Between 1980 and before the recent crisis, the ratio of financial market debt to liquid assets rose exponentially in the U.S. (and in other financial markets),

Collateral is one of the building blocks on which the financial markets are constructed. Used for a number of purposes--including trading with central counterpa

The first book-length study of the importance of collateral frameworks in monetary policy, focusing on the Eurozone and euro crisis.

Who are the agents of financial regulation? Is good (or bad) financial governance merely the work of legislators and regulators? Here Annelise Riles argues that