Awaiting the Will to Ensure Financial Market Stability

Andrew Metrick Paul Tucker

January 06, 2021

In a conversation with Yale SOM’s Andrew Metrick, Paul Tucker, chair of the Systemic Risk Council and former deputy governor for financial stability at the Bank of England, says that financial markets are still facing serious stability risks.

A detail of a photo of the Federal Reserve building

For a Path to a Decarbonized Economy, Look to the States

Robert Klee
October 21, 2019

Robert Klee, a lecturer at Yale and the former commissioner of the Connecticut Department of Energy and Environmental Protection, says that state-level approaches to the climate crisis provide a roadmap for a 10-year, trillion-dollar effort to put the U.S. on a path to decarbonization.
Why We Need Finance to Fight Climate Change

Jeff Schub
August 27, 2019

There won’t be a transition to clean energy without a way to finance what could be the largest infrastructure project ever undertaken. Yale Insights talked with Jeffrey Schub ’13 of the Coalition for Green Capital about what a National Climate Bank could achieve.
Three Questions: Prof. Vineet Kumar on Facebook’s Move into Cryptocurrency

Vineet Kumar
June 19, 2019
On June 18, Facebook announced Libra, a new cryptocurrency intended to make it easy for individuals and companies to exchange payments anywhere in the world. We asked Prof. Vineet Kumar why a company that started by enabling people to share personal news is now building an alternative financial system.
A Life in Finance: A Conversation with Prof. Roger Ibbotson

Roger G. Ibbotson William N. Goetzmann
May 10, 2019
Professor Roger Ibbotson, an influential scholar and practitioner of finance for decades, sat down for a conversation with Professor William Goetzmann about his groundbreaking work on the historical returns of the stock market, his experiences as a teacher, and his current research.
Forgiving Debts May Boost Employment During Recessions

Paul Goldsmith-Pinkham
May 03, 2019

In an analysis of the Great Recession, Yale SOM's Paul Goldsmith-Pinkham and his co-authors found that debt relief increased employment by up to 2% nationwide.
How Leverage Turns Market Corrections into Crashes

Kelly Shue
April 24, 2019
Leverage-induced fire sales contributed to the worst stock market crashes in history. Prof. Kelly Shue studied account-level data from the Chinese market crash in 2015 to illuminate how much leverage matters.
Three Questions: Prof. Andrew Metrick on What Makes a Good Pick for the Fed

Andrew Metrick
April 05, 2019
President Trump recently announced his intention to appoint two well-known conservative figures—Stephen Moore and Herman Cain—to the Federal Reserve Board of Governors. We asked Prof. Andrew Metrick about the qualities of an effective Fed governor.
Activist Shareholders May Help Firms in the Long Term

Song Ma
March 28, 2019
Do activist shareholders choose quick profits over long-term health? Yale SOM’s Song Ma and his collaborators find evidence that their interventions boost innovation.
Three Questions: Prof. Paul Goldsmith-Pinkham on Payday Loans and Consumer Protection

Paul Goldsmith-Pinkham
February 21, 2019
The Consumer Financial Protection Bureau will stop requiring payday lenders to confirm borrowers' ability to repay. We asked Yale SOM's Paul Goldsmith-Pinkham what this change might mean to financially strapped Americans.
Will Machine Learning Transform Finance?

Charles Elkan
January 03, 2019
Charles Elkan, Goldman Sachs’ global head of machine learning, on the technology can extract value from the natural resource that is defining this century—data.