Tag Archives: Kim Schoenholtz

NYU Stern Profs. Cooley and Schoenholtz on a European Deflation Strategy

Professor Tom Cooley, former NYU Stern Dean, and Professor Kim Schoenholtz co-authored the op-ed below on CNBC titled “Europe needs a credible deflation strategy.” The great promise of the European common currency was that a single disciplined central bank could … Continue reading

Posted in Credit Risk, NYU Stern, Sovereign Risk | Tagged , , , , | Leave a comment

NYU Stern Economists Address the Euro’s Flaws

In “The Euro: Bad Idea, Poorly Executed, Hard to Fix,” a Huffington Post op-ed, NYU Stern Economics Professors David Backus and Kim Schoenholtz explain the most troublesome features of the Euro. Excerpt from the Huffington Post: When the Norwegian Nobel Committee awarded the 2012 Peace … Continue reading

Posted in Sovereign Risk | Tagged , | Leave a comment

Taking the L-I-E Out of Libor

In a new Bloomberg op-ed, NYU Stern Economists Kim Schoenholtz and Lawrence White address the Libor scandal and propose an alternative way to calculate the rate. Excerpt from Bloomberg: The recent revelations by Barclays Plc (BARC) probably spell doom for the London interbank … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment

NYU Stern’s Cooley, Richardson & Schoenholtz on the Euro Exit

NYU Stern Finance & Economics professors have co-authored a new op-ed in the Huffington Post. In “The Euro Exit,” Tom Cooley, Matt Richardson and Kim Schoenholz explore history to analyze the crisis that Europe would ensue in the event of … Continue reading

Posted in Sovereign Risk | Tagged , , | Leave a comment

How Shape-Shifting Banks Foil Dodd-Frank Act

In a new Bloomberg op-ed, NYU Stern economists Thomas Cooley and Kim Schoenholtz criticize banks for spinning off their investment activities to avoid compliance with Dodd-Frank. They propose that regulations should target financial instruments and markets instead of just the institutions. … Continue reading

Posted in Regulatory Risk | Tagged , , , | Leave a comment

The Battle Over Money Funds

In a new op-ed, NYU Stern Economists Thomas Cooley and Kim Schoenholtz discuss the regulation of money market funds. Historically, the US government guarantee of money market fund liabilities created moral hazard for banks and led to widespread systemic risk. … Continue reading

Posted in Regulatory Risk, Systemic Risk | Tagged , | Leave a comment