.
-
Behavioral economics from nuts to ‘nudges’
A bowl of cashews led to a research breakthrough.