Suppose you wanted to construct a new index to track the US stock market. What would you use as a model? The Dow Jones Industrial Average might be an option, but it’s hardly representative of the ...

The financial world typically uses rules and formulas to evaluate risk. Credit-rating agencies assign ratings on the basis of specific metrics such as debt-to-EBITDA ratios and interest coverage.

The researchers looked at a decade’s worth of shopping data in states where marijuana was legalized. Analyzing the panel data from 48 states and about 20 million weekly household purchases made over a ...

Participate in the Leadership Alliance. In partnership with the Leadership Alliance—a national consortium of more than 30 colleges and universities, the Leadership Alliance was established in 1992 ...

There can be little doubt that the 90-day pause on tariffs for most countries that Donald Trump announced abruptly on April 9th was driven by worries about the bond market. A jump in yields in America ...

Explore articles from the Summer 2025 issue of Chicago Booth Review.

June 20-22, 2022. Sponsored by The University of Chicago Booth School of Business. We are pleased to announce the twenty-first annual INFORMS Revenue Management and Pricing (RM&P) Section Conference, ...

June 24–26, 2011 - Brussels. This year marked the 25th anniversary of the publication of Grossman and Hart’s seminal paper “The Costs and the Benefits of Ownership: A Theory of Vertical and Lateral ...

Not all economists agree that the 0.01 percent are the most significant slice of the distribution. New York University’s Edward N. Wolff, using different data, notes that the wealth of the top 5 ...

Talk to almost anyone about the forces at work behind Western politics’ contemporary upheaval, and it will not take long for your conversation to reach the discontents of the working class. In the ...

Accounting for the costs of climate change is an increasing focus globally. In 2024, the United States alone had 27 “confirmed weather/climate disaster events with losses exceeding $1 billion each,” ...

One observation is that the ease of bank transfers appears to have changed how the Fed’s monetary policy is absorbed in the market, suggests research by the Ohio State University’s Isil Erel, ...