• Jeremy Stein


Overheating in Credit Markets: Origins, Measurement, and Policy Responses. Jeremy Stein, February 7, 2013, Opinion. "Thank you very much. It's a pleasure to be here. The question I'd like to address today is this: What factors lead to overheating episodes in credit markets? In other words, why do we periodically observe credit booms, times during which lending standards appear to become lax and which tend to be followed by low returns on credit instruments relative to other asset classes?..." Link Verified October 13, 2014