Haoxiang Zhu, Associate Professor of Finance at the MIT Sloan School of Management; Research Associate at the National Bureau of Economic Research; Faculty Affiliate of the MIT GCFP and the […]

Robert C. Pozen, Senior Lecturer, MIT Sloan School of Management and non-resident Senior Fellow, The Brookings Institution

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 […]

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 [...]

Given infrastructure’s integral role in enabling high-functioning economies around the world and the concern that the pace of investment is not keeping up with the need for it, I have recently begun to focus my research on the consequences of different approaches to...

by Luis Enrique Vivas Martinez / We are pleased to announce the launch of the Golub Center for Finance and Policy’s educational tool on housing finance reform.

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 [...]

We are pleased to announce the launch of the Golub Center for Finance and Policy’s new Banking Reform Clearinghouse, or BRiC. With the recent passage of the Financial CHOICE Act of 2017 in the U.S. House of Representatives and the [...]