The volume and volatility of international capital flows have motivated recent interest in the optimal use of capital controls and the communication and coordination among central banks.

Student loan borrowing accelerated during the Great Recession and now outranks any non-mortgage debt, including auto loans and credit card debt.

Deferment or forbearance may be masking the true student loan default rates in recent years.

One of the most interesting features of the Great Recession is that—contrary to other global recessions—it was mostly a rich-country phenomenon.