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Stock market misvaluation and corporate investment payout The behavioral catering theory suggests that stock market misvaluation can have a first-order
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In recent years, higher American economic growth has been impressive both by historical standards and in comparison to the rest of the world. American excep
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President Trump floats generous 10% tax cuts for the U.S. middle class ahead of the November 2018 mid-term elections. Republican senators, congressmen, and
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American parents often worry about money and upward mobility for their children. A recent New York Times survey suggests that nowadays American parents spen
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In the past decades, capital market liberalization and globalization have combined to connect global financial markets to allow an ocean of money to flow th
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Agile lean enterprises strive to design radical business models to remain competitive in the face of nimble startups and megatrends. Carsten Linz, Gunter