Showing results 1 - 10 of 37
October 2023, Paper: "We survey the growing literature emphasizing the role that supply-and-demand forces play in shaping the term structure of interest rates. Our starting point…
2023, Paper: "We develop a model in which specialized bond investors must absorb shocks to the supply and demand for long-term bonds in two currencies. Since long-term bonds and…
April 9, 2021, Paper: "Long-term nominal interest rates are surprisingly sensitive to high-frequency (daily or monthly) movements in short-term rates. Since 2000, this high-…
September 23, 2020, Paper: "The Federal Reserve’s Main Street Lending Program for small and medium-sized businesses should take more risks to meet the unique challenges posed by…
June 2020, Paper: "Using historical data on post-war financial crises around the world, we show that crises are substantially predictable. The combination of rapid credit and…
June 2020, Paper, "Drawing on lessons from the 2007–2009 Global Financial Crisis (GFC) and a simple conceptual framework, we examine the response of U.S. bank regulators to the…
2019, Paper, "We develop a model in which risk-averse, specialized bond investors must be paid to absorb shocks to the supply and demand for long-term bonds in two currencies.…
The Excess Sensitivity of Long-Term Rates: A Tale of Two Frequencies. Samuel Hanson, October 15, 2018, Paper, "Long-term nominal interest rates are known to be highly sensitive to…
Interest Rate Conundrums in the 21st Century. Samuel Hanson, June 13, 2018, Paper, "A large literature argues that long-term nominal interest rates react far more to high-…
Social Risk, Fiscal Risk, and the Portfolio of Government Program. Samuel Hanson, David Scharfstein, Adi Sunderam, June 2018, Paper, "We develop a model of government portfolio…