Could Stablecoins Destabilize Other Markets?
If research using 2021 and 2022 data is any indication, the odds are good.
Could Stablecoins Destabilize Other Markets?Stock dividends are a fundamental part of finance, and yet research suggests that many investors—retail and professional—don't understand them. Chicago Booth’s Samuel Hartzmark explains that by thinking of dividends as free money, many market participants are making portfolio decisions they wouldn't otherwise make.
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If research using 2021 and 2022 data is any indication, the odds are good.
Could Stablecoins Destabilize Other Markets?How choices in market design affect the fortunes of various types of investors.
A Market without HFT?Some degree of concentration in subprime credit markets could be good for consumers.
When It Comes to Subprime Car Loans, Competition Drives Rates UpYour Privacy
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