Are Circuit Breakers Doing Their Job?
Laura Kodres, Senior Distinguished Fellow, MIT Golub Center for Finance and Policy
Laura Kodres, Senior Distinguished Fellow, MIT Golub Center for Finance and Policy
It is high time for advanced-economy governments to accelerate the move to “less-cash societies” by addressing the growing disconnect between steadily rising currency issuance (mostly in large notes like the $100 bill) and ever-declining use of cash in legal, tax-compliant payments.
The U.S. government’s ubiquitous role providing credit—mostly to students and homeowners—in the post-financial crisis economy is unmistakable but the ultimate costs to taxpayers can be far from obvious. While nearly all of the deliberation and debate about the price of extending government credit is...
SFS Cavalcade North America 2021
Persistent racial and ethnic disparities in access to homeownership have created the need to examine whether—and how—to change aspects of the complex and rapidly changing housing US finance system.
Persistent racial and ethnic disparities in access to homeownership have created the need to examine whether—and how—to change aspects of the complex and rapidly changing US housing finance system.
Persistent racial and ethnic disparities in access to homeownership have created the need to examine whether—and how—to change aspects of the complex and rapidly changing housing US finance system. This challenge, and the foundational questions it raises, will be [...]
Join the MIT GCFP for the next event in our Distinguished Speaker series. SEC Commissioner Hester Peirce will discuss current issues in financial policy and the SEC with our host S.P. Kothari, Gordon Y Billard Professor of Accounting and Finance at Sloan.
Former Golub Senior Fellow, Laura Kodres, discusses the similarities between what happened with British pension funds in autumn 2022 and SVB.
Housing finance policy has been built during and for times of crisis. Just look at the long list of government actions related to the financing of housing [...]