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MIT Golub Center for Finance and Policy Public Policy

Tackling Financial Problems Can Require Non-Financial Solutions

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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...

May 1, 2017
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MIT Golub Center for Finance and Policy Public Policy

Too Big vs. Too Frail

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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 [...]

Mar 1, 2017
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MIT Golub Center for Finance and Policy Public Policy

Shanghai Finance Forum: Finance for the Future

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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).

Aug 20, 2013
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MIT Golub Center for Finance and Policy Public Policy

After shutdown, an examination of the costs and lingering threats

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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...

Feb 1, 2014
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MIT Golub Center for Finance and Policy Public Policy

Considering Infrastructure Finance

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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...

Dec 22, 2017
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