I’m 67, own two homes outright worth $2.8 million, but I have $19,000 in credit-card debt. Should I get a HELOC?

Statistical notice The Bank of England Levy (the Levy) is a means of funding the costs of the Bank’s policy functions in pursuit of its Financial Stability and Monetary Policy objectives.   If you are a new Levy Payer in the 2026/27 Levy Year please complete this Bank of England Levy Contact Details form and submit…

Time: 10am to 1pm | Location: Bank of England, Threadneedle Street, London, EC2R 8AH and MS teams Minutes Item 1 – Introduction The Chair opened the meeting, setting out the aim of the meeting: to agree which animals should be recommended to be included on a shortlist which the public would be asked to choose…

Thursday, August 28, 2025 GAO Is Nonpartisan. Here’s How We Do It On this special episode of the podcast, we sit down with GAO’s Chief Quality Officer Tim Bowling to discuss how GAO protects our fact-based, nonpartisan reputation by ensuring our work is free from partisanship and bias.

We rely on experts for a lot of our information. By “expert,” I mean someone who is paid for their opinion. Roger Koppl uses this definition in his 2018 book Expert Failure, and I use the same definition in my research, which is based on his book. This definition is useful because it allows us…

The central trade-off for designing Disability Insurance (DI) is between providing insurance to those in need while maintaining incentives to work. This paper develops a novel revealed-preference approach to identify the insurance value of DI benefits. We show that comparing the DI take-up response to a change in benefits versus a change in wages identifies…

The authors thank the Center for Connecticut Education Research Collaboration for financial support in conducting this research and the Connecticut State Department of Education for both providing administrative data and advice on the usage of the data. We are especially grateful to Morgaen Donaldson and Alexandra Lamb at the Center for Connecticut Education Research Collaboration…