News & Press
-
Proactive Indexing: Index Funds and IPOs
Robert Pozen’s path-breaking article, co-authored with two portfolio managers at State Street Bank, examines Index Funds. Index funds now buy stocks shortly before or at the time they are added to the […]
continue reading → -
Usable bank capital
VOXEU: The COVID-19 induced ‘Great Lockdown’ has cast doubt on the efficacy of bank buffers in supporting the real economy in times of crisis. Despite accommodative regulatory and supervisory action, […]
continue reading → -
3 policy proposals to bolster the post-lockdown economy
MIT Sloan economists say the government’s efforts during COVID-19 are a good start but not enough to restart the economy. Here are their recommended next steps. As experts strive to […]
continue reading → -
Second wave of coronavirus infections could cause a worse economic disaster, experts warn
Jonathan A. Parker, Robert C. Merton Professor of Finance at MIT Sloan and Co-Director, MIT Golub Center for Finance and Policy, points out in a CNBC video which current conditions […]
continue reading → -
Estimating Probabilities of Success of Vaccine and Other Anti-Infective Therapeutic Development Programs
In a paper published in the Harvard Data Science Review on May 14, 2020, the co-director of GCFP, Andrew Lo, along with his co-authors Kien Wei Siah and Chi Heem Wong, estimate the […]
continue reading → -
Bayesian Adaptive Clinical Trials for Anti‐Infective Therapeutics during Epidemic Outbreaks
A recent paper published in the Harvard Data Science Review, co-authored by Andrew Lo with Shomesh Chaudhuri, Danying Xiao, and Qingyang Xu, shows how the approval standards for drug therapies and vaccines should be […]
continue reading → -
Analysis: The pandemic is making America’s retirement crisis worse. Here’s what you can do
Chris Farrell, PBS News Hour. The coronavirus crisis has torn the Band-Aid off the financial fragility of many Americans. With an unemployment rate between 15% and 20%, bank accounts draining, […]
continue reading → -
3 Questions: Jonathan Parker on building an economic recovery
MIT News. MIT professor evaluates the effect of government stimulus on the crisis-hit U.S. economy. The Covid-19 pandemic is a public health crisis with enormous economic implications: As much of […]
continue reading → -
Big Ideas to Save the Economy, From Bailouts to Super Chapter 11
Bloomberg Business Week. Deborah Lucas says, “You don’t want to blow up viable, going concerns, and that’s the biggest risk in the current situation. It’s worth paying a lot to […]
continue reading → -
Economics, Law and Finance Professors from Major Universities Write to Congress: “Bail Out People Before Large Corporations”
“Bailouts allow investors to keep all the profits in good times without bearing the losses in bad times. Instead, bailouts impose losses on taxpayers, including those most in danger of losing their […]
continue reading →