Cambridge Judge Business School: The CCFin blog

What caused the leverage cycle run-up to 2008 financial crisis? 1 March 2018

The 2008 financial crisis has far-reaching impact on financial markets and real economy. Although academic researchers and public policymakers have reached a …

Transaction costs, consumption and investment 1 March 2018

The theoretical modelling of individuals’ consumption and investment behaviours is an important micro-foundation of asset pricing. Despite being a classical problem in …

Book-to-market ratio and inflexibility: the effect of unrecorded R&D capital 21 December 2017

By Yuan Li, Research Associate, Cambridge Centre for Finance (CCFin) and Cambridge Endowment for Research in Finance R&D investment has been playing …

What causes the executive pay gap between public and private firms? 24 November 2017

Jisok Kang, a CERF Research Associate at the Cambridge Centre for Finance (CCFin), and his coauthors, Kee-Hong Bae and Albert Tsang, investigate …

“Because everyone else was doing it.” 19 October 2017

by Frank (Hui) Xu, Research Associate, Cambridge Centre for Finance and Cambridge Endowment for Research in Finance After the 2008 financial crisis, …

“Value & Profit”: new book by Geoffrey Whittington published August 2017 22 September 2017

Cambridge University Press has recently published a new book by Geoffrey Whittington, Senior Research Associate at the Cambridge Centre for Finance (CCFin). …

Probability weighting and stock trading behaviours 5 September 2017

Humans are far from being a perfect machine of decision making especially in the face of uncertainty. One prevalent phenomenon is that …

What are bubbles? 15 August 2017

Dr Qiusha Peng of the Cambridge Centre for Finance (CCFin) explains what bubbles mean to those in the financial world. Accompanying the …

Does anchoring impede investors’ interpretation of earnings news? 4 August 2017

In his best-selling book, Thinking, Fast and Slow, Nobel Memorial Prize in Economics laureate Daniel Kahneman describes anchoring as “one of the …

Our social interactions are informative of our investment decisions 3 August 2017

When we are investing, we don’t mindlessly copy our peers, according to new research carried out by Cambridge Centre for Finance (CCFin) …

Does the stock market benefit the economy? 2 August 2017

A research project carried out by a Research Associate at the Cambridge Centre for Finance (CCFin), Jisok Kang, and his co-author, Kee-Hong …

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