News & Events

In the News

Coverage of research supported by the Jacobs Levy Center and other news.

2021

ESG loyalty will be tested as performance starts to lag
InvestmentNews | September 14, 2021
Research: Lubos Pastor, Robert Stambaugh, and Lucian Taylor

ESG performance won’t last, academics warn
FT Advisor | September 10, 2021
Research: Lubos Pastor, Robert Stambaugh, and Lucian Taylor

Will Coronavirus Bailouts Save the U.S. Economy?
Knowledge@Wharton | July 21, 2021
Research: Vadim Elenev, Tim Landvoigt, and Stijn Van Nieuwerburgh

What Rising Inflation Means for Stock Investors
Knowledge@Wharton | July 20, 2021
Research: Xiang Fang, Yang Liu, and Nikolai Roussanov

How a New Wave of Retail Investors Is Redefining Stock Pricing
Knowledge@Wharton | July 13, 2021
Research: Jeremy Michels

What lies behind the returns from ESG investing?
MoneyWeek | July 5, 2021
Research: Lubos Pastor, Robert Stambaugh, and Lucian Taylor

Why Green Assets May Not Continue to Outperform
Knowledge@Wharton | June 29, 2021
Research: Lubos Pastor, Robert Stambaugh, and Lucian Taylor

New Report Suggests ESG Returns Might Not Have Been as Successful Without Concerns Around Climate
Wharton Business Daily | June 24, 2021
Research: Lubos Pastor, Robert Stambaugh, and Lucian Taylor

How Far Could Pension Funds Drive Sustainable Investing?
Knowledge@Wharton | May 25, 2021

How Common Ownership of Startups Improves Innovation Efficiency
Knowledge@Wharton | May 18, 2021
Research: Xuelin Li, Tong Liu, and Lucian Taylor

Jessica Wachter Named SEC Chief Economist and Director of the Division of Economic and Risk Analysis
SEC Press Release | May 3, 2021

Why Making Public Colleges Tuition Free Won’t Close the Enrollment Gap
Knowledge@Wharton | March 15, 2021
Research: Mehran Ebrahimian

Yellen’s GameStop Dilemma: How to Let Indexers Freeload in Peace
Barron’s | February 14, 2021
Commentary: Christopher Geczy and David Musto

2020

Why ESG Investors Are Happy to Settle for Lower Returns
Knowledge@Wharton | November 9, 2020
Research: Lubos Pastor, Robert Stambaugh, and Lucian Taylor

Why Mispricing the Risks of Sea Level Rise Could Prove Costly
Knowledge@Wharton | November 3, 2020
Research: Benjamin Keys and Philip Mulder

How to Beat Analysts and the Stock Market with Machine Learning
Knowledge@Wharton | October 13, 2020
Research: Jules van Binsbergen, Xiao Han, and Alejandro Lopez-Lira

Why Collateralized Loan Obligations Will Not Cause the Next Financial Crisis
Knowledge@Wharton | August 10, 2020
Research: Larry Cordell, Michael Roberts, and Michael Schwert

Could Quantitative Finance Help Avert Future Market Crashes?
Knowledge@Wharton | July 1, 2020

Wharton will offer quantitative finance major for MBA students starting this fall
The Daily Pennsylvanian | April 23, 2020

Wharton School’s New Quantitative Finance Major, Professorship and Scholarship Program with $8 Million Gift from Bruce I. Jacobs
University of Pennsylvania Almanac | April 21, 2020

Why Free-lunch Strategies Cause Market Crashes
Knowledge@Wharton | April 20, 2020

Wharton to Offer Quant MBA Major With $8 Million Alumnus Gift
Bloomberg | April 2, 2020

Wharton awarded $8 million to establish quantitative finance major
Pensions & Investments | April 2, 2020

With $8M Gift, Wharton Creates A New MBA Finance Major
Poets & Quants | April 2, 2020

New Quantitative Finance Major and Dr. Bruce I. Jacobs Professorship and Scholars Mark New Chapter in Quantitative Finance Research and Education at the Wharton School
Press Release | April 2, 2020

