Research Roundup: Debt and Innovation, Short-selling, Creativity, & Subways

  • A debtor-friendly bankruptcy system is better for innovation (Review of Financial Studies)
  • Short-selling bans around the world in 2007-09: All bad (CEPR)
  • How Creative Should Creators Be To Optimize the Evolution of Ideas? A Computational Model (arXiv)
  • On the Efficiency of Underground Systems in Large Cities (arXiv)