Showing results 1 - 10 of 34
March 2025, Paper: "We build a simple model that shows how the incentives and constraints facing three key types of market players—broker-dealers, hedge funds, and asset managers…
March 27, 2024, Paper: "Uninsured deposits should be subjected to tougher regulatory requirements to guard against the type of rapid runs that toppled three large regional banks…
March 1, 2024, Video: "Jeremy Stein, former Federal Reserve governor and Harvard University economics professor, joins 'The Exchange' with CNBC's Steve Liesman to discuss the…
2023, Paper: "We develop a model in which specialized bond investors must absorb shocks to the supply and demand for long-term bonds in two currencies. Since long-term bonds and…
December 2022, Paper: "This paper explores how non-U.S. central banks behave when firms in their economies engage in currency mismatch, borrowing more heavily in dollars than…
December 2022, Paper: "Recent research has found that monetary policy works in part by influencing the risk premiums on both traded financial-market securities and intermediated…
October 4, 2021, Video: "32nd Annual Conference on Macroeconomics…
November 2020, Paper: "In the decade since the Global Financial Crisis (GFC), there has been an outpouring of research on the topic of “credit cycles”, meaning macroeconomic…
September 23, 2020, Paper: "The Federal Reserve’s Main Street Lending Program for small and medium-sized businesses should take more risks to meet the unique challenges posed by…
August 25, 2020, Video: "Pondering about the financial implications of Covid-19? Intrigued by new economic tools argued in the news? Let your questions be answered by the American…