Tuesday, May 05, 2015
When consumers can’t pay their credit card bills, they choose between delinquency and bankruptcy. By treating delinquent borrowers differently according to their current financial conditions, lenders can maximize repayment and make a difference in whether or not a household chooses bankruptcy.
Monday, May 04, 2015
Internal devaluation has been discussed as a means to increase competitiveness among European countries that were in crisis.
Thursday, April 30, 2015
Teaching financial literacy doesn’t have to be expensive. Our economic education program, Econ Lowdown, offers a range of free resources, and the usage of these resources has grown considerably.
Tuesday, April 28, 2015
Job-hunting decisions, as well as some measures of income inequality, are closely connected with the living arrangements people choose.
Monday, April 27, 2015
Trade has increased dramatically over the past few decades, and most of the increase comes from countries already trading with each other.