BLOG: Is Finance Making Geography Increasingly Insignificant?

By Yuxiang Hou, College of William and Mary

This paper attempts to revisit “the end of geography” debate by incorporating both established theoretical frameworks and the latest empirical evidence. It argues that for five reasons finance is not making geography increasingly insignificant. However, in the long run, things may be different. Continue reading BLOG: Is Finance Making Geography Increasingly Insignificant?

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Examining the Presence of Luck and Skill in Mutual Fund Returns

By Joe Matten. Stanford University.

I wrote the following essay for Professor Shoven’s class, “A Random Walk Down Wall Street.” Inspired by Burton Malkiel’s book of the same name, the class featured discussions of the major topics and themes of the work… Continue reading Examining the Presence of Luck and Skill in Mutual Fund Returns