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Prof. Kim Schoenholtz's research is presented at the US Monetary Policy Forum

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Excerpt from The New York Times -- “'Our analysis does suggest that unconventional monetary policies (including QE and forward guidance) can build future hazards by encouraging certain types of risk-taking that are not easily reversed in a controlled manner,' write the authors, the economists Michael Feroli of JPMorgan Chase; Anil Kashyap of the University of Chicago; Kermit Schoenholtz of New York University; and Hyun Song Shin of Princeton."

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Additional coverage appeared on Bloomberg, Bloomberg Businessweek, Politico, The Wall Street Journal and The Washington Post.