In early 2018, the MIT Sloan School of Management and the MIT Media Lab announced the joint appointment of Gary Gensler as Senior Lecturer at the MIT Sloan School of […]

by Laura E. Kodres, Leslie Sheng Shen, and Darrell Duffie | The need for US dollar funding during the financial stresses in mid-March 2020, as the COVID pandemic news shocked markets, was evident in a number of countries.

Friend or Foe: Cross-Border Links, Contagious Banking Crises, and Joint Use of Macroprudential Policies

In a response to the July 2021 Federal Housing Finance Agency (FHFA) Policy Statement on Fair Lending, former U.S. Department of Housing and Urban Development officials Michelle Aronowitz (Law Office […]

by Ed Golding, Michelle Aronowitz and Jung Choi // This paper demonstrates that Black homeowners on average will pay $67,320 more for their houses because...

In a new paper, How Much Can Collective Defined Contribution Plans Improve Risk-Sharing?, GCFP Director [...]

The purpose of this note is to suggest answers to several fundamental questions about value of the federal government’s support for the GSEs.

Financial regulation is most effective when it targets the origins of the problem it seeks to remedy. This is akin to the medical adage: treat the cause, not the symptom. Identifying the causal factors driving distress in financial markets is no easy task. One complication is that the cause might li...

When deposits are not completely insured, the presence of too big-to-fail (TBTF) banks alters the competitive landscape for depositors’ funds [...]

The MIT Center for Finance and Policy recently announced the winners [...]