Fair Value, Risky Business
Does fair-value accounting contribute to systemic risk in the banking industry?
Funding the Future
Sovereign wealth funds face many short-term challenges — but offer long-term promises. Ideas at Work spoke with Patrick Bolton about his new book, co-edited with Joseph Stiglitz, and the unique position of these increasingly common funds.
Unraveling Systemic Risk
A new framework helps regulators and industries trace risk to its source.
Making More Room in ICUs
From the Archive: A new decision model could help ICUs treat more patients without adding beds or sacrificing quality of care.
A Little Debt Can Curb Big Risks
Pegging CEO pay to banks’ credit default swap spreads could inhibit excessive risk taking, without requiring new regulatory measures.
Are Watchdogs Corrupt, or Just Biased?
Regulatory agencies favor firms that have good reputations.
Risky Incentives and Executive Pay
Equity-based pay is standard in many industries, but in banking the practice ratchets up risk taking and increases the likelihood of default.
A Simple Equation
New research shows why preventing another mortgage crisis might come down to cultivating better basic math skills.
Taking Attendance with Teachers
New research shows just how much teacher absences hurt student achievement.