Why nominal interest rates bite harder than textbooks suggest
New research argues that fixed nominal mortgage payments and payment-to-income limits mean nominal interest rates directly affect what households can...
Read moreDetailsCalifornia’s $20 fast food wage pushed restaurant prices up 3.4% across the state, new analysis finds
A new analysis of Bureau of Labor Statistics data finds that California's $20 fast food minimum wage pushed restaurant prices...
Read moreDetailsThe psychology of “manifesting”: Why believers feel more successful but often aren’t
A new scale measuring belief in "manifestation" finds that about a third of Americans endorse it. Believers feel more successful...
Read moreDetailsHow AI is rewriting the marketer’s playbook, according to a wide-ranging literature review
A literature review of more than 200 publications maps how AI is being woven into marketing, from programmatic advertising to...
Read moreDetailsWhen a CEO’s foreign accent becomes an asset: What investors actually hear
An experiment using AI-generated CEO voices finds that investors were willing to invest more in companies led by foreign-accented CEOs...
Read moreDetailsCongressional stock trades look a lot like retail investing, new study finds
A new analysis of a decade of congressional stock trades finds lawmakers don't beat the market, and their buy-sell decisions...
Read moreDetailsResearchers identify a costly pattern in consumer debt repayment
New research finds that borrowers with multiple installment loans tend to prepay the oldest one first, even when paying down...
Read moreDetailsCan GPT-4 pick stocks? A new AI framework reports market-beating returns on the S&P 100
Researchers built an AI framework around GPT-4 that reads news, earnings reports, and macro data to pick stocks. On the...
Read moreDetailsWhat 120 studies reveal about financial literacy as a lever for economic inclusion
A systematic review of 120 studies maps what financial literacy programs teach, who they reach, what effects participants report, and...
Read moreDetailsWhen illness leads to illegality: How a cancer diagnosis reshapes the decision to commit a crime
A study of Danish administrative records finds that cancer diagnoses are linked to a 14% rise in criminal convictions, driven...
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