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- 24 Apr 2012
- First Look
First Look: April 24
minds of those responsible for governance. When a business is profitable and paying healthy dividends to its stockholders, fraudulent activities and accounting irregularities can go unnoticed. However, when revenue and cash flow decline,...
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Carmen Nobel
- 03 Jan 2017
- First Look
January 3, 2017
a simple model of populism as the rejection of “disloyal” leaders. We show that adding the assumption that people are worse off when they experience low income as a result of leader betrayal (than when it is the result of bad luck) to a simple voter choice model View Details
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Carmen Nobel
- 09 Jan 2006
- Research & Ideas
Rebuilding Commercial Real Estate
Chattanooga, Tennessee, the fourth-largest mall REIT in North America with a market cap of $8 billion. "REITs at the time were paying dividends in the high single digits, so money started flowing in." (By law, REITs must...
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- 27 May 2009
- First Look
First Look: May 27, 2009
long-run consumption and dividend growth should be highly persistent and predictable from stock prices. BKY's calibration does better in this respect by greatly increasing the persistence of volatility fluctuations and their impact on...
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Martha Lagace