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Bob Pozen, a member of the GCFP Advisory Board and Senior Lecturer at MIT Sloan, has written [...]
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When deposits are not completely insured, the presence of too big-to-fail (TBTF) banks alters the competitive landscape for depositors’ funds [...]
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Last week Bob Pozen, a Visiting Senior Lecturer here at MIT Sloan with a distinguished background in government, business and education gave an eye-opening lunch talk. The topic was “Other Post-Employment Benefits” or OPEBs—which is accounting jargon for the liabilities governments incur for retiree...
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A group of top financial economists from universities around the country, including many of my colleagues at Sloan, released a letter this week urging Congress to [...]
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Sovereign Development Funds’ (SDFs) dual mandate of pursuing financial or commercial objectives alongside long-term strategic and developments goals presents several challenges. First, SDFs must identify why [...]
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In a paper published in the Harvard Data Science Review on May 14, 2020, the co-director of GCFP, Andrew Lo, along with his co-authors Kien Wei Siah and Chi Heem Wong, estimate the probability of success (PoS) of [...]
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Ask most finance experts about the “world’s largest financial institutions,” and you’ll hear names like Citigroup, ICBC (China’s largest bank) and HSBC. However, governments top the list of large financial institutions, with investment and insurance operations that dwarf those of any private enterpr...
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Measuring Financial Subsidies to SOEs: An Asset Return Based Framework with an Application to TVA (working paper)
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On October 20, former Inter-American Development Bank Treasurer Søren Elbech visited the Golub Center for Finance and Policy for a lunchtime discussion with students and faculty. Drawing on his experience in capital markets...
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by Khalid Alsweilem, Mark Kritzman, and Malan Rietveld | Sovereign Wealth Funds
