MIT Golub Center for Finance and Policy
Briefs & Blogs
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.
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"
You’re Probably Overinvested in Bonds
THE WALL STREET JOURNAL | MIT Sloan’s Robert C. Pozen argues that many affluent investors may be over-allocated to bonds and could benefit from a more equity-heavy 90-10 portfolio, citing long-term stock outperformance, tax advantages, and the limits of bonds as protection during market downturns.
Bennett W. Golub Named to 2026 FIASI Hall of Fame
Advisory Board Chair and Center affiliate Bennett W. Golub is named a 2026 Fixed Income “Hall of Fame” honoree by the Fixed Income Analysts Society.
How Accurate is AI Retirement Planning?
CBS NEWS - MoneyWatch | Professor Andrew W. Lo said that AI struggles with tax optimization, doesn't understand regulatory nuance and — unlike a human financial adviser — isn't subject to legal requirements...
RIP Spirit Airlines
VOX MEDIA - Today, Explained | Sloan Professor and GCFP Director Deborah Lucas weighs in on the Spirit Airlines bailout.