How Undisclosed SEC Investigations Lead to Insider Trading
Knowledge@Wharton | March 2, 2020
Research: Terrence Blackburne, John Kepler, Phillip Quinn, and Daniel Taylor

2019

What’s the Link Between Mortgage Refinancing and Recessions?
Knowledge@Wharton | December 17, 2019
Research: Hui Chen, Michael Michaux, and Nikolai Roussanov

Behind the Markets: Interview with Ray Ball
Wharton Business Radio on SiriusXM | September 27, 2019

Behind the Markets: Interviews with Matthew Ringgenberg and Mihail Velikov
Wharton Business Radio on SiriusXM | September 27, 2019

Why a 1968 Paper Still Influences Modern Asset Management
Knowledge@Wharton | September 26, 2019

Wharton-Jacobs Levy quant prize to honor 2 accounting professors
Pensions & Investments | September 16, 2019

Wharton-Jacobs Levy Prize to Honor Ray Ball and Philip Brown for Financial Innovation at September Conference
Press Release | September 10, 2019

Do Corporate Audits Lead to Insider Trading?
Knowledge@Wharton | April 16, 2019
Research: Salman Arif, John Kepler, Joseph Schroeder, and Daniel Taylor

Family Firms and the Stock Market Performance of Acquisitions and Divestitures
Harvard Law School Forum | January 29, 2019
Research: Emilie Feldman

2018

The benefits of shadow banking in accommodating larger retirement needs
Vox CEPR Policy Portal | October 19, 2018
Research: Guillermo Ordonez

Shiller versus Siegel: Are Stocks Too High?
Advisor Perspectives | September 28, 2018

What Causes Financial Crises?
Knowledge@Wharton | September 25, 2018

Shiller, Siegel And Greenwood Discuss Valuations, Bubbles And More
Seeking Alpha | September 19, 2018

Siegel vs. Shiller: Is the Stock Market Overvalued?
Knowledge@Wharton | September 18, 2018

Shiller: The market is experiencing ‘irrational exuberance’
Yahoo! Finance | September 15, 2018

After the crash came the longest bull market ever. What now?
CNN Money | September 14, 2018

Nobel Prize winner Shiller sees ‘bad times in the stock market’ ahead
CNBC | September 14, 2018

Are Stock Prices Too Low or Too High? Siegel vs. Shiller
ThinkAdvisor | September 14, 2018

Behind the Markets
SiriusXM | September 14, 2018

Wharton’s Jacobs Levy Center to Revisit Peak of Global Financial Crisis, 10 Years Later, at Annual Conference
Press Release | August 29, 2018

Impact Investing: When Social Benefits Are in the Contract
Knowledge@Wharton | July 17, 2018
Research: Christopher Geczy, Jessica Jeffers, David Musto, and Anne Tucker

2017

Is Value Investing Really in the Doldrums?
Knowledge@Wharton | November 3, 2017
Christopher Geczy

Ross honored with quantitative innovation prize
Pensions & Investments | September 18, 2017

Behind the Markets: Live from the 2017 Conference
Wharton Business Radio | September 15, 2017
Interviews with Nikolai Roussanov and Richard Roll

Behind the Markets: 2017 Conference Preview
Wharton Business Radio | September 8, 2017
Interview with Christopher Geczy

Wharton-Jacobs Levy Prize to Honor Stephen Ross for Financial Innovation at September Conference
Wharton News | September 1, 2017
Wharton-Jacobs Levy Prize

How the Father of Arbitrage Pricing Theory Influenced Wall Street
Knowledge@Wharton | August 29, 2017
Wharton-Jacobs Levy Prize

What Money Managers Miss in Currency Carry Trades
Knowledge@Wharton | July 11, 2017
Jacobs Levy Center Research Paper Prizes

How Disagreements in Inflation Projections Affect Fixed Income Yields
Knowledge@Wharton | February 10, 2017
Research: Paul Ehling, Michael Gallmeyer, Christian Heyerdahl-Larsen, and Philipp Illeditsch

