Browsing by Author "Powers, Thomas"

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    • Essays on International Finance and Asset Pricing 

      Powers, Thomas Yang (2016-05-14)
      My first essay investigates the relationship between risk and return for investment projects within the firm. I focus on the film industry and find that more volatile movies have higher rates of return, even though this ...

    • Expected Returns on Real Investments: Evidence from the Film Industry 

      Powers, Thomas (2014)
      Asset pricers generally study the pricing of secondary market securities. Using a proprietary, project-level dataset on the film industry, I am able to study a cross-section of expected returns on real investments instead. ...