Douglas Laporte
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Research
U.S. Equity Crowdfunding: Real Effects of Financing Small Entrepreneurs
Equity crowdfunding allows small businesses to raise capital from the public via online platforms. We find that it improves access to capital by financing younger firms than…
Nov 21, 2023
Douglas Laporte, Rebecca Lester
Measuring Cross-Sectional Variation in Expected Returns: A Machine Learning Approach
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…
Jun 15, 2023
Douglas Laporte
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