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Event Studies and Efficient Markets

I do not find event studies interesting or convincing. I consider them an example of Schizzo-finance in which the efficient markets hypothesis is switched on and off. The field embraced…

Ireland: the battle against "markets"

by Rebecca Wilder Ireland: the battle against “markets” crossposted with Newsneconomics Is it the sheer size of its contingent liabilities that is driving Irish spreads? Finance Minister Brian Lenihan thinks…

The Shape of the Future

…economy resisted the fever for devil-may-care risk-taking that ultimately infused the financial markets. As a result, Goldilocks had remarkable longevity. Its death-knell would wait until the financial markets finally got…