According to Paola Sapienza, a professor of finance at Northwestern University in Illinois who is one of the paper's authors, that is just what has happened.

根据伊利诺伊州西北大学金融学教授，该篇论文作者之一，Paola Sapienza所说，这正是曾经所发生的一切的根源。

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Northwestern University Economics Professor Paola Sapienza says any savings from budget cuts could become irrelevant, if the U.S. defaults on its debt, or receives a credit rating downgrade.

西北大学经济学教授Paola Sapienza表示，如果美国拖欠债务，或者债务信誉等级降低，任何预算削减都是不可能的。

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Northwestern University Economics Professor Paola Sapienza says any savings from budget cuts could become irrelevant, if the U. S. defaults on its debt, or receives a credit rating downgrade.

西北大学经济学教授Paola Sapienza表示，如果美国拖欠债务，或者债务信誉等级降低，任何预算削减都是不可能的。

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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

According to Paola Sapienza, a professor of finance at the Kellogg School of Management in Illinois who is one of the paper's authors, that is just what has happened.

ECONOMIST: Education and sex

But a piece of research just published in the Proceedings of the National Academy of Sciences by Paola Sapienza of Northwestern University, near Chicago, suggests an alternative that it is not a person's sex, per se, that is the basis for discrimination, but the level of his or her testosterone.

ECONOMIST: Women, testosterone and finance