MIT Golub Center for Finance and Policy

Briefs & Blogs

MIT GCFP

The Limits of Mortgage Credit Risk Transfer

MIT GCFP - Briefs and Blogs

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,

Jun 26, 2026
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MIT GCFP

Why Is Europe’s Economy Falling Short?

MIT GCFP - Viewpoints

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...

Jun 11, 2026
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MIT GCFP Finance

Partners in prime: The Fed and Treasury’s new relationship

MIT GCFP - Viewpoints

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.

Jun 5, 2026
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MIT GCFP

You’re Probably Overinvested in Bonds

MIT GCFP - Viewpoints

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.

May 27, 2026
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MIT GCFP

How Accurate is AI Retirement Planning?

MIT GCFP - Viewpoints

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...

May 19, 2026
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MIT GCFP

RIP Spirit Airlines

MIT GCFP - Viewpoints

VOX MEDIA - Today, Explained | Sloan Professor and GCFP Director Deborah Lucas weighs in on the Spirit Airlines bailout.

May 19, 2026
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