Andrew Granato
@agranato42.bsky.social
PhD candidate in financial economics at Yale; JD ‘24. "We are selling to willing buyers at the current fair market price - so that we may survive." Site: https://sites.google.com/view/andrewgranato/
Reposted by Andrew Granato
Wrote a new paper on the econometrics of financial event studies, would value feedback! It's very new.
With my amazing grad student Tianshu Lyu www.tianshulyu.com, who is on the market. You should hire him!
paulgp.com/papers/finan...
With my amazing grad student Tianshu Lyu www.tianshulyu.com, who is on the market. You should hire him!
paulgp.com/papers/finan...
November 19, 2025 at 4:43 AM
Wrote a new paper on the econometrics of financial event studies, would value feedback! It's very new.
With my amazing grad student Tianshu Lyu www.tianshulyu.com, who is on the market. You should hire him!
paulgp.com/papers/finan...
With my amazing grad student Tianshu Lyu www.tianshulyu.com, who is on the market. You should hire him!
paulgp.com/papers/finan...
Reposted by Andrew Granato
Before Switzerland’s largest life insurance company agreed to pay the U.S. government more than $77 million for facilitating tax evasion, it arranged private placement life insurance policies for Russian oligarchs, leaked documents from @icij.org show.
Read more: https://taxnotes.co/3XdFjUq
Read more: https://taxnotes.co/3XdFjUq
November 25, 2025 at 4:39 PM
Before Switzerland’s largest life insurance company agreed to pay the U.S. government more than $77 million for facilitating tax evasion, it arranged private placement life insurance policies for Russian oligarchs, leaked documents from @icij.org show.
Read more: https://taxnotes.co/3XdFjUq
Read more: https://taxnotes.co/3XdFjUq
I'm quoted in the latest @laurenloricchio.bsky.social + @chandrawallace.bsky.social @taxnotes.com investigation of the "offshore" life insurance industry, which found a Russian oligarch with a $430 million policy. Article here: www.taxnotes.com/tax-notes-to...
November 24, 2025 at 11:04 PM
I'm quoted in the latest @laurenloricchio.bsky.social + @chandrawallace.bsky.social @taxnotes.com investigation of the "offshore" life insurance industry, which found a Russian oligarch with a $430 million policy. Article here: www.taxnotes.com/tax-notes-to...
Expert Asymmetry reviewed in JOTWELL!
Jotwell Courtslaw:
Sergio J. Campos, You Get What You Pay For: Experts in Securities Class Actions, JOTWELL (November 12, 2025), courtslaw.jotwell.com/you-get-what....
Sergio J. Campos, You Get What You Pay For: Experts in Securities Class Actions, JOTWELL (November 12, 2025), courtslaw.jotwell.com/you-get-what....
November 13, 2025 at 3:25 PM
Expert Asymmetry reviewed in JOTWELL!
Excited to announce this paper has been accepted at the Journal of Empirical Legal Studies! Thank you to BC Law,
where I happened to be presenting it today. We have a couple more presentations between now and the due date to continue refining, and an updated version is up on SSRN.
where I happened to be presenting it today. We have a couple more presentations between now and the due date to continue refining, and an updated version is up on SSRN.
NEW PAPER: Expert Asymmetry. When there is a "battle of the experts," civil procedure rules mean that defendants spend more on expert witnesses. In a decade of handcollected securities litigation data, Ds spend 37% more on economist experts (avg $1,150/hour). Draft: papers.ssrn.com/sol3/papers....
September 30, 2025 at 3:01 AM
Excited to announce this paper has been accepted at the Journal of Empirical Legal Studies! Thank you to BC Law,
where I happened to be presenting it today. We have a couple more presentations between now and the due date to continue refining, and an updated version is up on SSRN.
where I happened to be presenting it today. We have a couple more presentations between now and the due date to continue refining, and an updated version is up on SSRN.
If you're at BC Law, I will be presenting Expert Asymmetry: Evidence from Securities Litigation in the Regulation and Markets Workshop today! www.linkedin.com/posts/boston...
Andrew Granato (Yale School of Management): "Expert Asymmetry: "Evidence from Securities Litigation" | Boston College Law School
BC Law welcomes Andrew Granato, Ph.D. Candidate from Yale School of Management for our Regulation and Markets workshop! Granato will be presenting on his work in progress "Expert Asymmetry: Evidence ...
www.linkedin.com
September 29, 2025 at 4:43 PM
If you're at BC Law, I will be presenting Expert Asymmetry: Evidence from Securities Litigation in the Regulation and Markets Workshop today! www.linkedin.com/posts/boston...
