Nobel prize-winning economist Robert Merton has come with an alternate retirement plan that will help reduce dependency on government schemes.
Economist Antoinette Schoar and colleagues found that middle-class homebuyers had more to do with 2008’s real estate crash than the less-wealthy consumers usually blamed for it.
Professor Lawrence Schmidt discusses his current research which uses data from the Lehman episode to test the idea of future runs.
GCFP serves as a catalyst for innovative, cross-disciplinary and non-partisan research and educational initiatives that address the unique challenges facing governments as financial institutions.
Christian Catalini writes: "As cryptocurrencies like bitcoin and distributed ledgers continue to mature, where might they be applied next?"
