Do you see lights in bank office buildings in Central are usually on all night even during weekends and long lines at taxi stands near bank offices around midnight? In US, Banks’ “protected-weekend” policies restrict junior bankers from working during weekends. How are they actually affected? Prof. Okat from Finance used taxi rides from bank addresses in New York City to infer bankers’ working hours and reveal the truth. Learn more about Okat’s research here.
BizTalks
Going the Extra Mile: What Taxi Rides Tell Us about Long-hour Culture in Finance