When can financial advisor conflicts of interest generate worse outcomes for clients? A
regulation following from Dodd-Frank prohibits municipal advisors from simultaneously …

Abstract After the US Supreme Court overturned Roe v. Wade, states with abortion “trigger”
bans tied to the decision see an increase in municipal bond yields relative to states with …

State and local governments are attractive cybercrime targets because of inadequate
cybersecurity and ample access to sensitive information. We show that external data …

The municipal bond market has been widely criticized for its lack of disclosure, which prior
research has attributed to weak regulatory oversight. We propose the tax clientele for tax …

Antitrust regulations in banking have historically targeted commercial banking activities.
Does the consolidation of investment banks have anti-competitive effects? Using the …

Utilizing a staggered difference-indifferences approach, this paper examines how same-sex
marriage bans affect public financing costs. We find that municipal bonds issued in states …

Does investment bank consolidation have analogous effects as commercial bank
consolidation? The municipal bond underwriting market provides a natural laboratory for …

Since its inception in 2013, green bonds, as a nascent financial instrument, have channeled
trillions of financial capital towards environmentally-friendly projects. Yet, the pricing …