Latest Events & Seminars
Peter Maxted (Berkeley)
Credit Card Borrowing in Heterogeneous-Agent Models: Reconciling Theory and Data
The Unanchored Central Banker
Book launch of Charles Goodhart and Manoj Pradhan’s new book The Unanchored...
Latest News
Pass-through voting: can greater investor voice strengthen sustainable stewardship?
Martin Oehmke awarded the Sudipto Bhattacharya Memorial Prize
What can investors do about climate change?
Manav Chaudhary awarded the Bank of England's Houblon-Norman and George Fellowships
Latest Publications
Margins as Canaries in the Coal Mine
Central clearing counterparties (CCPs) manage counterparty risk by requiring clearing members to post margins. This paper explores the role of margins...
How Reform Happens
What determines whether and how regulations are reformed? We use a newly constructed data set of 3,590 successful and failed regulatory reforms in 189...
Stablecoins: Policy, sovereignty and backstops
No jurisdiction can ignore stablecoins. They can be banned outright only in the most effectively authoritarian countries, or accommodated and even...
The geopolitics of stablecoins
Stablecoins are private digital money pegged to a fiat currency, overwhelmingly the US dollar. Dollar stablecoins reinforce American monetary and...
