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Hal Scott
A Financial System Still Dangerously Vulnerable to a Panic, Hal Scott, March 1, 2015, Opinion. "Dodd-Frank restrictions on the Federal Reserve’s powers to act as lender-of-last-…
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Robin Greenwood
Vulnerable banks. Robin Greenwood, March 2015, Paper. "We present a model in which fire sales propagate shocks across bank balance sheets. When a bank experiences a negative…
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Daniel Ziblatt
How Did Britain Democratize? Views from the Sovereign Bond Market, Daniel Ziblatt, March 2015, Paper, To assess competing theories of democratization, we analyze British sovereign…
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Josh Lerner
The use and misuse of patent data: Issues for corporate finance and beyond, By Josh Lerner, March 2015, Paper. "In the past several years, an increasing number of papers in…
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Alberto Alesina
The Political Economy of Government Debt. Alberto Alesina, March 2015, Paper. "This paper critically reviews the literature which explains why and under which â€¦
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Guhan Subramanian
Corporate Governance 2.0. Guhan Subramanian, March 2015, Paper. "Although corporate governance is a hot topic in boardrooms today, it is a relatively new field of study. Its roots…
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The Deflation Bogeyman. Martin Feldstein, February 28, 2015, Opinion. "The world's major central banks are currently obsessed with the goal of raising their national…
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Kenneth Rogoff
Japan’s exorbitant privilege. Kenneth Rogoff, February 18, 2015, Paper. "The concept of "exorbitant privilege" [euro] has received great attention from policy makers as well…
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Lawrence H. Summers
Now Is Not The Time To Raise Interest Rates, Lawrence Summers, February 11, 2015, Opinion. "I cannot recall a moment when the gap between what markets expect the Federal Reserve…
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Lawrence H. Summers
Only raise US rates when whites of inflation’s eyes are visible: Aborting recovery and risking a further slowing of price rises is potentially catastrophic. Lawrence Summers…