In new research, Oliver Hart, of Harvard University, and Luigi Zingales, of the University of Chicago, argue that the mix of debt and equity should fluctuate according to the risk of bank failure.

美国哈佛大学的Oliver Hart和芝加哥大学的Luigi Zingales在最新研究当中主张说，债务和股本的组合应随着银行倒闭的风险而波动。

youdao

According to a survey by Paola Sapienza and Luigi Zingales, effectively all economists agreed that stock prices are hard to predict.

FORBES: Five Investing Facts You Should Know

Luigi Zingales said either the banks were worse off than we thought or, and I know this sounds silly, the banks are scared.

NPR: Why Haven't Credit Problems Been Resolved?

Economist Luigi Zingales is worried that the United States is becoming a land of crony capitalism and nepotism, and will suffer the fate of his homeland of Italy.

FORBES: A Capitalism for the People