Profits and Social Impacts: Complements vs. Tradeoffs for Lenders in Three Countries

Tax expenditures – deductions, reduced rates and other preferential tax provisions – are a well-established instrument of fiscal policy. They serve a wide range of purposes: stimulating investment, supporting social objectives and accompanying structural change are just a few examples. In Switzerland, the last estimate for federal tax expenditures puts them at CHF 25 billion…

Firms often rebrand to counter negative shocks, but can it work? Using a historical natural experiment, we analyze a large sample of companies from the same industry (banking) that shared very similar names, but overwhelmingly decided to change them in response to a common, negative news shock. U.S. entry into World War I in 1917…

Monday, July 13, 2026 Health Insurance Marketplace Agents’ Scams and the Efforts to Prevent Them Consumers can use the help of a broker or agent to help them navigate government-run health insurance marketplaces. Agents can be useful in helping consumers pick the best insurance plan. But recent federal fraud cases have highlighted concerns that some…

Index-linked treasury stocks are gilts issued by the UK Government. They pay out twice a year, with the amount indexed to the Retail Prices Index.

Jared Jageler and Willow Latham-Proença, both formerly of CBO, contributed to an earlier version of this work. For helpful comments on this paper and related work, we are grateful to Pierre Azoulay, Enrico Berkes, Aaron Betz, Devrim Demirel, Douglas Elmendorf, Andrew Fieldhouse, Nathan Goldschlag, Daniel Gross, Benjamin Jones, Joseph Kile, Jeffrey Kling, Junghoon Lee, Donald…

  So Britain has a new Prime Minister the 7th in a decade and even before he walked into Downing Street his own predecessor compared his economic plans to … Liz Truss. But, Burnham is not bothered, the so called King of the North claims that his plans to revitalise the regions of Britain will…