Bank Opacity and Safe Asset Moneyness
Abstract A bank is more effective as a supplier of money‐like safe assets when (i) its return on equity (ROE) is relatively lower and (ii) it is relatively more opaque about its balance sheet. A model is presented to support this, emphasizing that safe asset investors focus on the left tail of the collateral value distribution.
SANG RAE KIM
wiley +1 more source
The Impact of Long-Term Care Insurance Payment Modes on Healthcare Utilization and Expenditures Among Middle-Aged and Older Adults in China. [PDF]
Li X, Li M, Li Z.
europepmc +1 more source
Monetary Policy When Preferences Are Quasi‐Hyperbolic
Abstract We study discretionary monetary policy in an economy where economic agents have quasi‐hyperbolic discounting. We demonstrate that a benevolent central bank is able to keep inflation under control for a wide range of discount factors. If the central bank, however, does not adopt the household's time preferences and tries to discourage early ...
RICHARD DENNIS, OLEG KIRSANOV
wiley +1 more source
Evaluation of a general practitioner-based rehabilitation follow-up consultation to promote patients' use of medical rehabilitation aftercare: study protocol for a pragmatic cluster randomized crossover trial. [PDF]
Lukasczik M +3 more
europepmc +1 more source
Quantitative Tightening Around the Globe: What Have We Learned?
Abstract We use recent cross‐country experiences to assess the impact of shrinking central bank balance sheets through quantitative tightening (QT). QT announcements increase government bond yields, steepening the yield curve and potentially signaling a greater commitment to raising policy interest rates, but have more limited effects on most other ...
WENXIN DU +2 more
wiley +1 more source
Health Influence and Association Analysis of Inpatient Service Under-Utilization in Older Adults With Multimorbidities: A National Study in China. [PDF]
Xue Y, Huang Z, Ye J, Liu G.
europepmc +1 more source
Review of Research on Digital Financial Literacy: Measurement, Causes, and Impact
ABSTRACT This literature review comprehensively analyzes the evolving research on digital financial literacy (DFL) and synthesizes findings from 53 articles published between 2005 and 2025. The review was based on a systematic search across major academic databases.
Weiqiang Tan, Wenhao Zhang, Xingyu Zhang
wiley +1 more source
Non-inferiority of digitally assisted outpatient rehabilitation in patients with back pain: 12-month follow-up of a randomized controlled trial. [PDF]
Albers R +6 more
europepmc +1 more source
ABSTRACT Nature and biodiversity loss have recently gained prominence as a critical dimension of environmental risk for the financial sector. Unlike climate change, integrating biodiversity considerations into financial decision‐making is far more intricate and methodologically heterogeneous.
Carlo Confalonieri +3 more
wiley +1 more source

