SSRN’s mission is to rapidly share early-stage research and empower global scholarship to help shape a better future. Submit your work at https://xitter.cf/t.co/i1a0Vzu9tR.

Planet Earth 🌎
Joined March 2009
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SSRN is giving authors more control over how their work is shared. By the end of July, SSRN's submission process will include a range of licensing options, giving authors greater control over how their research is shared and reused. Read more: spkl.io/60187JrxA #SSRN
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This paper finds that #Bitcoin market information alone does not consistently improve #gold-price forecasts. Measuring relative trading activity between Bitcoin and gold significantly improves prediction performance across multiple machine-learning models. spkl.io/60167kTM4
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This paper combines reinforcement learning & lifecycle-#finance theory to study optimal investing when future labor income is uncertain. The results show that both consumption and risky #asset allocations should generally decline as retirement approaches. spkl.io/60157kTR1
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Hidden debt can change everything. This paper finds that Senegal's debt audit significantly altered its sovereign-risk outlook, moving the country closer to the default boundary. spkl.io/60107kTVq #DebtSustainability
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This paper argues that taxpayers may face a due-process problem when eligibility for the Section 30D clean-vehicle tax credit depends on a dealer filing that the taxpayer cannot control or cure. spkl.io/60137kTw1 #TaxLaw
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This paper challenges the idea that short-term #investor pressure is always harmful. Using a #mutualfund disclosure reform, finds that greater institutional scrutiny is associated with strategic scope expansion, improved profitability, & higher firm value. spkl.io/60117kTsv
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ESG is becoming part of executive pay, but mostly in the short term. New research finds growing use of ESG-linked compensation alongside significant gaps in long-term incentive design. spkl.io/60167kTE0 #ExecutiveCompensation
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This paper revisits whether technical stock-price patterns can generate profitable investment strategies. The study contributes to the longstanding debate over how much information is embedded in historical price movements. spkl.io/60157krCF #Investing #QuantFinance
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This paper finds that peer-to-peer #insurance pools may underperform because low-risk participants contribute less than is socially optimal. The result is weaker risk sharing and lower welfare than could be achieved under coordinated allocation. spkl.io/60147krfy #FinTech
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Trade credit isn't just delayed payment. New research shows it can transfer liquidity and risk between firms, acting as either insurance or contagion within supply chains. spkl.io/60177krIN #Finance
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This paper argues that life-insurer markups on annuities are driven primarily by hedging costs, solvency risks, and regulatory capital requirements, rather than by adverse selection alone. spkl.io/60127krvw #Insurance #Retirement
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This paper argues that COMI (Center of Main Interests), a cornerstone of cross-border insolvency law, has failed to reduce litigation, prevent forum shopping, or consistently maximize value for creditors. spkl.io/60187k3zs #Bankruptcy #CorporateLaw
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Machine learning is becoming a core tool in modern asset pricing. A new survey reviews how #ML and #LLMs are improving return prediction, factor discovery, and portfolio construction. spkl.io/60157k313 #QuantFinance
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This paper on #Polymarket's 2024 U.S. election market finds that standard volume measures can substantially overstate trading activity. Finds evidence of capital flowing to both sides of the market, consistent with differing beliefs. spkl.io/60177kM7z
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AI could make cash management smarter, but also less spkl.io/60107kMIq research suggests that reducing investor inattention may improve competition while increasing the risk of large fund outflows. spkl.io/60127kMIs #FinTech
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This article argues that new #scholarship trying to revive the idea of “general law” (unwritten norms courts can discover) runs into a major problem when that general #law is #commonlaw. Read: spkl.io/60137XmDF Subscribe: spkl.io/60177XmDf @LSELaw
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This paper applies the Kelly criterion to 100 years of market data & finds that growth-optimal leverage can lead to extremely large drawdowns. The results highlight why many #investors may prefer a fractional-Kelly approach rather than maximizing leverage. spkl.io/60197kBm7
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This paper finds that in #Bitcoin & #Ether options markets, rising prices can sometimes increase implied volatility, especially during strong uptrends. This contrasts with the traditional equity-market pattern where volatility usually falls as prices rise. spkl.io/60137kBj3
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This paper provides one of the first comprehensive studies of Private Debt Real Estate (PDRE) funds. Finds positive risk-adjusted performance relative to public debt benchmarks, while results vary sharply across the credit cycle. spkl.io/60157kBpL #PrivateCredit #RealEstate
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More sustainability imagery isn't always better. New research suggests that excessive ESG-focused visuals can reduce credibility with expert sustainability raters. spkl.io/60177k6WJ #ESG
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This @Geo_J_Intl_L article discusses how major powers are increasingly using coercive #economic tools—unilaterally & outside safeguards—rather than supporting liberal #trade & rule-based dispute resolution. Read: spkl.io/60197Xm8U Subscribe: spkl.io/60157Xm8v
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