Search

Gilt Market Dysfunction and Liability-Driven Investment (LDI) - A Progress Report

The Golub Center for Finance and Policy (GCFP) at the MIT Sloan School of Management is pleased to announce the appointment of Chester Spatt as a Distinguished Senior Fellow to lead the Center’s research on regulation of financial markets and institutions. In addition to playing a substantial role i...

In order to heighten PhD student awareness of some of the exciting research opportunities in the area of finance and policy, GCFP co-sponsored an intensive capital markets workshop hosted by the MIT Sloan School of Management and the Foundation for the Advancement of Research in Financial Economics ...

The MIT GCFP and Columbia University convened a group of leading researchers, policymakers, industry participants and consumer advocates to discuss the U.S. reverse mortgage market. The meeting took place on […]

Greece recently failed to pay $1.7 billion due to the IMF, thereby becoming the first developed country to default on an IMF loan. That missed payment represents only a portion of the approximately $23 billion in IMF credit outstanding to Greece, suggesting the ultimate losses to the Fund could be m...

In a special seminar co-hosted by the MIT Center for Finance and Policy (CFP) and the MIT Laboratory for Financial Engineering (LFE), Dr. Jeremy Kepner, senior scientist at [...]

Edward L. Golding, Laura E. Kodres, and Deborah J. Lucas The 2008 financial crisis triggered a wave of new financial regulations, most notably as mandated by the Dodd Frank Act of 2010. That legislation recognized that existing regulations were inadequately designed to protect against systemic ri...

It is with great pleasure that I transition to my new role as the inaugural executive director of MIT’s Center for Finance and Policy (CFP). As someone who has focused on government financial institutions for many years, I welcome this new beginning as a chance to direct sunlight towards a unique se...

With the arrival of a new Congress and a new administration, change may be in store for current and former students who have borrowed to pay for higher education expenses. On the campaign trail, Donald Trump indicated a desire to ease the debt burden carried by former students, and Republicans at ti...

A recent topic of debate in the U.S. budget community centers on how the federal government should estimate the cost of providing loans to various borrowers such as students and homebuyers. Currently costs are assessed assuming that the government’s cost of capital is equal to the Treasury rate. Pro...