"The go-to valuation guide for more than 30 years has been updated with need-to-know information about taxes, financial reporting, compliance, and more When it was first published in 1981, Valuing a Business set a new standard in business publishing. Now in its sixth edition, this landmark guide...

There appears to be a disconnect between the importance of the zero bound on nominal interest rates in the real-world and predictions from quantitative DSGE models. Recent economic events have reinforced the relevance of the zero bound for monetary policy whereas quantitative models suggest that...

Recent asset pricing models of limits to arbitrage emphasize the role of funding conditions faced by financial intermediaries. In the US, the repo market is the key funding market. Then, the premium of on-the-run U.S. Treasury bonds should share a common component with risk premia in other...