MIT Golub Center for Finance and Policy Public Policy

Analysis of the Proposed 2020 FHFA Rule on Enterprise Capital

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Edward Golding (MIT), Laurie Goodman (Urban Institute), and Jun Zhu (Indiana University and Urban Institute)

Sep 2, 2020
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MIT Golub Center for Finance and Policy Public Policy

Financing Treasury Debt with SOFR Floating Rate Notes: Is It a Good Idea?

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Haoxiang Zhu, Associate Professor of Finance at the MIT Sloan School of Management; Research Associate at the National Bureau of Economic Research; Faculty Affiliate of the MIT GCFP and the […]

Jul 17, 2020
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MIT Golub Center for Finance and Policy

Usable bank capital

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The COVID-19 induced ‘Great Lockdown’ has cast doubt on the efficacy of bank buffers in supporting the real economy in times of crisis. Despite accommodative regulatory and supervisory action, banks remain hesitant to [...]

Jul 7, 2020
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MIT Golub Center for Finance and Policy

Estimating Probabilities of Success of Vaccine and Other Anti-Infective Therapeutic Development Programs

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In a paper published in the Harvard Data Science Review on May 14, 2020, the co-director of GCFP, Andrew Lo, along with his co-authors Kien Wei Siah and Chi Heem Wong, estimate the probability of success (PoS) of [...]

May 27, 2020
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MIT Golub Center for Finance and Policy

Funding pandemic relief: Monetise now

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Deborah J. Lucas, Sloan Distinguished Professor of Finance and Director, MIT Golub Center for Finance and Policy Refet A. Gürkaynak, Professor of Economics and Department Chair, Bilkent University

May 15, 2020
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MIT Golub Center for Finance and Policy

Federal stimulus favors wealthy investors and major companies

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In an article in The Hill, Bob Pozen explores how the recently enacted Cares Act has tax provisions that favor wealthy investors and large companies. There is proposed legislation now in Congress to [...]

May 15, 2020
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MIT Golub Center for Finance and Policy

Brakes or Bans: Protecting Financial Markets during a Pandemic

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Amid the uncertainty of the COVID-19 pandemic, the movements in equity markets’ around the world have mirrored the spread of the virus and its virulence. Attempts to limit market crashes, volatility, and financial contagion have taken a number of different forms. This column explores [...]

May 4, 2020
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MIT Golub Center for Finance and Policy

Bayesian Adaptive Clinical Trials for Anti‐Infective Therapeutics during Epidemic Outbreaks

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We all have heard about these “unprecedented times” and how we need to throw the old play book out and try something new. For decades, we have had established protocols on [...]

May 4, 2020
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MIT Golub Center for Finance and Policy

Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu

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The COVID-19 pandemic damages the U.S. and the world economy and puts policymakers in an unfamiliar dilemma. Non-pharmaceutical interventions (NPIs) such as social distancing slow the spread of [...]

Apr 2, 2020
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MIT Golub Center for Finance and Policy

Opinion: What to know about how the coronavirus crisis will impact your money market fund

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Robert C. Pozen, Senior Lecturer, MIT Sloan School of Management and non-resident Senior Fellow, The Brookings Institution

Apr 2, 2020
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