The populist model, embraced by some on the American left, resembles policy that helped torpedo some smaller economies
Sixty years of data suggest retirement obligations rise after Democrats scrape into office
A predictive model employs credit default swaps across currencies
The Fed’s gambit didn’t trigger a home-price recovery, but research shows it reduced subprime foreclosure risk
Research reveals that those wary of payday loans tend to manage their finances better
34,334 letters were sent to test how sensitive those owing back taxes are to neighbors’ knowledge of the debts
Federal loan modification program led borrowers to default
Loans that include a sweetener or penalty tied to ESG performance seem to induce more honest reporting
Investors in leveraged companies take on extra risk, but research indicates they see no offsetting return
They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock
Private equity investors weigh the total cost of capital — not just debt, but equity as well — when pursuing buyouts
Data back to 1870 show similarities in the worst banking system shocks — focusing on loose lending before a meltdown
Tax policy change triggers an incentive for lenders to be more aggressive