Results 131 to 140 of about 677 (217)
Too Much Finance: Mechanisms That Harm Growth and Policy Implications
The Manchester School, EarlyView.ABSTRACT The mechanisms for the financial sector to harm growth arise through short‐termism of financial markets. This leads to the misallocation of resources in the private sector, leading to financial crises and damage to growth. However, harm to growth comes not only from financial crises, but also from the failure of short‐termist financial markets
Arup Daripa +2 more
wiley +1 more source
Can There Be Too Much Finance? A Complex Answer to a Simple Question
The Manchester School, EarlyView.ABSTRACT This paper provides a critical review of the Too Much Finance literature, both in its academic contribution and as response to the earlier finance and growth literature. We describe the academic origins and development of the finance and growth literature and discuss pitfalls with the commonly used indicators of financial development.
Thorsten Beck
wiley +1 more source
The role of health shocks after age 70 on housing and wealth profiles. [PDF]
PLoS OneAydilek A.
europepmc +1 more source
“Nowhere else to go”: Slow abandonment and (en)closures of long‐term care in Los Angeles
Medical Anthropology Quarterly, EarlyView.Abstract Residential long‐term care facilities, known in California as “board and care” homes, have been closing rapidly in the last decade. Proponents assert these provide vital forms of housing and care to the poor and must be saved, while critics contend they perpetuate the institutionalization of people with disabilities and should be abolished ...
Maxwell A. Hellmann
wiley +1 more source
How have urban housing preferences developed in response to the COVID-19 pandemic? A case study of Vienna. [PDF]
PLoS OneBraesemann F, Kluge J, Lorenz H.
europepmc +1 more source
Is There an Information Channel of Monetary Policy?
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT Exploiting the heteroskedasticity of the changes in short‐term and long‐term interest rates and exchange rates around the FOMC announcement, we identify three structural monetary policy shocks. We eliminate the predictable part of the shocks and study their effects on financial variables and macro variables.
Oliver Holtemöller +2 more
wiley +1 more source
Insurance and climate risks: Policy lessons from three bounding scenarios. [PDF]
Proc Natl Acad Sci U S AKousky C, Treuer G, Mach KJ.
europepmc +1 more source
The Limits of Regulatory Capture: Explaining the UK Payment Protection Insurance Mis‐Selling Scandal
Public Administration, EarlyView.ABSTRACT To what extent does regulatory agencies' failure to protect the public from harm result from undue industry influence? We argue that “regulatory capture” is invoked too easily to explain regulatory failure. To re‐examine the relationship between regulatory capture and regulatory failure, we use process‐tracing to study UK regulatory decision ...
Eva Heims
wiley +1 more source
Bonds on the Ballot: What Voters (Don't) Know About Debt Financing and Why It Matters
Public Budgeting &Finance, EarlyView.Abstract American subnational governments commonly require voters to approve bond proposals, reflecting historical concerns about legislative shortsightedness. Yet voters need an understanding of how bond financing works to make choices consistent with preferences. Existing literature makes it unclear whether voters have such knowledge.
Shanna Pearson‐Merkowitz +3 more
wiley +1 more source
Public Budgeting &Finance, EarlyView.Abstract The review of sales tax exemptions represents a significant undertaking for states across the United States. This analysis introduces a set of tax policy criteria to evaluate these exemptions in response to prevalent stakeholder considerations. We implement these criteria in the context of North Carolina's exemption of unprepared food from the
Whitney Afonso, Alex Combs
wiley +1 more source