By Arthur Korteweg, Stavros Panageas & Anand Systla We evaluate private equity (PE) performance using investor-specific stochastic discount factors, and examine whether investors... read more

By Michael Bates & Andrew C. Johnston Why do employers offer pensions? We empirically examine two theoretical rationales, namely that... read more

By Adair Morse & Parinitha R. Sastry Banks have voluntarily committed to align their lending portfolios with a net zero path toward... read more

By Charles Yuji Horioka This paper explores the determinants of the level of, and trends over time in, Japan’s household... read more

By Eduardo Nakasone, Máximo Torero & Angelino Viceisza Migrant remittances are significant but remain relatively costly to send. Policymakers have... read more

By Kevin S. Milligan & Tammy Schirle We evaluate the retirement incentives embedded in Canada’s retirement income system with attention... read more

By Noha Emara, Freddy Cama & Mohamed Trabelsi This paper explores the relationship between the informal sector and financial inclusion... read more

By Kristy Jansen, Sven Klingler, Angelo Ranaldo & Patty Duijm Pension funds rely on interest rate swaps to hedge the... read more

By Hua Chen, Han Xiao, Yunxiao Guo & Ding Li Optimising household asset allocation is vital for expanding domestic demand... read more

By Abigail Hiller The researchers then use their index to analyze the extent of financial exclusion across the US as... read more