Area: Finance

Street signs Research Brief / Interest Rates

Are Interest Rates Really So Low?

Adjusting for inflation — and, crucially, for taxes — shows bond investors fare better than they might think

Chinese investors having a discussion Research Brief / Investing

In China, Big Investors Have Brilliant Timing ― Or Do They Know Someone?

A scan of a million brokerage accounts finds the wealthy trade ahead of market-moving news

Monochrome picture of children cheering Research Brief / Investing

When Younger Investors Overreact to News, Others Feel It

Inexperienced investors, lacking historical context, impact markets

Illustration of two dice Research Brief / Investing

You Call That Fun? Why Individual Stock Investors Bother

Avanidhar Subrahmanyam studies how some investors’ gambling mentality affects share prices

Bird's eye view of a suburb Research Brief / Housing

The Housing Meltdown Would Have Been Far Worse Without California’s Anti-Foreclosure Laws

Restraining lenders saved hundreds of billions in home value

Road marking - One Way with snow Research Brief / Investing

Bringing a Sharper Focus to the Study of the Decline of Investment Diversification

Research measures the impact of global economic factors on returns

A laptop computer Research Brief / Housing

When Homeowners Confide in Google, Forecasters See Clues to Mortgage Defaults

Researchers developed an index that warns earlier than others about approaching home loan problems

Home with an auction sign on the lawn Research Brief / Home Mortgages

Some Homeowners Pay Their Underwater Mortgages Until the Government Offers a Better Option

Federal loan modification program led borrowers to default

Screen grab of bank website Research Brief / Mortgage Lending

Local-Level Mortgage Lending: How Competition Pushes Rates Higher, Not Lower

A study finds unexpected impact when a disruptive player enters market

Illustration balance of risk and reward on a scale Research Brief / Stock Returns

The Strange Case of the Missing Stock Market Return

Investors in leveraged companies take on extra risk, but research indicates they see no offsetting return

Stack of papers in folders Research Brief / Home Mortgages

Clues to the Market When Mortgage Originators Delay Securitization

With high-quality borrowers hard to judge from afar, Alt-A market offers quiet signal on creditworthiness

Earnings statement Research Brief / Wealth Inequality

Largest Firms’ Stock Gains Skew Big Picture on Worker-Owner Income Division

Wage earners get larger (relative) share at smaller companies, not at giants like Apple, Alphabet and Amazon