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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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Goldman Sachs follows the timeless business principles and best practices in financial market design and investment management. William Cohan (2011) M
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President Trump forces the Federal Reserve to normalize the current interest rate hike to signal its own monetary policy independence from the White House.
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European Central Bank designs its current monetary policy reaction function and interest rate forward guidance in response to key delays in inflation conver
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All of the 18 systemically important banks pass the annual Federal Reserve stress tests. Many of the largest lenders announce higher cash payouts to shareho
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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