YSI’s Community Blog
By Elham Saeidinezhad | There is a consensus amongst the economist that the shadow banking system and the repurchase agreements (repos) have become the pinnacle of the dollar funding. In the
By Elham Saeidinezhad Liquidity transformation is a crucial function for many banks and non-bank financial intermediaries. It is a balance sheet operation where the firm creates liquid liabilities financed by
Who has access to cheap credit? And who does not? Compared to small businesses and households, global banks disproportionately benefited from the Fed’s liquidity provision measures. Yet, this distributional issue
The Fed is banking on non-bank intermediaries, such as money market funds (MMFs), rather than banks for monetary normalization. The short-term funding market reset after the famous FOMC meeting on June 16,
“Money is pre-eminently a sanctuary, a haven for resources that would otherwise go into more perilous uses.” Gurley & Shaw Cryptocurrencies, which first emerged in the wake of the global
“The most significant economic event of the era since World War II is something that has not happened.” Hyman Minsky, 1982 By Elham Saeidinezhad | In the 1945 film It’s A Wonderful
A Tribute to Value Investing “Investors persist in trading despite their dismal long-run trading record partly because the argument seduces them that because prices are as likely to go up
“A broker is foolish if he offers a price when there is nothing on the offer side good to the guy on the phone who wants to buy. We may
“From long experience, Fed technicians knew that the Fed could not control money supply with the precision envisioned in textbooks.” Marcy Stigum By Elham Saeidinezhad – In the last decade, monetary
Bagehot, “Money does not manage itself.” By Elham Saeidinezhad – In this year’s Jackson Hole meeting, the Fed announced a formal shift away from previously articulated longer-run inflation objective of 2
We are always looking for a fresh take on an economic question. Send your pitch to fresh@youngscholarsintitive.org
Aabid Firdausi
Alessandro Bonetti
Athullya Roytman
Baptiste Albertone
Brad Voracek
Breshay Moore
Carlos Maciel
Celine Tcheng
Chantal Line Carpentier
Christina Refhilwe Mosalagae
Daniella Medina
Domenico Viola
Diego Castañeda Garza
Elham Saeidinezhad
Hannah Dewhirst
Jack Gao
Jimmy Chin
Johnny Fulfer
Justin Harbour
Kanya Paramaguru
Kevin Cashman
Kurt Semm
Lara Merling
Mariamawit Fantahun
Michael Joffe
Oscar Valdes-Viera
Patrick Kaczmarczyk
Pierre Ortlieb
Raghunath Nageswaran
Selim Yaman
Sergio Chaparro Hernández
Shyam Soundarajan
Soo-hyun Lee
Stephanie Attar
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Vitor Mello
