Anat Admati on the Perils of Corporate Debt and How COVID-19 Relief Efforts Have Gone Wrong

Anat Admati on the Perils of Corporate Debt and How COVID-19 Relief Efforts Have Gone Wrong

Anat Admati is a professor of finance and economics at Stanford University, and is well-known for her work on leveraging debt in our financial system and how it makes our economy more susceptible to shocks. She's also a co-author of the popular book, *The Banker's New Clothes: What Went Wrong with Banking and What to Do About It*. Anat joins Macro Musings again to talk about the COVID-19 crisis from the debt perspective, how the Fed and Congress have responded so far, and how their relief efforts should have been focused differently.

The transcript for the episode can be found here.

Anat's Twitter: @anatadmati

Anat's website: https://admati.people.stanford.edu/

Related Links:

Bonus segment with Anat: https://youtu.be/4xHmmgoURqg

*The Banker's New Clothes: What's Wrong with Banking and What to Do about It* by Anat Admati and Martin Hellwig

https://press.princeton.edu/books/paperback/9780691162386/the-bankers-new-clothes

*The Leverage Ratchet Effect* by Anat Admati, Peter DeMarzo, Martin Hellwig, and Paul Pfleiderer

https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12588

*Macrofinancial History and the New Business Cycle Facts* by Oscar Jorda, Mortiz Schularick, and Alan Taylor

https://www.frbsf.org/economic-research/files/wp2016-23.pdf

*Coronavirus Crisis Lays Bare the Risks of Financial Leverage, Again" by Martin Wolf

https://www.ft.com/content/098dcd60-8880-11ea-a01c-a28a3e3fbd33

*House of Debt: How They (And You) Caused the Great Recession, and How We Can Prevent It from Happening Again* by Atif Mian and Amir Sufi

https://press.uchicago.edu/ucp/books/book/chicago/H/bo20832545.html

*Collateral Frameworks: The Open Secret of Central Banks* by Kjell Nyborg

https://www.cambridge.org/core/books/collateral-frameworks/DE8BACD87F364A66DD496F601BE92FE7

*Bankruptcy for Banks: A Sound Concept That Needs Fine-Tuning* by Mark Roe and David Skeel

https://www.nytimes.com/2016/08/17/business/dealbook/bankruptcy-for-banks-a-sound-concept-that-needs-fine-tuning.html

David's blog: macromarketmusings.blogspot.com
David's Twitter: @DavidBeckworth

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(559)

Sam Lyman on the Digital Payments Race Between the US and China

Sam Lyman on the Digital Payments Race Between the US and China

Sam Lyman is the head of research at the Bitcoin Policy Institute and formerly was a senior advisor and speechwriter for Treasury Secretary Bessent. In Sam's first appearance on the show, he discusses...

20 Heinä 58min

Stephan Luck on What History can Teach Us about Financial Stability

Stephan Luck on What History can Teach Us about Financial Stability

Stephan Luck is a Financial Research Advisor at the Federal Reserve Bank of New York. In Stephan's first appearance on the show, he discusses how the 2008 Great Financial Crisis shaped his career, how...

13 Heinä 57min

Barry Eichengreen on the History of Global Currencies

Barry Eichengreen on the History of Global Currencies

Barry Eichengreen is well known author, economist, and economic historian from the University of California, Berkeley. In Barry's first appearance on the show he discusses a career in untangling the w...

6 Heinä 57min

Yesha Yadav, Chris Odinet, and Andrea Tosato on the Moneyness of Stablecoins

Yesha Yadav, Chris Odinet, and Andrea Tosato on the Moneyness of Stablecoins

Yesha Yadav is a professor of law, the Milton R. Underwood Chair, the Associate Dean & Robert Belton Director of Culture & Community, and the Co-Faculty Director, Master of Laws (LL.M) Program at the ...

29 Kesä 1h 11min

Jeffrey Lacker on What a New Fed Treasury Accord Might Look Like

Jeffrey Lacker on What a New Fed Treasury Accord Might Look Like

Jeffrey Lacker is the former president of the Richmond Federal Reserve Bank and is a senior affiliated scholar at the Mercatus Center. Jeff returns to the show to discuss the history of the Fed Treasu...

22 Kesä 56min

Nik Bhatia on Bitcoin and the Case for Using Stablecoins for Statecraft

Nik Bhatia on Bitcoin and the Case for Using Stablecoins for Statecraft

Nik Bhatia is an author of two economics books, a visiting fellow at the Bitcoin Policy Institute and the founder of The Bitcoin Layer. In Nik's first appearance on the podcast, he discusses his niche...

15 Kesä 59min

Bryan Cutsinger, Peter Ireland, and Will Luther on Lessons Learned from the Fed Framework Review

Bryan Cutsinger, Peter Ireland, and Will Luther on Lessons Learned from the Fed Framework Review

Bryan Cutsinger is an assistant professor of economics at the College of Business at Florida Atlantic University. Peter Ireland is a professor of Economics at Boston College. Will Luther is an associa...

8 Kesä 1h 3min

Brendan Greeley on the 500 Year History of the Dollar

Brendan Greeley on the 500 Year History of the Dollar

Brendan Greeley is a veteran journalist from the Financial Times and current PhD student at Princeton studying monetary history. In Brendan's first appearance on the show, he discusses why he went for...

1 Kesä 1h 2min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-inderes
rss-perho-rajoilla
rss-rahataito-podcast
rahapuhetta
rss-karon-grilli
herrasmieshakkerit
ostan-asuntoja-podcast
rss-10x-finland
rss-tarkeista-asioista-2
rss-40-ajatusta-aanesta
pomojen-suusta
sijoituspodi
hyva-paha-johtaminen
lakicast
rss-porssipuhetta
rss-pinnan-alla-kiehuu