Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at University of Chicago’s Booth School of Business. He is also the Vice-Chairman of the Bank for International Settlements (BIS). From September 2013 to September 2016, he... More »
New research shows how innovation in finance may increase the aggregate demand for investments over time, yet lower the expected return on assets. More »
Researchers find that private and public investments, lower financial risk, and flexible exchange rate regimes appear to support the economic growth of Asian countries, while more open capital accounts marginally reduce growth. More »
A new study finds that Chapter 13 Bankruptcy increases annual income, decreases five-year foreclosure rates points, and decreases five-year mortality. More »
Federal Reserve announcements about “tapering,” or reducing the level of quantitative easing, had significant negative impacts on financial asset prices in otherwise robust emerging market economies. More »
This week on Chicago Policy Radio, Julie Cooper speaks with former Pennsylvania Governor Ed Rendell on working with all levels of government to improve policy and infrastructure. More »
Improved disclosure of financial information and compensation schemes that tie executive pay to credit quality could help avoid another financial collapse. More »