Topic: Debt
Oversight of Borrowed Money Creates Animosity
Friends lending to friends, taxpayers bailing out businesses feel it’s still their money and have opinions on how it’s spent
Why Do Banks With Little Skin in the Game Still Monitor Borrowers?
Tax policy change triggers an incentive for lenders to be more aggressive
What Investors Infer From External News And Management Silence
Uncertainty about outside news alters company disclosures and how markets interpret them, study finds
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