Corporate investment management  This review of corporate investment literature focuses on some recent empirical studies of M&A, capital investm

William Easterly critiques several economic development policies and then indicates that bottom-up solutions often result in macro policy success in spite o

The Federal Reserve's current interest rate hike may lead to the next economic recession as credit supply growth ebbs and flows through the business cyc

New York Fed CEO John Williams sees no need to raise the interest rate unless economic growth or inflation rises to a high gear. After raising the interest

Harvard financial economist Alberto Cavallo empirically shows the recent *Amazon effect* that online retailers such as Amazon, Alibaba, and eBay etc use fas

Corporate cash management The empirical corporate finance literature suggests four primary motives for firms to hold cash. These motives include the tra