Journal of Financial Economics

And you sit on the Capital Market Committee of the AFM and Advisory Committee of the Euro CTP.

And you're an associate editor at the Journal of Financial Economics.

You also advised ESMA as a member of its group of economic advisors.

You sat on the academic board of the French AMEF for 12 years and you held visiting positions on NYU, Wharton and Stanford.

doi.org. Keys and Wang, twenty nineteen, Minimum payments and debt paydown in consumer credit cards.

Journal of Financial Economics.

NBER w2742, nber.org. Centrix quoted in Good Returns more debt problems.

Centrix, 1st March 2023, goodreturns.co.nz. DiMaggio, Katz, and Williams, twenty twenty-two, Buy now, pay later credit: User characteristics and effects on spending patterns, NBER w3508, nber.org. Which? December 2020, Think less, spend more: How buy now, pay later firms encourage impulse buying, which.co.uk.

What investors seem to like even more than politicians being stymied is political certainty.

A study published five years ago in the Journal of Financial Economics looked at one hundred forty-five years of data and showed that gains mostly happen after the midterm election itself.

US equity premiums, their return over risk-free assets, averaged an annualized fifteen point four percent in the five following months, compared with three percent in all other months.

For Treasuries, the inverse has held true.

Keys and Wang, two thousand nineteen.

Minimum payments and debt pay down in consumer credit cards, Journal of Financial Economics, NBER Working Paper, w22742nber.org. Twenty-nine percent of accounts regularly pay at or near the minimum.

Schomburg, Belli, and Hoffman, twenty twenty-four.

Less cash, more splash: A meta-analysis on the cashless effect.

Now, when a company suddenly decides it's desperate to sell tens of billions of dollars of stock to the general public, it's worth consulting the academic literature.

In 1986, the economist Kevin Rock published a famous paper in the Journal of Financial Economics, Why New Issues Are Underpriced, outlining how IPOs are priced and why they pop on their first day.

A 2002 paper by Argawal et al.

explained the winner's curse.