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The index premium and its hidden cost for index funds ☆
- N. Stern
☆ This paper is a revised version of Chapter 1 of my d Spiegel, Dimitri Vayanos, Tuomo Vuolteenaho, and Jia grateful to Frank Russell Co. for providing data for this paper was previously entitled… Expand
Recessions , Mortality , and Migration Bias : Evidence from the Lancashire Cotton Famine ∗ Vellore
We examine the health effects of the Lancashire Cotton Famine, a sharp downturn in the cotton textile manufacturing regions of Britain induced by the U.S. Civil War. This is a setting characterized… Expand
Capital structure , asymmetric information and risk
We argue that asymmetric information about both the value and risk of investments transforms the adverse selection logic underlying the pecking order into a theory of debt and equity issues. The… Expand
The Economics of Shadow Banking : Lessons from Surrogate Intermediaries in China ∗
The shadow banking sector has grown tremendously in China in the last decade, developing in parallel with the rise of non-bank lenders in western economies. Chinese non-financial firms supply credit… Expand
The Organizational Efficiency of Internal Capital Markets
I investigate the effect of multidivisional structure on investment efficiency using projectlevel data from the motion picture industry in the United States. I find that the multidivisional structure… Expand
An effective burn prevention program initiated by a recovered burn patient group.
The US death rate from house fires has remained constant during the past 50 years despite a sharp decline in mortality from other fires and causes of burns. The concensus is that smoke alarms can… Expand
An outreach burn prevention program for home care patients.
Residential fires are the major cause of death from fires and burns in the United States, accounting for nearly two-thirds of annual fatalities. High-risk groups are more accessible now to burn… Expand
[Follow-up and therapy of acute colchicine poisoning].
Colchicine poisoning is a rare event. Its outcome is, compared to other drug intoxications, often serious or even fatal. Intaxications with colchicine may occur by ingestion of tablets as well as by… Expand
Stern The Role of Changing Utility in Product Search
Consumers are often not fully aware of their preferences when they begin search. As consumers examine products they clarify their preferences, and some attribute weights in their utility function… Expand