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.
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.
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.
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.
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.
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.
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.
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.