Media & News
After the merger frenzy, banking behemoths rule
Sydney Morning Herald, pg 19, 06 October 2008
Vast banks now being created will make life difficult for regulators, writes Eric Johnston. A recurring theme for these mergers is that some banks are "too big to fail", says Joshua Gans, a director for the Centre for Ideas and the Economy at the Melbourne Business School. But some banks are now too big for US or European regulators to bail out - yet the failure of one would set off the equivalent of an atomic bomb throughout the world's financial systems. Read article here
Parental leave: PC proposals fall short
Joshua Gans, The Age, pg 6, 06 October 2008
The Productivity Commision's recommendations could have gone much further, writes MBS Professor Joshua Gans. Read article here
Financial mayhem puts the brakes on climate change program
The Australian Financial Review, pg 38, 04 October 2008
The Climate Institute's chief executive John Connor is aware that business is going to use the financial crisis as the latest excuse to slow any response to climate change, and MBS Professor Joshua Gans also says that no matter what the long-term economics of the changes required, these will act as a tax on the economy at the moment.
Survival of the fattest in world of mega banks
The Age, pg 1, 04 October 2008
As financial institutions struggle to stay solvent, mergers and shotgun weddings are laying the groundwork for a new world order. A recurring theme for these mergers is that some banks are "too big to fail", says Joshua Gans, a director for the Centre for Ideas and the Economy at Melbourne Business School. That is, they are now too big for US or European regulators to bail out - yet the failure of one would set off the equivalent of an atomic bomb throughout the world's financial systems. Read article here.
It's survival of the fittest in jobs jungle
The Australian Financial Review, pg 1, 03 October 2008
MBS Professor Ian O. Williamson comments on the use of psychometric testing in the recruitment process. He notes that research has proven that there are ‘numerous tools that are far more effective than a typical unstructured interview'.
Keep non-bank lenders afloat
Joshua Gans, The Australian, 02 October 2008
MBS Professor Joshua Gans and Chris Joye, Chief Executive of Rismark International, write on the importance of the Australian Government developing an explicit policy regime to regulate the participants in, and protect the liquidity of, the AAA-rated mortgage-backed securities market. Read article here.
Professional expertise applied to parenting techniques
Lavatus Prodeo , 02 October 2008
Blog, Lavatus Prodeo reviews MBS Professor Joshua Gans' new book Parentonomics. "Usefully, (Gans) brings a skeptical, analytical eye to some of the tenets of parenting. But, more than that, it's a chance to see how an economist, and one for whom a major interest is game theory, views a part of the world that's familiar to most people". Read article here.
Meltdown hurts climate for change
Joshua Gans, The Age, pg 10, 01 October 2008
As a global recession looms, the hopes for dealing with climate change diminish, writes MBS Professor Joshua Gans. Read article here
