Climate stress testing
We explore the design of climate stress tests to assess and manage macroprudential risks
from climate change in the financial sector. We review the climate stress scenarios currently …
from climate change in the financial sector. We review the climate stress scenarios currently …
Social finance
T Kuchler, J Stroebel - Annual Review of Financial Economics, 2021 - annualreviews.org
We review an empirical literature that studies the role of social interactions in driving
economic and financial decision-making. We first summarize recent work that documents an …
economic and financial decision-making. We first summarize recent work that documents an …
Social capital I: measurement and associations with economic mobility
Social capital—the strength of an individual's social network and community—has been
identified as a potential determinant of outcomes ranging from education to health …
identified as a potential determinant of outcomes ranging from education to health …
Social capital II: determinants of economic connectedness
Low levels of social interaction across class lines have generated widespread concern,,–
and are associated with worse outcomes, such as lower rates of upward income mobility …
and are associated with worse outcomes, such as lower rates of upward income mobility …
[PDF][PDF] A quantity-based approach to constructing climate risk hedge portfolios
We propose a new methodology to build portfolios that hedge the economic and financial
risks from climate change. Our quantity-based approach exploits information on how mutual …
risks from climate change. Our quantity-based approach exploits information on how mutual …
Housing market expectations
We review the recent literature on the determinants and effects of housing market
expectations. We begin by providing an overview of existing surveys that elicit housing …
expectations. We begin by providing an overview of existing surveys that elicit housing …
The effects of COVID-19 on US small businesses: evidence from owners, managers, and employees
We analyze a large-scale survey of small business owners, managers, and employees in
the United States to understand the effects of the COVID-19 pandemic on those businesses …
the United States to understand the effects of the COVID-19 pandemic on those businesses …
Global survey on COVID-19 beliefs, behaviours and norms
Policy and communication responses to COVID-19 can benefit from better understanding of
people's baseline and resulting beliefs, behaviours and norms. From July 2020 to March …
people's baseline and resulting beliefs, behaviours and norms. From July 2020 to March …
School reopenings, mobility, and COVID-19 spread: evidence from Texas
This paper examines the effect of fall 2020 school reopenings in Texas on county-level
COVID-19 cases and fatalities. Previous evidence suggests that schools can be reopened …
COVID-19 cases and fatalities. Previous evidence suggests that schools can be reopened …
Peer effects in product adoption
We use de-identified data from Facebook to study the nature of peer effects in the market for
cell phones. To identify peer effects, we exploit variation in friends' new phone acquisitions …
cell phones. To identify peer effects, we exploit variation in friends' new phone acquisitions …