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Main reasons for share repurchases Temporary market undervaluation often induces corporate incumbents to initiate a share repurchase program to boost the

Berkeley macro economist Brad DeLong sees no good reasons for an imminent economic recession with mass unemployment and even depression. The current U.S. ec

Firms and customers create value and wealth together by joining the continual flow of small batches of lean production to the lean consumption of cost-effec

A 7-year $1.3 billion hedge fund manager Chelsea Brennan shares her investment advice. Her advice encompasses several steps toward better financial literacy

Macro innovations and asset alphas show significant mutual causation. April 2023   This brief article draws from the recent research publicati

U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa