We propose a New Keynesian model with monetary-fiscal policy regime switch to explain the time-varying correlation between returns on the market portfolio and nominal Treasury bonds found in [...]

MIT Golub Center for Finance and Policy’s annual conference, Future of Housing Finance: Diverse Challenges, Innovative Solutions, co-sponsored by Barclays, was held online this year on the afternoons of [...]

GCFP hosted University of Waterloo’s Blair Feltmate and MIT Sloan’s Robert Pindyck and Jason Jay for a presentation and panel discussion on May 7. Click here for the recording, including […]

The United States government today is one of the largest consumer lending institutions in the world. Its expansive loan portfolio has been growing for years with little attention given to […]

What is the best mix of cash and credit assistance to combat the economic fallout from the coronavirus pandemic, and what are the principles that should guide those choices? For policymakers [...]

We are excited to announce the appointment of Dr. Ben S. Bernanke as our Distinguished Senior Fellow for the 2020-2021 academic year [...]

Bloomberg Video Interview with Deborah Lucas: Congress Considers Fair Value Accounting

The Hill has published the op-ed, “Borrowing for Your College from Your Uncle Sam,” authored by GCFP Executive Director Doug Criscitello.

Authors James Freeman and Vern McKinley discuss their research on 200 years of Citi’s history as presented in their 2018 book Borrowed Time. Lunch will be provided.

The White House released the President’s budget proposal for fiscal year 2019 on February 12, just days after President Trump signed a bill extending spending caps for military and domestic spending and suspending the debt ceiling. While the new law has already...