Area: Finance
How Quantitative Easing Changed the Bond Market
Investors’ future expectations about QE policy lowered long-term yields, made investors feel safer holding the bonds
Why the Stock Market Needs Gamblers
They counteract the impulses of two other market personality types
Why Rising Stocks Sometimes Reverse, Then Rally
Cultural differences and investor behavior can drive reversals and momentum
Rise of Nonbank Lenders Undermines Community Reinvestment Act Effectiveness
Traditional banks pull out of lower- and median-income neighborhoods the federal program aims to help
Locally, the Extent of British Rule in India Still Holds Back Economic Opportunity
Areas under direct rule lost the components of human capital
As AI Supercharges Finance Research, Will We Believe the Results?
Building benchmarks to guide researchers and validate AI-enabled findings
When Exchange Rates Move, U.S. Companies Feel It — Even More Than Previously Thought
Firm-specific export data enables researchers to potentially solve a puzzle in economics
LA Residents Exposed to Wildfire Smoke Face Heightened Health and Financial Risk
Far from burn zones, especially for renters and those with iffy credit, money troubles follow fires
A Quiet Expansion of Deposit Insurance Could Disrupt U.S. Banking
Seen as a backstop to small- and midsized banks, the program, allowing insurance in multiples of $250,000, alters banking’s risk calculus
One Way the Stock Market Sends Signals to Bond Traders
Thin stock trading, amid both price volatility and a period of potential economic change, leads bond investors to seek a higher yield
Think Your Job Is Safe From Robots?
Automation depresses career pay for many workers, notably including those in industries not automating
CD Withdrawal Penalties: Often More Than Worth the Risk
Banks know you won’t do the math: Even after a penalty for early withdrawal, the longer-term CD often nets out to a better deal
Prediction Markets + Polls + Economic Indicators: Better Election Forecasting?
A model incorporating markets that allow betting on elections suggests a role in prognostications
How Banking’s Bifurcated Deposit Approach Is Altering Lending — and Risk
Offering higher deposit rates lessens emphasis on loans of fixed rate and longer maturity
Unintended Consequence of Stale Corporate Bond Fund Prices Amid Fed Tightening
In wild markets, do the most dated prices actually reduce redemptions?
Inclusion in an ETF Can Improve the Pricing of Underlying Stocks
It can also help management make capital expenditure decisions