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In recent years, several central banks conduct, assess, and discuss the core lessons, rules, and challenges from their monetary policy framework r
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Modern themes and insights in behavioral finance Shiller, R.J. (2003). From efficient markets theory to behavioral finance. Journal of Economi
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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
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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
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The Economist offers a special report that the new normal state of economic affairs shines fresh light on the division of labor between central banks and go
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The Federal Reserve raises the interest rate again in mid-2018 in response to 2% inflation and wage growth. The current neutral interest rate hike neither b