We assess the effects of monetary policy on bank risk to verify the existence of a risk-taking channel — monetary expansions inducing banks to assume more risk. We first present VAR evidence confirming that this channel ...

Previous research has documented strong peer effects in risk taking, but little is known about how such social influences affect market outcomes. Since the consequences of social interactions are hard to isolate in financial ...

Private equity fund managers are typically required to invest their own money alongside the fund. We examine how this coinvestment affects the acquisition strategy of leveraged buyout funds. In a simple model, where the ...

We study risk taking in a panel of subjects in Wuhan, China - before, during the COVID-19 crisis, and after the country reopened. Subjects in our sample traveled for semester break in January, generating variation in ...

The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for ...

Argentum was created in 2001 with the aim of delivering competitive returns and creating a more well-functioning capital market for unlisted companies. Our core expertise is evaluating and selecting private equity funds ...

The Brønnøysund Register Center develops and operates digital services that streamline, coordinate and simplify the dialogue with the public sector for individuals and companies. We operate many of the country's most ...

We survey a sample of subjects in Wuhan, China – ground zero of the COVID-19 pandemic. Our first survey wave took place on October 16th 2019, several weeks before initial reports of the virus in mainland China in December ...

NHH - Norwegian School of Economics