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+See MoreSharpe-Lintner-Black CAPM alpha (2.66%) Fama-French (1993) 3-factor alpha (3.41%) Fama-French-Carhart 4-factor alpha (4.19%) Fama-French (2015) 5-factor alpha (5.01%) Fama-French-Carhart 6-factor alpha (5.79%) Dynamic conditional 6-factor alpha (11.52%) Last update: Saturday 2 May 2026
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Economic policy incrementalism for better fiscal and monetary policy coordination Traditionally, fiscal and monetary policies were made incrementally. In
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IMF chief economist Gita Gopinath indicates that competitive currency devaluation may be an ineffective solution to improving export prospects. In the form
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Louis Kaplow strives to find a delicate balance between efficiency gains and redistributive taxes in the social welfare function. Louis Kaplow (2010)
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President Trump ramps up 25% tariffs on $200 billion Chinese imports soon after China backtracks on the Sino-American trade agreement. U.S. trade envoy Robe
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The Economist interviews President Donald Trump and spots the keyword *reciprocity* in many aspects of Trumponomics from trade and taxation to infrastructur