US dairy futures markets of milk, butter, cheese, and dry whey exhibit unique volatility patterns under the Federal Milk Marketing Order pricing scheme. We show dairy volatilities have a relatively low connectedness among themselves and a commodity index. Dairy futures markets respond to...

We study the differences in hiring between White and minority managers in mutual fund industry over the past 30 years. While our results demonstrate a significant improvement in racial diversity over time, minorities still face higher barriers to entry. Our results indicate that a higher...

In this research we test the generalizability of an existing model for classifying information‐intensive services that can be globally disaggregated to Internet services. This categorization allows us to judge which types of Internet Initial Public Offerings (IPOs) are likely to have superior...