Department of Finance

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Is passive investing degrading informational content of markets?

Passive investors are known for being steady. They don't follow every fluctuation in price, or listen to trading floor gossip. That passive approach may be messing up price signals and making business decisions harder, according to research from the Eccles School's Jonathan Brogaard and Matthew Ringgenberg. Discover how in The Atlantic.

2021-04-09T16:33:44-06:00April 9th, 2021|

Adam Looney: The case for targeted student loan debt relief

Student debt relief has become a hot topic in the Biden administration, with many calling for across-the-board forgiveness. But Adam Looney, executive director of the Marriner S. Eccles Institute for Economics and Quantitative Analysis, says a more targeted approach is in order, since much of the debt - 36% - is owed by individuals in the top 20% of income distribution. Read Looney's full [...]

2021-03-23T17:18:30-06:00March 23rd, 2021|

Statewide mask mandate benefits picking up press mentions

New research by several Eccles School faculty is showing up in news articles across the country. The research shows that state-wide mask mandates benefit local economies and provide health benefits. County-or-city-wide mandates do not appear to have the same benefits. Read more about the research in Forbes, The Washington Post, CBS Money Watch, The Chicago Tribune, and the Mississippi Free Press.

2021-01-11T13:25:05-07:00December 17th, 2020|

Does the middle class get a bad deal from the U.S. tax system?

The tax burden on the middle-class is a huge talking point for politicians. But is the burden actually that onerous? New research from Adam Looney and his colleagues shows that many in the middle class get more benefits than they pay in taxes. Read about their findings in The Washington Post.

2021-01-11T13:09:20-07:00December 11th, 2020|

Eccles School’s Student Investment Fund hits $1 million mark

The Student Investment Fund at the David Eccles School of Business hit the $1 million mark on Aug. 5, 2020. “I am really excited to reach the $1 million threshold,” said Elizabeth Tashjian, a professor of Finance and faculty advisor of the Student Investment Fund. “Although it is an arbitrary number, it says to our students, our alumni, and employers that the students have [...]

2020-09-11T12:50:04-06:00September 14th, 2020|

Government will need to extend support if another shutdown happens

It's no secret that COVID-19 has decimated the economy. But the hoped-for V-shaped recovery does not seem to be forthcoming, says Eccles School Finance Professor Jonathan Brogaard. He predicts more defaults and says the government may need to extend support to keep large segments of the economy from failing. Read his full comments in Newsweek.

2020-08-05T16:06:01-06:00August 5th, 2020|

Black, Latinx residents pay higher property taxes than white counterparts

Is your property tax evaluation racist? Probably so, according to new research from Eccles School economist Troup Howard. He and his co-author Carlos Avenancio-León of Indiana University looked at data from 118 million homes over the course of a decade, and found a huge "assessment gap" that shows Black and Latinx residents pay 10 to 13 percent more than white residents for the same [...]

2020-07-23T11:19:36-06:00July 23rd, 2020|

Do we still need humans on the trading floor?

Turns out we might still need humans on trading floors. New research from Eccles School professors Jonathan Brogaard and Matthew Ringgenberg shows that when face-to-face trading became too dangerous in the recent pandemic, "we find that floor traders are important contributors to market quality, even in the age of algorithmic trading. The suspension of floor trading leads to higher effective spreads, volatility, and pricing [...]

2020-06-15T09:42:11-06:00June 15th, 2020|

12 Markets in 12 Months with an Eccles Alum

Eccles School alum Burton Flynn started his finance career as a humble business student working in the Student Investment Fund, an undergraduate investment experience in fund management. Now, as a CFA and managing partner at Terra Nova Capital, Evli Group, Flynn has graduated from the $700,000 SIF portfolio and manages the Evli Emerging Frontier Fund. Flynn and his colleague Ivan Nechunaev, appearing in the [...]

2020-04-15T12:21:14-06:00March 12th, 2020|