In a new book, Professor Gary Gorton explains the details of the banking panic behind the current financial crisis.


In the New York Times, Prof. Robert J. Shiller writes that there is a lack of evidence to support that the recent increase in home prices will lead to a sustained housing recovery.


Prof. Gary Gorton presented research on the shadow banking system at a Financial Crisis Inquiry Commission forum examining the causes of the crisis.


Research by Prof. Martijn Cremers and co-authors from Harvard Law School and INSEAD finds the share of top executive pay awarded to the CEO is related to firm performance.