University of Chicago GSB

Efficient Market Hypothesis

"The History of the Efficient Markets Hypothesis: A talk by Eugene F. Fama for the Myron Scholes Forum." Oct. 10, Watch video

The Credit Crisis:

Get Real about the Financial Crisis
Op-ed by Christian Leuz
The WSJ, Oct. 9, Read article

The Credit Crisis: A Lecture Series
Register>

Luigi Zingales testifies before the Committee on Oversight and Government Reform Read more>

Comparing Alternatives to the Paulson Plan: a table with links to each plan Learn more

It is no longer illiquidity!
a note by Raghuram Rajan

The Financial Crisis: Where do we go now? A note by John H. Cochrane

Pay Curbs May Weaken Bailout
by Steve Kaplan
The WSJ, Sept. 29, Read article

Luigi Zingales on LA NPR Station
Sept. 24, Listen here>

Interview on the Crisis and its Impact on the Economy with Christian Leuz on German TV Station, Watch

Fixing the Paulson Plan
Op-Ed by Doug Diamond, Steve Kaplan, Anil Kashyap, Raghuram Rajan, and Richard Thaler
The WSJ, Sept. 26, Read article

Even Desperate Times Need the Right Measures, a note by Raghuram Rajan

Reject Henry Paulson's raw Deal - there's a far better solution
Op-Ed by Luigi Zingales
Daily News, Sept. 24, Read article

Let's Get the Bank Rescue Right
Op-Ed by Luigi Zingales
The WSJ, Sept. 24, Read article

The $700 Billion Question
Op-Ed by Anil Kashyap
The NYT, Sept. 23, Read article

What's Happening and What the Government Should Do About It
Some faculty perspectives from the Chicago GSB "lunchroom" Watch Video 

Eugene Fama will present "History of the Theory and Evidence on the Efficient Markets Hypothesis" Learn more>

Welcome to the Initiative on Global Markets

The massive global movements of capital, products and talent in the modern economy have fundamentally changed the nature of business in the 21st Century. They have also generated confusion among policymakers and the public.

Chicago GSB will continue our role as thought leader on how these markets work, their effects, and the way they interact with policies and institutions.

The Initiative on Global Markets will organize our efforts. It will support original research by Chicago GSB faculty, prepare our students to make good decisions in a rapidly changing business environment, and exchange ideas with policymakers and leading international companies about the biggest issues facing the global economy.

The Initiative will span three broad areas

By enhancing the understanding of business and financial market globalization, and by preparing MBA students to thrive in a global environment, the initiative will help improve financial and economic decision-making around the world.

The Initiative on Global Markets was launched with a founding grant from the Chicago Mercantile Exchange (CME) Trust. The CME Trust funds academic research on various aspects of financial markets.