Social Insurance with Imperfect Eligibility Screening: Theory and Evidence from Pandemic UI

News release The Prudential Regulation Authority (PRA) has today published a consultation on the internal model approach to market risk (IMA), which represents the final piece of Basel 3.1’s implementation in the UK. Under Basel 3.1’s market risk rules – often referred to as the Fundamental Review of the Trading Book – banks calculate how…

We study whether information frictions about the relative effectiveness of study methods distort students’ effort allocation. Standard models treat effort as a single input whose level, rather than composition, determines outcomes. We instead model effort as an allocation across methods with heterogeneous effectiveness. Combining panel surveys, administrative records, digital activity logs, and a randomized information…

President Donald Trump (L) and Sen. Elizabeth Warren (D-MA). Reuters | Getty Images Sen. Elizabeth Warren, D-Mass., said Thursday that the Trump administration’s overhaul of the Consumer Financial Protection Bureau has cost Americans up to $26.5 billion so far, the latest Democratic critique of sweeping changes made to the agency. In a report shared first…

The US Dollar Index (DXY) trades within a volatile range on Friday as a sparse US economic calendar leaves traders watching developments in the Middle East after renewed hostilities between the United States (US) and Iran this week. Even so, the latest flare-up has provided only limited support, with the DXY set to finish the…

There are two main ways to move money from your workplace retirement plan when you leave your job. One can cost you.

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