Using previously unexplored custodial data, we examine the use of alternative investment vehicles(AVs) in private equity over four decades. By 2017, AVs reached 40% of all PE commitments.Average AV performance matches the PE market, but underperforms the main funds of thepartnerships sponsoring...

Introduction / Josh Lerner and Antoinette Schoar -- International perspectives on the nature of entrepreneurship -- Explaining international differences in entrepreneurship: the role of individual characteristics and regulatory constraints / Silvia Ardagna and Annamaria Lusardi -- Who are the...

Digital technologies and fintech firms have rapidly reshaped the consumer financial landscape in recent years, and have the potential to help consumers make better decisions and improve their financial health. Existing technologies such as autopay are also experiencing increased takeup, a trend...