An IV Hazard Model of Loan Default with an Application to Subprime Mortgage Cohorts | Consumer Finance Initiative | Lending Markets
How do Borrowers Adjust in a Household Foreign Currency Debt Crisis? | Lending Markets | Consumer Finance Initiative
Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds | Consumer Finance Initiative | FinTech
Executives from financial services firms discuss early adoption of AI in the industry, reasons for caution, and the benefits of partnering with fintechs.
Circuit breakers are meant to calm the markets. But new research shows that they can backfire and create more volatility if not properly designed.
Better than mean variance? This approach to portfolio formation accounts for shocks like pandemics and “drifts” like climate change.
Your data will be a mess.
Financial economist Andrew W. Lo became an ESG believer after developing a mathematical formula that quantifies the financial return on impact investing.
ESG ratings may be flawed, but they remain the most effective way to measure the ethical behavior of companies, MIT researchers contend.
To advance racial justice, companies must reform their lending practices. Here’s how.
