Regulation

Gambling for Resurrection: How U.S. Banks Hedged Interest Rate Risk During 2022 Monetary Tightening

Following a widely cited report on unrecognized bank losses due to interest rate rises, Amit Seru and his co-authors have taken a close look...

Economists Are Still Right About Airline Deregulation!

Would increasing regulation of the U.S. airline industry resolve the issues that Americans have heard about and experienced in the past few months? Clifford...

Crypto-Influencers Give Poor Investment Advice — and the SEC is Taking Notice

New research reveals that cryptocurrency advice from social media influencers could lead investors to lose money on average. Are regulators doing enough to protect...

How To Really Fix Banking

Laurence Kotlikoff and Rick Miller argue that banking as we know it is dying. It’s time to arrange a smooth transition to limited purpose...

Changing Accounting Rules for Banks can Incentivize Better Risk Mitigation

Accounting procedures for held-to-maturity assets in banks allows them to avoid taking losses. Research from professors Bischof, Laux, and Leuz shows how forcing banks...

Destabilizing Digital “Bank Walks”

Bank regulators have always assumed that bank deposits are ‘sticky,’ but the advent of digital banking is changing that. New research focuses not on...

Electricity Markets Must Liberalize if We Are To Decarbonize Energy

In new research, Matteo Romagnoli argues that for the electricity sector to decarbonize as part of the broader green transition, regulators must liberalize markets...

Letters that Matter: How Interest Groups Shape Financial Legislation

Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call? Recent research...

How Many Banks Are at Risk of Insolvency Right Now?

Given the recent banking turmoil and failure of SVB and Signature and issues in First Republic, it is important to understand the risk to...

The Challenges of Regulating Disinformation

In response to rising concerns about political disinformation, governments have introduced a slew of interventions. Federico Vaccari warns in new research that these interventions...

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