The Financial and Psychological Costs of Income Volatility
October 18, 2023
Unpredictable and involuntary income fluctuations negatively impact consumption, parenting, and children’s schooling beyond the effects of income level.
October 18, 2023
Unpredictable and involuntary income fluctuations negatively impact consumption, parenting, and children’s schooling beyond the effects of income level.
March 15, 2023
Many economic decisions involve a guess about the future. Uncertainty can cause economic transactions to be deferred or foregone and can deepen downturns.
February 19, 2023
Nicholas Bloom (Stanford) joins Michael Klein to discuss the role of uncertainty, and patterns of uncertainty across countries and time.
February 23, 2017
Research demonstrates pervasive financial illiteracy and a troubling incidence of mistakes: decisions by consumers that jeopardize their financial well-being.