Through a quasi-natural experiment, we show that financial advisors exacerbate their clients' disposition effect.
A structural model, estimated using a large-scale pricing experiment, shows how PAYGo financing improves consumer welfare.
Evaluation of a mandatory profit-sharing scheme in France.
A methodology to run feasible robustness checks and identification diagnostics in simulation-based estimation methods.
How distortions in managerial forecasting affects firm value and aggregate efficiency.
How monetary policy tightening in 2004 increased risk-taking by a large mortgage originator.