NEW AND NOTABLE AT THE ICF >>

 |

|
|
An Echo Chamber of Boom and Bust
New York Times
By ROBERT J. SHILLER It is a large and diverse world, after all, so why should confidence have rebounded so quickly in so many places? To review data associated with the article.
|
|
|
Yale SOM Stock Market Confidence Indices®
Updated through September 2009 by ICF Fellow Robert J. Shiller
|
 |
|
Fed Chairman Cites Research by Profs. Gorton and Metrick in Speech on Financial Crisis
Fed Chairman Ben Bernanke referenced research by Professors Gary Gorton and Andrew Metrick in remarks on the financial crisis delivered at the Federal Reserve Bank of Kansas City's Annual Economic Symposium. |
 |
|
William Goetzmann on the Subprime Crisis
Edwin J. Beinecke Professor of Finance and Management Studies & Director of the International Center for Finance
Topic: Models created by mortgage lenders to measure risk had a crucial flaw: The data they used went back only so far, meaning that they severely underestimated what a real drop in housing prices would look like. Read the paper, "The Subprime Crisis and House Price Appreciation," discussed in this video.
|
 |
|
Nicholas Barberis on the Psychology of the Financial Crisis
Stephen & Camille Schramm Professor of Finance
Topic: In a talk at the Yale University reunion, Barberis described psychological factors, such as overconfidence and groupthink, that may have contributed to the development of the current economic downturn
|
 |
|
Financial Crisis Conference Highlights
Highlights from the Financial Crisis Conference held at Yale University July 11-12, 2009 Sponsoed by ICF and Review of Financial Studies, hosted by Andrew Metrick and Gary Gorton.

|
|
|

Yale SOM Launches Behavioral Finance "Summer School"
Q: What might compel busy PhD students to attend summer school?
A: A chance to spend a week with the top researchers in an exciting field. The Yale School of Management completed its first summer school program in behavioral finance which ran from June 22-26, 2009. Read more. 
 |
|
|
Faculty Insights: Fed Chairman Recommends a Paper on the Financial Crisis by Prof. Gary B. Gorton
When one of the key actors in the government response to the financial crisis recommends an academic paper and endorses its thesis, it’s clear evidence that the work of the academy can inform policy. A recent paper by Gary B. Gorton, Frederick Frank Class of 1954 Professor of Management and Finance, has been getting widespread attention. Read more
|
 |
|
Origins of Value: A Virtual Museum
A new companion website for the award-winning book The Origins of Value,
edited by ICF Fellows William N. Goetzmann and K. Geert Rouwenhorst |