Research
The GCFP attracts leading academics from around the world in its pursuit of creating innovative, cross-disciplinary research.
Papers and Publications
More information on papers and publications from Golub Center affiliates.
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More information about the Golub Center's research initiatives.
Research Projects
More information about past and present research projects housed at the Golub Center.
Featured Papers and Research
How Much Can Collective Defined Contribution Plans Improve Risk-Sharing?
In a new paper, How Much Can Collective Defined Contribution Plans Improve Risk-Sharing?, GCFP Director [...]
Duration Gap Disclosure: A Modest Proposal to Prevent Another SVB
Edward Golding and Deborah Lucas discuss a simple policy change that relies primarily on market discipline that would reduce the likelihood of future SVBs.
A Risk-Centric Model of Demand Recessions and Speculation
by Ricardo J. Caballero and Alp Simsek
Measuring Financial Subsidies to SOEs
Measuring Financial Subsidies to SOEs: An Asset Return Based Framework with an Application to TVA (working paper)
Positive Cross-border Policy Spillovers?
Friend or Foe: Cross-Border Links, Contagious Banking Crises, and Joint Use of Macroprudential Policies
Liquidity Risk (Mis)Management: The Failure of Silicon Valley Bank and the Liability-Driven Investment Episode in UK Gilt Markets
Former Golub Senior Fellow, Laura Kodres, discusses the similarities between what happened with British pension funds in autumn 2022 and SVB.
The Unequal Costs of Black Homeownership
by Ed Golding, Michelle Aronowitz and Jung Choi // This paper demonstrates that Black homeowners on average will pay $67,320 more for their houses because...
The Cost of Bailouts
How Much Do Guarantees and Bailouts Cost the Government? Deborah Lucas NO. 3–2024 MAY 2024 FEDERAL RESERVE BANK OF ATLANTA’S POLICY HUB
Should Retail Investors' Leverage Be Limited
Does the provision of leverage to retail traders improve market quality or facilitate [...]
Recent Research Informing Financial Policy from around MIT
2025 papers from GCFP affiliates