Lending standards can be too tight for too long, research finds
When banks tighten lending standards following a shock, they can set off a chain reaction that can worsen and prolong a credit crunch.
When banks tighten lending standards following a shock, they can set off a chain reaction that can worsen and prolong a credit crunch.
This new starter kit offers investors practical steps and tools to move from from isolated efforts to coordinated, systems-level change.
Moderna’s CEO explains how the firm fast-tracked COVID-19 vaccine development, and how a public-private partnership could make future work even faster.
Experts share ideas on how to reduce the homeownership gap between white and minority households and create more equality in the housing market.
Lenora Suki turns to impact-oriented, sustainable investors for inspiration, feedback, and collaboration.
A data-driven funding system for government programs could help.
Professor of the Practice, Global Economics and Management|Professor of the Practice, Finance
Eastman Kodak Leaders for Global Operations Professor of Management, Professor of Statistics and Engineering Systems
Jay W. Forrester Professor of Management, Professor, System Dynamics, Director, MIT System Dynamics Group
When employers hold back wages for retirement savings, younger consumers and less-wealthy people cut their spending. Wealthier individuals tap their deposit accounts.