Quantum computers are expected to surpass the computational capabilities of classical
computers during this decade and have transformative impact on numerous industry sectors …

The large inflow of investment capital to commodity futures markets in the past decade has
generated a heated debate about whether financialization distorts commodity prices. Rather …

From Nobel Prize–winning economist and New York Times bestselling author Robert
Shiller, a groundbreaking account of how stories help drive economic events—and why …

Winner of the Nobel Prize in Economics Get ready to change the way you think about
economics. Nobel laureate Richard H. Thaler has spent his career studying the radical …

This address considers the epidemiology of narratives relevant to economic fluctuations.
The human brain has always been highly tuned toward narratives, whether factual or not, to …

We add to the emerging literature on empirical asset pricing in the Chinese stock market by
building and analyzing a comprehensive set of return prediction factors using various …

The book takes a broad view of the subject matter of acroeconomics. A substantial portion of
the book is devoted to economic growth, and separate chapters are devoted to the natural …

It blends practical and theoretical coverage, while maintaining an appropriate rigor and a
clear writing style. Its unifying theme is that security markets are nearly efficient, meaning …

Recent empirical research in finance has uncovered two families of pervasive regularities:
underreaction of stock prices to news such as earnings announcements, and overreaction of …

We study how investor sentiment affects the cross‐section of stock returns. We predict that a
wave of investor sentiment has larger effects on securities whose valuations are highly …