Reposted by Andrew Granato
NEW: Adam Callister and @agranato42.bsky.social (@yalesom.bsky.social), and Belisa Pang (@umichlaw.bsky.social) argue that differing incentives faced by plaintiffs and defendants in “battles of the experts” litigation leads to structurally higher spending by defendants on expert witnesses.
Corporate Defendants Significantly Outspend Plaintiffs in Expert Witness Arms Races - ProMarket
In new research, Adam Callister, Andrew Granato, and Belisa Pang argue that differing incentives faced by plaintiffs and defendants in "battles of the experts" litigation (like securities suits) leads to structurally higher spending by defendants on expert witnesses. These incentives also apply to any class action suit and many individual suits. They argue that courts should take this dynamic into account and correspondingly be more aggressive in using authority to employ court-appointed experts.
www.promarket.org
September 11, 2025 at 4:00 PM
NEW: Adam Callister and @agranato42.bsky.social (@yalesom.bsky.social), and Belisa Pang (@umichlaw.bsky.social) argue that differing incentives faced by plaintiffs and defendants in “battles of the experts” litigation leads to structurally higher spending by defendants on expert witnesses.
Update to this paper with a variety of additional robustness analysis just pushed to SSRN! I'll be presenting it at the Conference on Empirical Legal Studies and Boston College Law School Regulation & Markets Workshop this fall.
NEW PAPER: Expert Asymmetry. When there is a "battle of the experts," civil procedure rules mean that defendants spend more on expert witnesses. In a decade of handcollected securities litigation data, Ds spend 37% more on economist experts (avg $1,150/hour). Draft: papers.ssrn.com/sol3/papers....
August 23, 2025 at 3:22 PM
Update to this paper with a variety of additional robustness analysis just pushed to SSRN! I'll be presenting it at the Conference on Empirical Legal Studies and Boston College Law School Regulation & Markets Workshop this fall.
I am on the legal academic job market! My job talk paper is on how courts in tax, corporate, and bankruptcy law spheres value business interests systematically differently, such that the same asset is "worth" different amounts of money depending on the substantive underlying law.
August 12, 2025 at 3:48 PM
I am on the legal academic job market! My job talk paper is on how courts in tax, corporate, and bankruptcy law spheres value business interests systematically differently, such that the same asset is "worth" different amounts of money depending on the substantive underlying law.
Thanks @andrewkjennings.com @busscholarship.bsky.social for having us on to talk about expert witnesses!
Which expert witnesses get paid the most, and who do they work for?
Adam Callister and @agranato42.bsky.social (@yalesom.bsky.social) and Belisa Pang (@umichlaw.bsky.social) join @busscholarship.bsky.social to discuss their article "Expert Asymmetry: Evidence from Securities Litigation." 1/2
Adam Callister and @agranato42.bsky.social (@yalesom.bsky.social) and Belisa Pang (@umichlaw.bsky.social) join @busscholarship.bsky.social to discuss their article "Expert Asymmetry: Evidence from Securities Litigation." 1/2
Business Scholarship Podcast - Ep.252 – Adam Callister, Andrew Granato and Belisa Pang on Expert...
YouTube video by Business Scholarship Podcast
youtu.be
July 21, 2025 at 2:08 PM
Thanks @andrewkjennings.com @busscholarship.bsky.social for having us on to talk about expert witnesses!
Reposted by Andrew Granato
One of best public universities on one of the five most beautiful campuses in the country. Decimated.
Indiana University Bloomington to Eliminate or Suspend Over 100 Academic Programs in Sweeping Restructuring - The Bloomingtonian
BLOOMINGTON, Ind. — Indiana University Bloomington is suspending or eliminating more than 100 academic programs across a wide range of disciplines ahead of the 2026-27 academic year. The programs are ...
bloomingtonian.com
July 1, 2025 at 3:00 AM
One of best public universities on one of the five most beautiful campuses in the country. Decimated.
In 2021, I wrote about a result that occurs when the sum of the marginal federal & state income and capital gains tax rates exceeds 100%: it becomes outright more profitable for top-rate taxpayers to donate low-basis assets than sell them. medium.com/@agranato/wh...
When Donating to Charity Makes the Rich Richer: A Loophole in Raising Capital Gains Taxes
A confluence of proposed tax provisions means that, under some limited circumstances, a rich person donating will increase their wealth.
medium.com
June 26, 2025 at 3:13 PM
In 2021, I wrote about a result that occurs when the sum of the marginal federal & state income and capital gains tax rates exceeds 100%: it becomes outright more profitable for top-rate taxpayers to donate low-basis assets than sell them. medium.com/@agranato/wh...
