Archive
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The power of leverage
How much progress have we made in properly evaluating financial leverage.
The latest on incomplete information
As computational and communication technologies develop will incomplete information be for or against free markets?
Rethinking… everything!
What lessons did we draw from the financial crisis and how they affect monetary and fiscal policies and financial regulation.
On forward guidance
Does central bank communication create more confusion? Recent research on the forward guidance puzzle.
Bail-ins and bail-outs
Three new working papers on bank resolution frameworks, government guarantees and credibility of bail-in strategies.
A period of high risk
What are the risks hidden behind the financial markets’ current exuberance… and does “finance benefit society”?
