Topic: Debt
The Debt Market’s Indirect Antidote to ESG Greenwashing
Loans that include a sweetener or penalty tied to ESG performance seem to induce more honest reporting
How Much Debt Can the Government Roll Over Forever?
Public bonds compete against other investments; a model of that relationship
In a Crisis, Solvent Borrowers are Overcharged, Subsidizing Troubled Bank Clients
An unusual data trove from Greece’s economic collapse reveals the practice
Hospital Financial-Aid Programs Boost Use of Vital Health Care
Uninsured and insured both receive help; benefits are temporary
How Commodity Price Swings Destabilize Bank Relationships
Small firms in Peru shop nationwide for cheap credit, but loyalty runs two ways
Treasury Securities Are Actually Cheap Sometimes
They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock
Medical Debt in Collection Estimated at $140 Billion
Poorer residents of states refusing to expand Medicaid hit hardest
COVID-19-Induced Eviction Moratoria Reduced Hunger and Anxiety
Housing guaranteed, rent payments went toward food
Did Bank Capital Rules Make Credit Card Borrowing More Expensive?
Though defaults are low, rates on credit card loan-backed notes are high
Don’t Worry — It’s Multiple-Choice
Using smartphones to track lockdown compliance, paying employers to keep workers on the payroll and gauging nursing home availability
Education Pays Off Handsomely, but Borrowing for It Makes People Unhappy
Student debt weighs on happiness more than mortgages or credit card loans
One European Country Defaults: How Hard-Hit Is the Euro?
A predictive model employs credit default swaps across currencies
Less Leveraged Than the Competition: Ready to Snag Distressed Assets in a Recession
When bad times hit, highly indebted companies often have to sell operations and equipment at fire-sale prices
Forgoing a Tax Refund to Signal Brightening Financial Prospects
Companies that use loss carry-forwards to offset future tax liability, instead of claiming a refund, enjoy favorable lending terms
Modern Monetary Theory: Fiasco in Latin America, Option in U.S.?
The populist model, embraced by some on the American left, resembles policy that helped torpedo some smaller economies