A Better Standard for Credit Risk
A new metric uses publicly disclosed bank information to better predict credit losses from loans.
Climate Change and Productivity
New research reveals severe weather's toll on manufacturing
Could Uncertainty Cause a Recession?
New research explores whether asymmetric information about corporate assets could have been the sole cause of the recent crisis.
Nobody Likes a Rat
When are colleagues likely to report each other for lying, and what happens when they do?
Risk, Innovation, and Social Value
Bruce Kogut, the director of the School's Sanford C. Bernstein & Co. Center for Leadership and Ethics, discusses the center's latest perspective about making the financial sector work for Wall Street and Main Street after the financial crisis.
A Smarter, Smaller Grid
Can the principles of small modular infrastructure free us from the electrical grid — and make large-scale power failures in the aftermath of weather catastrophes like Sandy a thing of the past?
First In Trouble — and Last Out
Why are the homeowners who can most benefit from strategic default on underwater mortgages the least likely to choose it?
Holding On to Options
Offering equity options to senior managers may encourage them to take fewer risks.
Accounting and Systemic Risk
Professors Trevor Harris and Doron Nissim and Executive-in-Residence Robert Herz discuss their new paper on accounting's role in reporting, creation, and reduction of systemic risk at financial institutions and across the financial system.