26-00334.pdf

Chinese exporters are moving into halal food, cosmetics and fashion, but success in this vast market depends on something harder to manufacture than cheap goods: trust.

The Iran war has underscored the fragility of global energy markets, exposing which economies can withstand repeated shocks and which cannot. For ASEAN+3 countries, resilience will depend on stronger electricity systems, regional cooperation, and institutions that can manage persistent uncertainty. SINGAPORE—The past four months have demonstrated just how volatile oil markets can be. In March,…

Glen Hansard was killed early Wednesday when his motorcycle went off the Lower Road, west of Dublin. He was 56. Newspapers and music writers will tell the story of his life better than I ever could. But with his sudden passing and my affection for him and his work, I wanted to briefly write about what his music…

We thank seminar and conference participants at Chicago IO+, Yale, Penn, Princeton, Toronto, UT-Austin, KU Leuven, UNC, Wisconsin, Stanford, Northwestern, Pontificia Universidad Católica de Chile, Universidad de Chile, UC Berkeley, UCLA, UCSC, UBC, NBER IO, IIOC, and the FTC Micro Conference for comments. This paper would not be possible without Hugh McCartney’s contribution in sourcing…

We thank Andrew Chen (discussant), Ingrid Tierens, Stefan Nagel, and conference and seminar participants at The Future of AI in Asset Management Conference at Chicago Booth, the ABFR Seminar, Baruch College, Columbia University, and the University of Utah for helpful feedback and suggestions. For financial support, Koijen thanks the Center for Research in Security Prices…