Finance Matters

Finance Matters is the MIT Sloan Finance Group’s platform for sharing the latest on Finance faculty research, perspectives on financial industry news, MIT Sloan finance-related events, and will feature guest posts from our faculty, students, alumni, and affiliates.

Rethinking How the Housing Crisis Happened

Posted by MIT Sloan Finance Group on November 9, 2016

New research casts into doubt the central storyline of 2008—that this was ever a subprime crisis to begin with. “In 2006, Robert and Julia Tanner borrowed $30,000 to put an enclosed patio on their home that they had somehow managed to live without for 25 years. Why don’t you ask them about that when they’re spitting in your face while you walk them to the curb? Why don’t you ask the bank what the hell they were thinking giving these…
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Reception Held in Honor of Bengt Holmström, co-recipient of the 2016 Nobel Prize in Economics Sciences

Posted by MIT Sloan Finance Group on November 2, 2016

On  Tuesday, November 1st the MIT Sloan Office of the Dean, Finance Group and Applied Economics Group co-hosted a reception in honor of Professor Bengt Holmström. Approximately 175 faculty, students and staff members gathered to congratulate Professor Holmström on being selected as the co-recipient of the 2016 Svergies Riksbank Prize in Economics Sciences in Memory of Alfred Nobel. Speakers included David Schmittlein, John C Head III Dean, Professor Robert Gibbons, Sloan Distinguished Professor of Management, Professor Stephen Ross, Franco Modigliani Professor of Financial…
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What Your Credit-Card Offers Say About You

Posted by Antoinette Schoar on September 16, 2016

See the original article on WSJ Experts page>> As more and more personal data becomes available, businesses are now able to target customers in a personalized and sophisticated way.  On the bright side, that means you can get products and services that are tailored to your needs. As a result, you are much less likely to get catalogs featuring dresses your grandmother might wear. But, according to our research, the downside is that companies can also more effectively target your behavioral…
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Opinions expressed in this blog are that of individuals and do not reflect the general opinion of Massachusetts Institute of Technology and MIT Sloan.