2016

What Are the Economic Benefits of the Shale Oil Boom?
Knowledge@Wharton | July 8, 2016
Research: Nikolai Roussanov

Yahoo sale could still draw Softbank, Alibaba
USA Today | July 7, 2016
Research: Emilie Feldman

At the Whiteboard with Chris Geczy
Wharton Magazine | Spring 2016
Christopher Geczy

Behind the Markets | May 20, 2016
Events: Spring 2016 Forum

Tracking Mutual Funds: What Drives Performance?
Knowledge@Wharton | May 10, 2016
Wharton-Jacobs Levy Prize

William F. Sharpe awarded Wharton-Jacobs Levy Prize
Pensions & Investments | May 10, 2016
Wharton-Jacobs Levy Prize

Wharton-Jacobs Levy Prize for Quantitative Financial Innovation to be Awarded to Nobel Laureate William F. Sharpe at 2016 Spring Forum
Wharton News | May 9, 2016
Wharton-Jacobs Levy Prize

What Is the Dow Jones Industrial Average (and Why Should I Care)?
Time Online | May 9, 2016
Christopher Geczy

2015

Selling the Golden-Egg Goose
The New Yorker | November 23, 2015
Research: Emilie Feldman

Why Wall Street Traders Keep Making a Fortune
Knowledge@Wharton | October 15, 2015
Research: Vincent Glode and Richard Lowery

Bloomberg Surveillance Radio | September 2015
Christopher Geczy

Top 10 Mistakes to Avoid When Starting Your Stock Portfolio
GOBankingRates | August 16, 2015
Christopher Geczy

Opinion: 12 market-beating stocks from a 214-year-old strategy

MarketWatch | July 10, 2015
Christopher Geczy

Building a Better Model for Valuing Bonds
Knowledge@Wharton | June 25, 2015
Research: Peter Feldhutter, Christian Heyerdahl-Larsen and Phillip Illeditsch

Can Uncertainty Be a Good Thing for Investors?
Knowledge@Wharton | June 2, 2015
Research: Gill Segal, Ivan Shaliastovich and Amir Yaron

Paper Rewarded in 2015
PhD Fellows: Yasser Boualam

Program Report: International Finance and Macroeconomics
NBER Reporter | 2015
Research: Enrique Mendoza

2014

When It Comes to CEOs, Equity and Press Releases, Timing Is Everything
Knowledge@Wharton | December 23, 2014
Research: Alex Edmans, Luis Goncalves-Pinto, Moqi Groen-Xu, and Yanbo Wang

Scale and Skill among Active Portfolio Managers
NBER Digest | June 2014
Research: Lubos Pastor, Robert Stambaugh and Lucian Taylor

‘Scale and Skill’: Why It’s Hard for Managed Funds to Beat the Indexers
Knowledge@Wharton | April 29, 2014
Research: Lubos Pastor, Robert Stambaugh and Lucian Taylor

Managers improve, but scale kills
International Financing Review | February 26, 2014
Research: Lubos Pastor, Robert Stambaugh and Lucian Taylor

New mutual funds better than older ones?
CNN Money | February 21, 2014
Research: Lubos Pastor, Robert Stambaugh and Lucian Taylor

Why New Mutual Funds Are Better
The Wall Street Journal | February 21, 2014
Research: Lubos Pastor, Robert Stambaugh and Lucian Taylor

Bigger Isn’t Always Better On Wall Street
Seeking Alpha | February 19, 2014
Research: Lubos Pastor, Robert Stambaugh and Lucian Taylor

The law of unintended consequences
The Economist | February 8, 2014
Research: Alex Edmans

‘Managerial Myopia’: How CEOs Pump Up Earnings for Their Own Gain
Knowledge@Wharton | February 7, 2014
Research: Alex Edmans

2011

Calculating the Impact of the New Quant Finance Center
Wharton Magazine | Fall 2011

Wharton Celebrates Launch of the Jacobs Levy Equity Management Center
Wharton Blog Network | September 9, 2011

Research Center, Prize to Foster Financial Analysis
The Wall Street Journal | September 7, 2011