Two New Working Papers from JRCPPF Director Atif Mian
May 26, 2016

Read up on Atif Mian's latest research as published in two recent working papers.

This month, Mian's work (with coauthor Amir Sufi), "Who Bears the Cost of Recessions? The Role of House Prices and Household Debt," was released by NBER.

According to the authors,…

The PIIRS "Brexit" Conference and its Speakers' Economic Insights
May 23, 2016

On June 23, the people of the United Kingdom will decide whether or not to leave the European Union. It’s a decision with considerable implications—not just for the UK and other EU countries, but for the world as a whole.

Earlier this year, faculty affiliate Harold James spoke to the Woodrow Wilson School’s “WWS Reacts” blog about…

Four JRCPPF UA Seniors Present their Theses at Luncheon
May 19, 2016

The Julis-Rabinowitz Center for Public Policy and Finance celebrated the end of the 2015-2016 academic year earlier this month with a Prospect House luncheon for our Undergraduate Associates. In addition to enjoying their meals and catching up with their classmates, four senior UAs also…

Yuliy Sannikov Wins Clark Medal
May 3, 2016
Yuliy Sannikov, a professor of economics at Princeton University, has been awarded the 2016 John Bates Clark Medal by the American Economic Association (AEA). The Clark Medal is awarded to that American economist under the age of forty who is judged to have made the most significant contribution to economic thought and knowledge.
Karthik Ramanna on The War on Corporate Accountability
April 26, 2016
Karthik Ramanna and Allen Dreshel's editorial in the New York Times calls attention to new accounting rules proposed by the Financial  Accounting Board that "could put the economy at greater risk of another huge accounting fraud, like Enron or Lehman Brothers."  
Sheila Bair, Former FDIC Chairman, Discusses the Financial Crisis
April 20, 2016
Eight years after the financial crisis, competing narratives continue to clash over the causes of the great recession.  Sheila Bair, who served as the Chairperson of the U.S. Federal Deposit Insurance Corporation (FDIC), offers her own perspectives—on which narratives ring true, and whether responses to the crisis have made the system safer.
Harold James Appointed Historian at International Monetary Fund
April 15, 2016

Harold James, professor at Princeton University’s Woodrow Wilson School, was selected as one of the two new historians at the International Monetary Fund (IMF). He and Atish (Rex) Ghosh from the IMF will replace retired historian James Boughton and will begin…

Benjamin Moll Awarded 2016 Sloan Fellowship
April 12, 2016

Banjamin Moll, Assistant Professor of Economics and International Affairs, Woodrow Wilson School and JRCPPF faculty affiliate, was awarded a 2016 Sloan Research Fellowship.  The fellowships honor early-career scientists and scholars whose achievements and potential identify them as rising stars, the next generation of scientific leaders.  Moll…

Watch "Financial Markets and the Macro Economy" Conference Videos
March 17, 2016
Can financial innovation make markets more stable and efficient? Lord Adair Turner (INET chair), Jeremy Bulow, Martin Schneider, Martin Schmalz and other leading economists addressed this question and more on February 18th at The Julis-Rabinowitz Center for Public Policy and Finance's Fifth Annual Conference, "Financial Innovation and the Macroeconomy."  To watch the videos, read the papers or check the slides visit our Videos, Papers and Slides page.  
Anti-Competitive Effects of Common Ownership
March 9, 2016
In the United States, institutional investors hold between seventy to eighty percent of US publicly traded firms.  Moreover, it is common for a single institutional investor to be a major shareholder of different firms competing within the same industry.   Could this result in anti-competitive behavior and higher prices for consumers?