MIT Golub Center for Finance and Policy
Briefs & Blogs
The Proposed California Billionaire Wealth Tax Produces Inequities and Adverse Incentives
In a new guest commentary for the Golub Center, Professors Ray Ball and Andrew Sutherland argue that CA's proposal will struggle to accurately value and tax billionaire assets and may even drive away some of the state’s largest taxpayers.
Anatomy of a Supervisory Failure
For its entire 15-year life as a regional bank, Silicon Valley Bank held the same risky bet. Our Research Associate, Niccolo Comati, explains how the bank's collapse is a story of a supervisory system that polices process rather than risk.
Peter R. Fisher Named to Federal Reserve Communications Task Force
Peter R. Fisher, Distinguished Senior Fellow at the MIT Golub Center for Finance and Policy (GCFP) 2025-2026, has been named to one of five task forces the Federal Reserve has convened to review the conduct of monetary policy.
The Limits of Mortgage Credit Risk Transfer
Deborah Lucas presented her research paper with GCFP coauthors Niccolo Comati and Edward Golding, “Credit Risk Transfer and the Pricing of Mortgage Default Risk" at a recent conference at the Federal Reserve Bank of Cleveland on May 29, 2026,
Moving Beyond Safe vs. Risky Treasury Debt
Deborah Lucas offered her views on “US Treasury Debt and Fiscal Sustainability” at the SFS Cavalcade conference in Charlottesville, VA on May 20.
GCFP Appoints Haoxiang Zhu as Co-Director
Haoxiang Zhu, distinguished scholar and former SEC official, will help advance the GCFP's mission at MIT Sloan School of Management. | Haoxiang Zhu appointed co-director of MIT Sloan’s Golub Center for Finance and Policy
Why Is Europe’s Economy Falling Short?
PROJECT SYNDICATE | MIT’s Simon Johnson sat down with fellow Nobel laureate economist Philippe Aghion to examine what ails Europe and how to revive its dynamism. Their conversation addresses the costs of excessive regulation, the role of creative destruction in fostering competition, and the case fo...
Inflation Needs a Short Leash and 4 More Lessons From the Fed’s Powell Era
BARRON'S | Kristin Forbes, Jerome and Dorothy Lemelson Professor of Management and Global Economics at MIT Sloan, does the math on Jerome Powell's tenure.
Partners in prime: The Fed and Treasury’s new relationship
THE ECONOMIST | Peter R. Fisher, MIT GCFP’s Golub Distinguished Senior Fellow, served as a Treasury official between 2001 and 2004. He shares the sceptical view of the Fed’s humongous balance-sheet held by Mr Bessent and Mr Warsh.
Financial Regulation in an Era of Innovation and Disruption
CALL FOR PAPERS: MIT GCFP 13th Annual Conference, "Financial Regulation in an Era of Innovation and Disruption"