- Did you know that mortgage-backed securities (MBS) were invented by Dutch bankers over 200 years ago?
- And that their collapse triggered a financial crisis strikingly similar to the one we witnessed in 2008?
In this episode, Dr. Jen kicks off a special two-part series with her colleague Dr. Tim, whose groundbreaking research on 18th-century Dutch banking was recently published in the Journal of Finance—the world’s top academic finance journal.
🎼 Special music: De Bankier's Farewell — a piece inspired by the 18th-century Netherlands, taking you back in time as we uncover this historical finance story.
In Part 1, we dive into the research itself: ✅ What were these early MBS markets? ✅ How did reputation shape financial stability? ✅ And what lessons can we learn for today’s banking systems?
To make this fascinating research easy and fun to understand, two AI co-hosts—Amy and Jonny—walk us through the paper in a clear, engaging 15-minute conversation. No finance degree needed!
📌 Paper title: “Going for Broke: Bank Reputation and Mortgage-Backed Securities in 18th-Century Netherlands” 📚 Don’t miss this story of innovation, collapse, and lessons that echo through centuries.
👉 Stay tuned for Episode 20, where we go behind the paper with Dr. Tim and explore the personal journey behind this major academic milestone.
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