Category Archives: Effects of reform

Regulations and Brain Drain: Evidence from Wall Street Star Analysts’ Career Choices

By | November 19, 2018

Courtesy of Yuyan Guan, Congcong Li, Hai Lu, and Franco Wong Sell-side analysts from investment banks have long been suspected of issuing overly optimistic stock research in exchange for investment banking business, especially during the Internet bubble period in the late 1990s. Amongst a series of reforms from 2002 to 2003 to address the conflicts… Read More »

Effects of Regulatory Reform on Growth

By | October 5, 2016

After delivering a speech at a conference in Atlanta during the summer of 2011, then Federal Reserve Chairman Ben Bernanke received a pointed question from JP Morgan Chase CEO Jamie Dimon, who after listing several new post-crisis banking regulations, asked the Chairman: “Has anyone bothered to study the cumulative effect of all these things, and… Read More »