Building the digital currency space
Professor Katrin Tinn is at the forefront of the effort to reimagine Canada鈥檚 monetary backing system.
With the right innovations in central bank digital currencies, she believes, everything from paying taxes to earning income as an independent artist could become more reliable and more efficient.
Patrick Augustin, Associate Professor of Finance, awarded Canada Research Chair in Macrofinance and Derivatives
Professor Patrick Augustin鈥檚 research program seeks to foster our understanding of financial markets and public institutions, focusing on sovereign and corporate credit risk, insider trading, and new financial technologies. As these subjects are fundamental to the stability of financial markets and modern economic society, the proposed research is instrumental in guiding public policy design.
Volmageddon and the Failure of Short Volatility Products
Authors: Patrick Augustin, I-H. Cheng and L. Van den Bergen Publication: Financial Analysts Journal, Forthcoming; First published online May 20, 2021 Abstract:
The future of ETF regulation
Professor Patrick Augustin provides an expert perspective on questions surrounding the regulation of a Bitcoin-traded fund (ETF) proposed by VanEck Associates Group. While the Securities and Exchange Commission (SEC) deliberates, it runs the risk of making space for a digital shadow finance industry to emerge, says Augustin.
When sovereign debt becomes a problem
Professor Patrick Augustin and three other North American economists are ringing an alarm bell about the increasing risks associated with heavy borrowing at the state level. In their recent study of 30 developed countries and 30 U.S. states, they measure the effect of the spread of the COVID-19 pandemic on the borrowing costs of governments.
Trust, Collaboration, and Economic Growth
Authors: Jiro Kondo, D. Li, and D. Papanikolaou
Publication: Management Science, Volume 67, Issue 3, March 2021, Pages 1825-1850. Abstract:
Rogers purchases Shaw, erases competition
Following its $26 billion acquisition of Shaw, Rogers has been criticized for eliminating regional competition. If the sale is approved by the Trudeau government, the company would become the second-largest telecom provider in Canada.
Professor Paul Beaumont joins the conversation to discuss the continuing importance of keeping the telecom industry competitive.
Professor Katrin Tinn proposes unique design for digital currency
Professor Katrin Tinn recently teamed up with Professor Christophe Dubach from the Faculty of Engineering to propose a new design for the Bank of Canada鈥檚 digital currency. By protecting the identity and transactions of individual spenders, their design would address ongoing privacy and compliance concerns with Central Bank digital currency (CBDC).
In Sickness and in Debt: The COVID-19 Impact on Sovereign Credit Risk?
Authors: Patrick Augustin, V. Sokolovski, M.G. Subrahmanyam, and D. Tomio
Publication: Journal of Financial Economics, Forthcoming Abstract:
Learning Through Crowdfunding
Authors: G. Chemla and Katrin Tinn Publication: Management Science, Volume 66, Issue 5, May 2020, Pages 1783-1801. Abstract:
Desautels professor lends expertise to Exchange Traded Funds (ETF) study
One of Wall Street鈥檚 least-known trading companies, Jane Street has quietly become a global market-maker. With a niche in the world of exchange traded funds (ETFs), the company was well-positioned to weather the COVID-19 crisis. Professor Sebastien Betermier recently entered the conversation with a new report that connects fixed-income ETFs to market liquidity during the pandemic.
Small investors change the game, but it won鈥檛 last
Earlier this month, a Reddit-driven investor coup sent shockwaves through the market as heavily shorted stocks skyrocketed in price. Professor Mo Chaudhury weighs in on the mania, attributing the rising number of new investors to the COVID-19 pandemic.
Investors anticipate low-carbon economy
As the renewable energy sector grows in leaps and bounds; pension funds, banks, investment companies, and insurance companies are waking up to the risk of devaluation in fossil fuel investments.
Delve: The Divided State of American Public Health
Even as the pandemic radically reshaped American life, the federal government failed to provide strong and consistent guidance about how best to manage this public health crisis. Not surprisingly, individual states diverged in what they chose to do, and when they chose to do it
Prevent members of U.S. Congress from trading individual stocks
Professor Patrick Augustin wades into the debate over the heated race to fill Georgia鈥檚 two Senate seats in a runoff and special election scheduled for January.
