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Nobel Laureate Robert Merton’s New Retirement Plan: Take ‘SeLFIES’
Nobel prize-winning economist Robert Merton has come with an alternate retirement plan that will help reduce dependency on government schemes.
Antoinette Schoar: A “subprime” crisis in housing? Think again.
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.
Lawrence Schmidt: Will a Fragile Banking System Survive Future Runs?
Professor Lawrence Schmidt discusses his current research which uses data from the Lehman episode to test the idea of future runs.