This study examines the effect of peer-level analyst transitions (i.e., switching between brokerage houses) on associated regular incumbent analysts’ forecasting performance. We employ a difference-in-differences research design with analyst fixed effects and compare incumbent analysts of...

Over the last fifteen years, Russia has become a larger part of the global economy-and in the years ahead, it will continue to grow in prominence. If you want to improve your investment endeavors in this market, you must first understand how it operates. With Out of the Red as your guide, you'll...

Inefficiencies in agriculture in Eastern and Central Europe and the Soviet Union contributed to the financial collapse of the socialist system. Yet during the transition, agricultural production has declined. Low profits, high real interest rates, slow progress in reforms in some countries, and...