Collateral law and contract enforcement shape credit and real activity: in 2001 ruling and STLs raise loan size wage per worker, income; employment reallocates.
UK home sales show buyers use lower discount rates for greener homes; sustainability premiums follow economic logic and inform climate investment rates.
inancial technology adoption influences household finances, information sources and portfolio inefficiencies, with benefits for the financially literate.
Pre-exposing people to weakened doses of misinformation techniques “pre-immunizes” them, cultivating cognitive antibodies and resisting influence online.
A continuous-time model shows inflation and the policy rate jointly drive consumption growth and asset prices, predicting equity, yields and key asset pricing m