Investor memory and biased beliefs: Evidence from the field

Financial markets are volatile, and research attributes this to highly variable and often irrational investor beliefs. This column uses a large-scale survey of Chinese retail
Investment funds and euro disaster risk

Investment funds are important players in global financial markets. This column examines their behaviour and interaction with other investors during stress periods on European sovereign
Disentangling trade policy uncertainty and equity market performance

Despite headlines dominated by threats and implementations of US and retaliatory tariffs since President Trump’s inauguration, it was not until his “Liberation Day” announcement on
Living la vida loca? Remote investing in Latin America, 1869-1929

Foreign stock exchange listings have become increasingly popular during the last 80 years. This column examines companies that were governed and listed in London during
Who supplies and demands safe assets – and why it matters

Safe assets are the building blocks of modern financial markets. This column examines the sectoral dynamics of safe assets across advanced economies since the 1980s.

