Douglas Laporte
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Research
U.S. Equity Crowdfunding: Real Effects of Financing Small Entrepreneurs
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Equity crowdfunding allows small businesses to raise capital from the public via online platforms. We find that, despite having limited impact on diversifying…
Douglas Laporte, Rebecca Lester
Measuring Cross-Sectional Variation in Expected Returns: A Machine Learning Approach
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I develop and test a new machine learning method for estimating cross-sectional firm-level expected returns. My approach adapts the loss function of a random forest…
Douglas Laporte
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