Financial Policy

Max Harris on the Future of Money

A person in a suit smiles for a headshot As new technologies reshape the global financial landscape, Wharton voices lead the discussion. Max Harris, senior fellow at the Wharton Initiative on Financial Policy and Regulation (WIFPR), recently served as Project Director for the Group of Thirty’s (G30) new report, "The Past and Future of Money: New Technologies and Economic…Read More

AI-Powered Collusion in Financial Markets

Itay Goldstein And Winston Wei Dou headshots, with the heading "Discoveries" The use of artificial intelligence in capital markets is becoming more widespread due to its perceived ability to enhance efficiency. But a recent study by Itay Goldstein and Winston Wei Dou, which is part of the Jacobs Levy Center's working paper series on SSRN, demonstrates the ever-present risk of AI-powered…Read More