The American Presidency Project provides presidential job approval poll results. These data are available for each U.S. president since President Franklin D. Roosevelt and for all the job approval polls conducted. The proposed Stata command, approval, downloads these presidential approval poll...

We hypothesize two channels in which market volatility affects initial public offering (IPO) activity. First, CEOs time the market for IPOs and volatility makes this decision process harder. Second, risk-averse IPO investors become more reluctant towards IPOs during periods of higher volatility...

We present an active-learning computer exercise where students pick stocks for a portfolio. Using their selection of stocks, two different portfolios are created: 1) a portfolio that never rebalances and 2) a portfolio that continuously rebalances. They then calculate the rates of return and...

Rental prices have been increasing throughout the country for the last several years. While New Orleans is no exception to this trend, rental rates have decreased in most area zip codes in the last six months. In the meantime, vacancy rates have been fairly constant at their average rates. In...

We estimate the total economic impact of Airbnb on the New Orleans economy for 2015. Total economic impact is the sum of (1) the “direct effect” of spending on rent, food and beverages, transportation, and the like, (2) the “indirect effect,” where sectors which form the supply chain of...

Earnings yield theory argues that current stock prices reflect the present value of all expected future payouts. Ultimate aim of a company is to generate income. Items in financial statements therefore show, among others, how likely is it for a company to turn a positive income. Investors pay...

The DL-Trading Game is a new, open-source, instructional trading game developed to teach and assess finance at the introductory undergraduate through MBA levels. Teaching portfolio management and employing market models such as CAPM, students cannot have a practical understanding of the concepts...

Political, economic and legal risks are among the causes of market inefficiency and the consequent under-development of financial markets. To further the understanding of the factors affecting market development, this study evaluates the Athens Stock Exchange (ASE). The Greek market provides a...