
Looming Risk to Financial System: $1 Trillion in Commercial Loan Pools
Known as collateralized loan obligations, their aim is actually to reduce risk

Boom of Intangible Assets Felt Across Industries and Economy
Rethinking issues around productivity, income inequality and industry concentration

A Different Way to Evaluate Private Equity Performance
An approach tailored to investor risk appetite and more comparable to stocks

Across 145 Years and 17 Countries, a Common Thread in Risky Credit Booms
Do investors misprice assets, revise their risk appetite or make some other misjudgment?

As Concentrated Shareholder Ownership Rises, Wages and Employment Suffer
Where big investors gather, corporate wealth is reallocated away from workers

Measuring the Impact of Currency Moves on Consumer Prices
It varies across goods and services and can be blunted by monetary policy

Matching Algorithms Work Fine — Until Bypassed By External Links
How to rebalance supply and demand amid today’s chaotic internet traffic

Options Market Signals Scope of Federal Reserve Interventions
Traders see an implicit promise beyond specific asset purchases

How Much Debt Can the Government Roll Over Forever?
Public bonds compete against other investments; a model of that relationship

A Matching Mechanism to Reduce Uber/Lyft Customer Wait, Improve Revenue
Queuing models aren’t simple but offer big potential service improvements