Four recent papers by MIT Sloan colleagues of the GCFP touch on important matters of financial policy.
- RegTech: Technology-driven compliance and its effects on profitability, operations, and market structure (PDF)
Professor Andrew Sutherland and his coauthors discuss how the use of technology in regulatory compliance (RegTech) is reshaping financial services in an article published in the Journal of Financial Economics. - Digital Collateral (PDF)
Professor Catherine Wolfram and her coauthors discuss how digital collateral is being used to expand credit by significantly reducing default rates in an article published in The Quarterly Journal of Economics. - Who Benefits from Retirement Saving Incentives in the U.S.? Evidence on Gaps in Retirement Wealth: Accumulation by Race and Parental Income (working paper)
Professors Taha Choukhmane and Lawrence Schmidt and their coauthors explore how the subsidies in defined contribution retirement plans are distributed across demographics and parental income. - Failing Banks
Professor Emil Verner and his coauthors in a study published by the Federal Reserve Bank of New York analyze the causes of bank failures from 1865 to 2023 and show that deteriorating bank fundamentals and not bank runs cause bank failures.
Authored by:
Catherine Wolfram
William Barton Rogers Professor in Energy
Catherine Wolfram is the William Barton Rogers Professor in Energy and a Professor of Applied Economics at the MIT Sloan School of Management. She previously served as the Cora Jane Flood Professor of Business Administration at the Haas School of…
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Taha Choukhmane
Albert F. (1942) & Jeanne P. Clear Career Development Assistant Professor in Global Management
Lawrence D. W. Schmidt
Victor J. Menezes (1972) Career Development Associate Professor of Finance
