MIT Golub Center for Finance and Policy

Policy Rx for the economy: Cash or credit?

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What is the best mix of cash and credit assistance to combat the economic fallout from the coronavirus pandemic, and what are the principles that should guide those choices? For policymakers [...]

Mar 27, 2020
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MIT Golub Center for Finance and Policy

A Simple Way Forward to Address the Economy During the Pandemic

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While Congress and the Administration wrestle with a massive $2 trillion response and many suggest expansive new loan programs, the simple way forward is to [...]

Mar 25, 2020
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MIT Golub Center for Finance and Policy

A Traditional Economic Stimulus Won’t Work. Here’s What Might.

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As the Covid-19 pandemic brings the U.S. economy to a standstill, a severe drop in consumer demand is putting vast numbers of businesses at risk of bankruptcy, and millions of [...]

Mar 25, 2020
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MIT Golub Center for Finance and Policy

Housing Finance Policy and the Coming Recession: Time to use current system to lower mortgage payments!

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Housing finance policy has been built during and for times of crisis. Just look at the long list of government actions related to the financing of housing [...]

Mar 25, 2020
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MIT Golub Center for Finance and Policy

Finance profs to Congress: “Bail out people, not corporations”

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A group of top financial economists from universities around the country, including many of my colleagues at Sloan, released a letter this week urging Congress to [...]

Mar 25, 2020
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