Markets for consumer financial services are growing rapidly in low-and middle-income
countries and are being transformed by digital technologies and platforms. With growth and …

The racial wealth gap is the largest of the economic disparities between Black and white
Americans, with a white-to-Black per capita wealth ratio of 6 to 1. It is also among the most …

The fourth edition of the Global Findex offers a lens into how people accessed and used
financial services during the COVID-19 pandemic, when mobility restrictions and health …

Can fintech close the gender gap in access to financial services? Using novel survey data
for 28 countries, this paper finds a large and ubiquitous 'fintech gender gap': while 29% of …

We present evidence that males are more tolerant of sex crimes than females. We exploit a
natural experiment, in which a firm's executive rapes a nine-year-old girl. Based on …

Binding lower bounds on interest rates and large government deficits limit the scope of fiscal
and monetary policies to stimulate households' spending through financial intermediaries …

We estimate β-δ time preferences and relative risk aversion (RRA) using a lifecycle model
including stochastic income, liquid and illiquid assets, credit cards, dependents, Social …

The adoption of crypto assets has been of great concern to policymakers ever since
Facebook announced its proposed cryptocurrency, Libra, in mid-2019. Behind this concern …

ABSTRACT I develop a structural model of mortgage demand and lender competition to
study how leverage regulation affects the UK mortgage market. Using variation in risk …

We survey a representative sample of US households to study how exposure to the COVID-
19 stock market crash affects expectations and planned behavior. Wealth shocks are …