Andy Yeh Alpha

Goldman Sachs follows the timeless business principles and best practices in financial market design and investment management. William Cohan (2011) M

Precautionary-motive and agency reasons for corporate cash management Bates, Kahle, and Stulz (JF 2009) empirically find that public firms have doubled t

In the technological race between the U.S. and China, America leads in some strategic sectors from AI large language models (LLM), graphics processing units

Amazon acquires an Internet pharmacy PillPack in order to better compete with Walgreens Boots Alliance, CVS Health, Rite Aid, and many other drug distributo

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

America and China, the modern world's most powerful nations may stumble into a **Thucydides trap** that Harvard professor and political scientist Graham