Friday , September 17 2021
Home / FT Alphaville / Gorton turns his attention to stablecoins

Gorton turns his attention to stablecoins

Summary:
Over the course of his career, Gary Gorton has gained a reputation for being something of an experts’ expert on financial systems. Despite being an academic, this is in large part due to what might be described as his practitioner’s take on many key issues.The Yale School of Management professor is, for example, best known for a highly respected (albeit still relatively obscure) theory about the role played in bank runs by information-sensitive assets. Given Gorton’s reputation for deep and thoughtful analysis (with a twist), it shouldn’t be surprising then that the professor is now turning his expertise to studying the run-risk of stablecoins. In a recently published piece co-authored with Jeffery Zhang, an attorney at the Board of Governors of the Federal Reserve

Topics:
FT Alphaville considers the following as important:

This could be interesting, too:

Tim Harford writes Why Covid regulations may be around longer than you think

David writes Sales Tax Collections in Fargo and Grand Forks

Miles Kimball writes Life Lessons from Math: Sequencing and Pacing Projects—Joseph Kimball and Miles Kimball

(Michael Ward) writes Hidden Costs of Software Migration

Over the course of his career, Gary Gorton has gained a reputation for being...

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *