Volume 146, Issue 1, 2022

1. Personal finance education mandates and student loan repayment
Daniel Mangrum

2. Bucking the trend: Why do IPOs choose controversial governance structures and why do investors let them?
Laura Casares Field, Michelle Lowry

3. Growth forecasts and news about monetary policy
Nina Karnaukh, Petra Vokata

4. Why does the Fed move markets so much? A model of monetary policy and time-varying risk aversion
Carolin Pflueger, Gianluca Rinaldi

5. Can FinTech reduce disparities in access to finance? Evidence from the Paycheck Protection Program
Isil Erel, Jack Liebersohn

6. Price-setting in the foreign exchange swap market: Evidence from order flow
Olav Syrstad, Ganesh Viswanath-Natraj

7. The secured credit premium and the issuance of secured debt
Efraim Benmelech, Nitish Kumar, Raghuram Rajan

8. On the information content of credit ratings and market-based measures of default risk
Oleg R. Gredil, Nishad Kapadia, Jung Hoon Lee

9. Speculative dynamics of prices and volume
Anthony A. DeFusco, Charles G. Nathanson, Eric Zwick

10. Peer selection and valuation in mergers and acquisitions
Gregory W. Eaton, Feng Guo, Tingting Liu, Micah S. Officer

11. Executive stock options and systemic risk
Christopher Armstrong, Allison Nicoletti, Frank S. Zhou

12. The international propagation of economic downturns through multinational companies: The real economy channel
Jan Bena, Serdar Dinc, Isil Erel

13. Millionaires speak: What drives their personal investment decisions?
Svetlana Bender, James J. Choi, Danielle Dyson, Adriana Z. Robertson

14. Young firms, old capital
Song Ma, Justin Murfin, Ryan Pratt