Purpose This paper reviews recent advances in the empirical literature of FinTech and
household finance. Design/methodology/approach We survey the effects of FinTech on …

We study how the differential timing of local lockdowns due to COVID-19 causally affects
households' spending and macroeconomic expectations at the local level using several …

Robo-advice uses big and open data to provide consumers with fully informed and rational-
expectation benchmarks in all realms of household finance, including consumption, saving …

ABSTRACT I discuss a new intellectual paradigm, social economics and finance—the study
of the social processes that shape economic thinking and behavior. This emerging field …

We use administrative and survey-based micro data to study the relationship between
cognitive abilities (IQ), the formation of inflation expectations, and the consumption plans of …

Inflation expectations are central to economics because they affect the effectiveness of fiscal
and monetary policy, as well as realized inflation. We survey the recent literature with a …

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 …

What are the implications of information technology (IT) in banking for financial stability?
Data on US banks' IT equipment and the background of their executives reveals that higher …

Cognitive abilities help explain the large cross-sectional variation in inflation expectations at
the household level. But which type of cognitive abilities are important? We find that not only …

Using transaction-level data from two German banks, we study the effects of smartphones on
investor behavior. Comparing trades by the same investor in the same month across …