Ideas Made to Matter
Target date funds affect stock prices, a new study shows
If TDFs continue to grow in popularity, they could further decrease volatility in the stock market and increase the correlation between stocks and bonds.
NBER Corporate Finance program appoints Schoar as co-director
Antoinette Schoar has been appointed as co-director of the National Bureau of Economic Research (NBER) Corporate Finance program. The NBER is a nonprofit economic research organization, dedicated to conducting research on a wide variety of issues confronting society, as well as disseminating research findings among academics, public policy makers, and business professionals. With more than 1,400 scholars who are professors of economics and business at colleges and universities in North America, the NBER is a private and nonpartisan organization supported by research grants from government agencies and private foundations, by investment income, and by individual and corporate contributions. Twenty-seven Nobel Prize winners in Economics and 13 past chairs of the U.S. President's Council of Economic Advisers have held NBER affiliations.
Schoar was appointed for her “wide-ranging” research that “spans many issues, including venture capital, entrepreneurship, household finance, and financial intermediation.” She has been a member of the NBER CF program since 2001 and also directs the NBER Working Group on Entrepreneurship.
Schoar is co-leading the NBER Corporate Finance program with Amir Sufi of the University of Chicago Booth School of Business. Their term began in January.
