In a new study, Yale SOM’s Heather Tookes and her co-authors find that after loan forebearance went into effect in March 2020, distressed borrowers’ credit scores jumped. That allowed them to take on more credit card and auto debt—and, eventually, led to higher rates of delinquencies.
Do activist shareholders choose quick profits over long-term health? Yale SOM’s Song Ma and his collaborators find evidence that their interventions boost innovation.
The Consumer Financial Protection Bureau will stop requiring payday lenders to confirm borrowers' ability to repay. We asked Yale SOM's Paul Goldsmith-Pinkham what this change might mean to financially strapped Americans.
Charles Elkan, Goldman Sachs’ global head of machine learning, on the technology can extract value from the natural resource that is defining this century—data.
Richard Kauffman ’83 explains how the New York Green Bank has made possible $1.5 billion in clean energy projects that wouldn’t otherwise have happened.
U.S. regulators have proposed revising the Volcker rule, which restricts the ability of banks to make risky trades with money from depositors. We asked Yale SOM’s Andrew Metrick about the potential consequences of the change.
A new paper looking at how investors assess the risk of a stock market crash in the next six months argues that negative media coverage of markets can play a role in investment decisions.
It’s been a dizzying week on Wall Street. We asked Yale SOM’s Andrew Metrick if the volatile stock market also means trouble for the broader economy.
Blythe Masters aims to remake the infrastructure of financial services with blockchain distributed ledger technology.
Professor William Goetzmann discusses the uncertainty facing the financial hub at Canary Wharf as Britain moves steadily toward its divorce from the European Union.
We asked Professor Robert Shiller, who has written about the economic and psychological aspects of market speculation, if Bitcoin is a bubble.