Can the market be both rational and irrational?
MIT Sloan Professor Andrew Lo proposes a new, evolutionary explanation of why financial markets behave the way they do
MIT Sloan Professor Andrew Lo proposes a new, evolutionary explanation of why financial markets behave the way they do
Across history, some bursts of lending to companies and individuals, or so-called "credit booms," have led to busts, while others haven't.
New research casts into doubt the central storyline of 2008 — that this was ever a subprime crisis to begin with.
Ratings agencies could be using subjective factors to assign risk; or portfolio managers could be strategically using “window-dressing” to make CLOs appear less risky.
Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis | Lending Markets | Consumer Finance Initiative
Revenue Collapses and the Consumption of Small Business Owners in the Early Stages of the COVID-19 Pandemic | Consumer Finance Initiative | Savings Markets
Learn how to get specialized masters in Finance or Business Analytics or about the MIT Sloan MBA Early Admission application process.
To build new funding models, start by examining how exclusion was built into the current ones.
Socially responsible investors are putting their money where their values are, which is good news for firms committed to tackling global problems.
As consumers and workers assert ownership of their data, new cooperatives could help them band together to use it.