Quick Links

More from Finance News

classified as:
  • Desautels Faculty of Management
  • mgmt_fac https://www.mcgill.ca/desautels
  • Desautels research
  • desautels_research https://www.mcgill.ca/desautels
  • Investment + Risk Management
  • Investment and Risk Management Expert Panel
  • Jan Ericsson
  • Kenneth Lester
  • Laurent Barras
  • Matthieu Bouvard
  • Patrick Augustin
  • Reuven Brenner
  • Sujata Madan
  • Vihang Errunza
  • External
  • Faculty
  • Staff
  • Students
subscribe

What the Chinese stock bust and US productivity decline have in common

Though it was recently announced that productivity in the US rose 1.3% from the previous quarter, Alan Greenspan is worried about the collapse in productivity: “I think it’s the most serious problem that confronts not only the United States but the world at large and more exactly the developed world especially. American productivity is not significantly different from zero growth in the last 6 or 8 quarters. 
... Reuven Brenner holds the Repap Chair at McGill University’s Desautels Faculty of Management. The article draws on his Force of Finance (2001).

Published: 27 Aug 2015

More Corporate Actions, More Insider Trading?

Authors: Patrick Augustin, Jianfeng Hu, Menachem Brenner and Marti Subrahmanyam

Publication: The Harvard Law School Forum on Corporate Governance and Financial Regulation

Excerpt:

Published: 2 Apr 2015

Insider Trading Investigators Have a Blind Spot

Over the past year, a record 266 companies have spun off divisions in a trend bankers are calling “Spinmania.” If history is any guide, about 35 of those deals will have leaked undetected to inside traders.

A new study by a team of finance professors suggests one in eight corporate spinoffs and divestments in the U.S. between 1996 and the end of 2013 was preceded by suspicious trading in options markets. The Securities and Exchange Commission hasn’t brought a single case relating to such trading then or since, according to the report, due to be published later this month. 

Published: 16 Mar 2015

Professor Sujata Madan, McGill University

Written by Professor Sujata Madan

Career Change – How can an MBA help?
There are generally two types of career change sought out by MBAs—a complete switch of role and industry, or a move within the same field.

Published: 16 Feb 2015

Another view: The case for year-round Pell Grants

As Congress takes up reauthorization of the Higher Education Act this year, it will have to address several policy concerns, including the rising cost of college and the need to increase degree attainment rates in the U.S. Notwithstanding those concerns, college access will continue to be a major issue.

Published: 16 Feb 2015

The Case for Year-Round Pell Grants


As congress takes up reauthorization of the Higher Education Act this year, it will have to address several policy concerns, including the rising cost of college and the need to increase degree attainment rates in the U.S. Notwithstanding those concerns, college access will continue to be a major issue. How can our nation expand college opportunities to those who have long been underrepresented, including lower-income students, minorities, and those who are the first in their families to attend college, ramping up the number of degree earners?

Published: 6 Feb 2015

Transparency in the Financial System: Rollover Risk and Crises

Authors: Matthieu Bouvard, Pierre Chaigneau & Adolfo De Motta

Publication: Journal of Finance, Forthcoming

Abstract 

Published: 21 Jan 2015

Credit default swaps: A survey

Authors: Augustin, P., Subrahmanyam, M.G., Tang, D.Y., Wang, S.Q.

Publication: Foundations and Trends in Finance

Abstract

Published: 6 Jan 2015

How Far Down Do You Define Deviancy in Ferguson?

The late Daniel Patrick Moynihan’s celebrated phrase “defining deviancy down” first appeared in a 1993 essay in The American Scholar. “I proffer the thesis,” wrote Moynihan, “that, over the past generation…the amount of deviant behavior in American society has increased beyond the levels the community can ‘afford to recognize’ and that, accordingly, we have been re-defining deviancy so as to exempt much conduct previ

Published: 28 Nov 2014

Unwanted life insurance can be a valuable asset for seniors’ retirement

Seniors looking for an additional source of income should think twice about letting unwanted life insurance lapse, because these policies may be sold for substantial value to help fund a better quality of life in their retirement.

Published: 24 Nov 2014

Approche toujours controversée

Le débat continue de faire rage : l'anticipation des marchés, communément appelée «market timing», est-elle une approche payante ou au contraire, nuisible et dangereuse ? Les avis sont partagés. Il y a plusieurs définitions du market timing. Le plus fréquemment, le market timing consiste à «tenter de prédire la direction future du marché en ayant recours, le plus souvent, à des indicateurs techniques ou à des données économiques», comme l'indique le site Investopedia.

Published: 17 Nov 2014

The boom-and-bust Fed's rental society

Article By Reuven Brenner 

Now, as during World War II and up to 1951, the US Federal Reserve practiced what is now called quantitative easing (QE). Then, as now, nominal interest rates were low and the real ones negative: The Fed’s policy did not so much induce investments as it allowed the government to accumulate debts, and prevent default. 

Published: 18 Oct 2014

Brave hearts and wise heads

Demography is not destiny, but it sheds light on the events leading to these two referenda, the Quebec one taking place in 1995, and the Scottish one last week, and has also implications concerning the changing voting ages around the world. In most countries the voting age is 18. However, the Scottish National Party's voted unanimously in October 2007 to lower it to 16, which subsequently became law. Argentina's Cristina Kirchner's party did the same in 2012, in preparation for the 2013 elections.

Published: 29 Sep 2014

Third Annual OptionMetrics Research Conference Brings Together International Academia, Financial Professionals to 'Convene' on October 20th in New York City

OptionMetrics, a leading source for quality historical option price data, tools and analytics, has announced the upcoming OptionMetrics Research Conference (ORC2014).

Published: 23 Sep 2014

The Scottish independence movement learned from Quebec's failed votes for separation

The first time was in 1980 when Quebec’s premier, René Lévesque, called for a provincial referendum on pursuing a negotiated secession from CanadaThe key issue for the separatists was the preservation of the French language and culture.

Published: 22 Sep 2014

Connect with the Desautels Faculty of Management

Desautels Faculty of Management at McGill on FacebookDesautels Faculty of Management at McGill on TwitterFollow the Desautels Faculty of Management University page on LinkedInDesautels Faculty of Management at McGill, BCom Program on LinkedInDesautels Faculty of Management at McGill, MBA Program on LinkedInDesautels Faculty of Management at McGill on YouTubeDesautels Faculty of Management at McGill on Facebook

Research at the Desautels Faculty of Management

Accounting at Desautels Faculty of ManagementFinance at Desautels Faculty of ManagementInformation Systems at Desautels Faculty of ManagementMarketing at Desautels Faculty of ManagementOperations Management at Desautels Faculty of ManagementOrganizational Behaviour at Desautels Faculty of ManagementStrategy and Organization at Desautels Faculty of ManagementHealth Care at Desautels Faculty of Management