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 [...]

Nearly 250 MIT Sloan alumni and guests gathered in Shanghai on July 19, 2013 for the third MIT Sloan Finance Forum (the first was held in New York in April 2012 and the second was held in London in June 2013).

MIT panel talks fiscal, global, and legal consequences of the government’s near-default. When MIT Sloan professor Deborah Lucas scheduled a panel discussion titled “U.S. Fiscal Crisis: Causes and Consequences,” the government was shut down, no compromise seemed imminent, and what the state of affair...

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...

The MIT Golub Center for Finance and Policy is proud to be highlighted by “From Ideas to Inventions: 103 Ways MIT is Making a Better World.” MIT is home to some of the most innovative problem-solvers in the world, across 30 departments as well as in dozens of centers, labs, and programs. We are hono...