Impulse responses to an expansionary monetary shock in the standard New Keynesian model and New Keynesian model with fairness concerns

When Two Tribes Go To Work: Board Political Diversity and Firm Performance

European Journal of Political Economy Analysing the effects of ideological diversity in boardrooms, we find a positive correlation with firm performance. However, the causal effect is instead negative, even excluding top management. The implications are discussed in light of growing polarization.

June 2020 · James Rockey, Nadia Zakir