Ratings agencies could be using subjective factors to assign risk; or portfolio managers could be strategically using “window-dressing” to make CLOs appear less risky.
On October 7, 2019, businessmen Jonathan Soros and Jon Patricof pitched a concept for a new professional sports startup to four professional softball players who had traveled to Soros’s office in New York City. During the meeting, the two men laid out their vision for an innovative professional soft...
Research shows that people tend to spend more when using credit cards compared to cash. However, it is unclear whether credit cards act to “release the brakes” on spending or instead “step on the gas.
The difference...is mostly due to portfolio allocations. Larger endowments invest in riskier and higher-yielding assets compared to more conservative investments by smaller endowments.
A new study by MIT Sloan School of Management Prof. Roberto Rigobon and IESE Business School Prof. Diego Aparicio, reveals that online prices set by algorithms are not necessarily the lowest.
The LIHEAP formula for calculating energy aid was written in the 1980s. Researchers propose a solution that recognizes the cost of cooling a warming south.
A new research paper by Florian Berg and co-author validates these concerns, as they discovered “widespread and repeated” changes to the historical ESG scores by a leading vendor of this data.
Pushing back investments in renewable electricity generation by one year could outweigh the emission reductions and deaths avoided from March through June 2020.
New research from MIT Sloan and the Santa Fe Institute shows common patterns in the growth of biological and social systems.
A recent MIT Sloan study found that a federal carbon price of $7 in 2020 could reduce emissions by the same amount as all of the flagship climate policies adopted by the Obama administration.
