A 150-year-old bank failure may still be haunting Black communities
The failure of the Freedman’s Bank may have had long-lasting repercussions for attitudes toward banking.
The latest
The value-stock premium is shrinking
Chicago Booth’s Eugene F. Fama revisits an influential finding of factor investing.
Global investment statistics hide potential risks
The prevalence of offshore financing could make it hard to size up the risks of a corporate debt crisis or to design policies in response to one.
COVID-19 has exposed the fragility of the life-insurance industry
Research suggests guaranteed-return investment products are putting a strain on insurers’ balance sheets.
In small-business lending, will some areas get left behind?
When the economy contracts, banks lend closer to home.
Latest from the Magazine
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A simple framework to help revive the US economy
Low-cost interventions could help depress COVID-19’s spread while opening up parts of the economy.
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How COVID-19 shocked both supply and demand
Research suggests stimulus and social support should both have a role in the policy response.
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The coronavirus has exerted historic influence on equity markets
When it comes to market volatility, past health crises don’t compare.
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Chang-Tai Hsieh: We need a plan to avoid a humanitarian and economic catastrophe
A COVID-19 Q&A with the Phyllis and Irwin Winkelried Professor of Economics
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How quantitative models can help policy makers respond to COVID-19
Good policy making recognizes and adapts to the uncertainty inherent in model building.
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Two proposals to keep the lights on at small businesses
Business stabilization plans based on insurance and lending models could help vulnerable businesses through the crisis.