An analysis of data related to decentralized finance (DeFi), used to explore how access to private transactions affects a block builder’s share of profits.| Liberty Street Economics
Aradillas Fernandez, Hiti, and Sarkar provide a quantitative assessment of systemic risk in the nonbank financial sector.| Liberty Street Economics
The authors consider the systemic implications of the observed build-up of bank-NBFI connections associated with the growth of NBFIs.| Liberty Street Economics