NEW PAPER: Expert Asymmetry. When there is a "battle of the experts," civil procedure rules mean that defendants spend more on expert witnesses. In a decade of handcollected securities litigation data, Ds spend 37% more on economist experts (avg $1,150/hour). Draft: papers.ssrn.com/sol3/papers....
June 18, 2025 at 2:50 PM
NEW PAPER: Expert Asymmetry. When there is a "battle of the experts," civil procedure rules mean that defendants spend more on expert witnesses. In a decade of handcollected securities litigation data, Ds spend 37% more on economist experts (avg $1,150/hour). Draft: papers.ssrn.com/sol3/papers....
Reposted by Andrew Granato
California's Senator Alex Padilla is dragged out of a Kristi Noem press conference by security, then forced on the ground and cuffed. Stills from video:
June 12, 2025 at 6:41 PM
California's Senator Alex Padilla is dragged out of a Kristi Noem press conference by security, then forced on the ground and cuffed. Stills from video:
Securities class actions are an effective place to study civil procedure because they are tracked, fairly standardized, and nearly always filed in federal courts so their Dockets are available on Bloomberg. scholarlycommons.law.emory.edu/cgi/viewcont...
June 8, 2025 at 11:57 PM
Securities class actions are an effective place to study civil procedure because they are tracked, fairly standardized, and nearly always filed in federal courts so their Dockets are available on Bloomberg. scholarlycommons.law.emory.edu/cgi/viewcont...
Reposted by Andrew Granato
.@LAPDHQ officer just raised and aimed directly at a protester.
June 8, 2025 at 10:50 PM
.@LAPDHQ officer just raised and aimed directly at a protester.
now this is a fun one academic.oup.com/jla/article/...
June 1, 2025 at 10:20 PM
now this is a fun one academic.oup.com/jla/article/...
An ETF company, Alpha Architects, is about to launch a product specifically designed so that high-net-worth investors with relatively concentrated portfolios and high unrealized gains can conduct a tax-free 351 transfer into a fully diversified ETF. funds.alphaarchitect.com/wp-content/u...
May 31, 2025 at 6:24 PM
An ETF company, Alpha Architects, is about to launch a product specifically designed so that high-net-worth investors with relatively concentrated portfolios and high unrealized gains can conduct a tax-free 351 transfer into a fully diversified ETF. funds.alphaarchitect.com/wp-content/u...
Reposted by Andrew Granato
Breaking News: A judge blocked a Trump administration move to bar Harvard University from admitting international students, hours after the school filed suit.
Judge Blocks Trump Effort to Bar International Students at Harvard
www.nytimes.com
May 23, 2025 at 4:18 PM
Breaking News: A judge blocked a Trump administration move to bar Harvard University from admitting international students, hours after the school filed suit.
The peer review process at one of the most prestigious journals in economics did not catch that an entire submission seems to have been a fabrication. thebsdetector.substack.com/p/ai-materia...
AI, Materials, and Fraud, Oh My!
The red flags we should have seen earlier for a too-good-to-be-true paper on AI tool adoption at a materials research firm
thebsdetector.substack.com
May 18, 2025 at 12:20 AM
The peer review process at one of the most prestigious journals in economics did not catch that an entire submission seems to have been a fabrication. thebsdetector.substack.com/p/ai-materia...
Reposted by Andrew Granato
Our NEA grant was canceled.
Here’s a letter from our development director about what’s happening.
Here’s a letter from our development director about what’s happening.
May 4, 2025 at 3:44 PM
Our NEA grant was canceled.
Here’s a letter from our development director about what’s happening.
Here’s a letter from our development director about what’s happening.
Thanks to ICI Research Seminar for having me to talk about life insurance taxation. More to come!
April 25, 2025 at 9:18 PM
Thanks to ICI Research Seminar for having me to talk about life insurance taxation. More to come!
What’s inconvenient? Flying in and out of an airport half a state away when there’s an airport with a similar route in your very city. What’s the right thing to do? Refuse to support an airport that volunteers for lawless ICE deportation flights. Proud to boycott Avelo. www.wfsb.com/2025/04/17/p...
April 24, 2025 at 5:50 PM
What’s inconvenient? Flying in and out of an airport half a state away when there’s an airport with a similar route in your very city. What’s the right thing to do? Refuse to support an airport that volunteers for lawless ICE deportation flights. Proud to boycott Avelo. www.wfsb.com/2025/04/17/p...
