Faculty News

Professor Kim Schoenholtz's co-authored op-ed on banking regulation is referenced

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Excerpt from Reuters -- "And don’t believe that the whole economic pie will grow if banks are freed up to make more loans. There is little evidence for that, as economists Stephen Cechetti and Kim Schoenholtz argue. ... They also say Mnuchin's plan would make the financial system less safe. Investors hoping the whole stock market will make them rich if banks lend more should look at how that worked out in 2005-2007."

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