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Dean Corbae is a leader of the Markets network and Professor of Finance, Investment, and Banking at the Wisconsin School of Business, where he also holds an appointment in the Department of Economics. His current research focuses on consumer credit and bankruptcy, foreclosures, and banking industry dynamics.

Central bankers pursue a “neutral” rate that doesn’t exist

Why Nature Physics has released an issue focusing on physicists and economists considering the state-of-the-art in the application of network science to finance?

Martin Guzman, Argentina’s former Minister of Economy, explains how the role of power should be central to economic research – especially when it comes to sovereign debt.

But not by him

In China, the government uses the purses strings of state-owned enterprises to control social unrest

Against the backdrop of frequent calls for debt cancellation and reorganization, the Private Debt Initiative of the Institute for New Economic Thinking is convening a conference on “Debt Restructuring” in New York City on Thursday, February 3rd and Friday February 4th, 2022, hosted by Richard Vague (Secretary of Banking and Securities, Commonwealth of Pennsylvania), Rob Johnson (INET President), and Moritz Shularick (INET Fellow).

Mainstream economists have ignored private debt to our peril

If Congress and the White House fail to raise the debt ceiling this week and the United States defaults on its debt, what can we expect and how can we protect ourselves against these events?

The Toronto Star journalist Joanna Chiu discusses her book, China Unbound: A New World Disorder, which argues that we need to go beyond the typical over-simplifications of democratic West versus autocratic China if we hope to engage China in a way that seriously addresses issues such as human rights, climate change, and economic development.

Lower Income Towns in New Hampshire Voted Heavily for Sanders; Richer Towns Did the Opposite.

Albeit the majority of the profession either ignores Minskyís Financial Instability Hypothesis (FIH) or considers it plainly wrong, at least since the mid-80’s a few influential economists —who have certainly not embraced any unorthodoxcredo —have grown more receptive to this idea and eager to incorporate it in their models, even if diluted and sometimes disguised in order to make it more palatable to the conventional “representative” macroeconomist

Ten years after the crisis, financial regulation leaves taxpayers holding the bag for banks’ safety net.

Remarks from Finance & Society May 6, 2015