Efficient Markets or Herd Mentality? The Future of Economic Forecasting

Once on the academic fringes, behavioral economics has been gaining considerable ground over the past year. While not all economists, government policy makers and corporate financiers agree wholeheartedly with behavioral[…]

The Impact of High-frequency Trading: Manipulation, Distortion or a Better-functioning Market?

According to some estimates, high-frequency trading by investment banks, hedge funds and other players accounts for 60% to 70% of all trades in U.S. stocks, explaining the enormous increase in[…]

Why Stock-price Volatility Should Never Be a Surprise, Even in the Long Run

Equities are subject to much wider price swings than previously understood, according to a recent paper co-authored by Wharton finance and economics professor Robert Stambaugh. The research adds a new[…]

What’s Ahead for the Stock Market — and Quant Funds

After weeks of skittishness and fear, investors showed signs on Tuesday of settling down. "Yesterday was one of the dullest days in the market that we've had in a while,[…]

How Can Employers Improve Defined Contribution Plans?

If 401(k)s and similar plans are the main way Americans invest for retirement, how can employers improve them? By making enrollment automatic, minimizing the use of the employer's stock, expanding[…]

Knowledge@Wharton Partners

  • SIGN UP FOR OUR EMAIL NEWSLETTER
    Sign up for the weekly Knowledge@Wharton e-mail newsletter, offering business leaders cutting-edge research and ideas from Wharton faculty and other experts.