Author(s): Alistair Milne, Cass Business School, Perry Mehrling, Barnard College, Columbia University, New York, supported by ACCA
Alistair Milne and Perry Mehrling, together with Laurence Kotlikoff of Boston University, propose using government credit insurance guarantees to combat the credit crisis. Their idea is to use these guarantees to put a floor under the prices of the better quality tranches of structured credit securities, hence restoring liquidity to credit markets and arresting the global credit contraction.
Updated: 09/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 1121
Geoffrey Wood, Professor of Economics at Cass Business School, has written very widely on the subject of lender of last resort and its role in the ubiquitous global financial crisis. This is a video Q and A with Geoffrey Wood conducted by Alistair Milne. Both are Cass Experts. Inculded is the transcript and a summary of the key points.
Updated: 10/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 609 | 
Author(s): Dr Alistair Milne interviewed by Professor Steve Thomas
Dr Alistair Milne, a reader in banking at the Cass Business School, published The Fall of the House of Credit with Cambridge University Press . Steve Thomas, Professor of Finance, caught up with him to talk about the convictions behind the work. Both are Cass Experts. Inculded is the transcript and a summary of the key points.
Updated: 10/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 252 |
Author(s): Lucio Sarno, Professor of Finance, Cass Business School, Pasquale Della Corte and Ilias Tsiakas, Warwick Business School
The forward bias arises from the well-documented empirical rejection of the Uncovered Interest Parity (UIP) condition, which suggests that forward exchange rates are a biased predictor of future spot exchange rates. In practice, this means that high interest rate currencies tend to appreciate rather than depreciate.
Updated: 05/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 290 |
Author(s): Meziane Lasfer, Cass Business School
Professor Lasfer will examine the reasons why insiders trade, and the significant role private information plays in insider trading, as well as look at portfolio changes due to these activities.
Updated: 06/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 229 |
