D Karlan, AL Ratan, J Zinman - Review of Income and Wealth, 2014 - Wiley Online Library
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world …
E Duflo - American Economic Review, 2017 - aeaweb.org
As economists increasingly help governments design new policies and regulations, they take on an added responsibility to engage with the details of policy making and, in doing so …
Building on a textbook description of associative memory, we present a model of choice in which a choice option cues recall of similar past experiences. Memory shapes valuation and …
JY Campbell - American Economic Review, 2016 - aeaweb.org
This lecture considers the case for consumer financial regulation in an environment where many households lack the knowledge to manage their financial affairs effectively. The …
Abstract Research Summary CEOs increasingly engage in activism on controversial social and political issues that do not directly affect their core business. Simultaneously, the …
This article shows that accounting for variation in mistakes can be crucial for welfare analysis. Focusing on consumer under-reaction to not-fully-salient sales taxes, we show …
We provide evidence from field experiments with three different banks that reminder messages increase commitment attainment for clients who recently opened commitment …
We analyze the effectiveness of consumer financial regulation by considering the 2009 Credit Card Accountability Responsibility and Disclosure (CARD) Act. We use a panel data …
Simpler government arrived four years ago. It helped put money in your pocket. It saved hours of your time. It improved your children's diet, lengthened your life span, and benefited …