October 31, 2023
Opportunties and Challenges of Running a Cash-Only Business
A benefit of running a cash-only business is lower transaction costs. There is no need…
August 3, 2023
Building Trust in Credit Markets
Credit markets involve three main players: Borrowers, Savers, and Lenders. The role of financial intermediaries…
May 3, 2023
Liquidity vs. Solvency Issues for Households
Households temporarily short of cash to cover their bills have a Liquidity issue and may…
April 12, 2023
Identifying and Funding Climate-Friendly Investments
Community Development Financial Institutions (CDFIs) are in a unique position to help small businesses make…
February 14, 2023
Household Credit and The Life-Cycle Income Hypothesis
Why and when do people need credit? Answers to these two questions can help us…
February 6, 2023
Avoid Falling Into the Trap that led to the Global Financial Crisis
The collapse of the U.S. housing market which led to the great recession of 2008-9…
February 2, 2023
The Demand and Supply for Loanable Funds
Credit markets help align the demand and supply for loanable funds. They help match borrowers…
January 29, 2023
Why Low Income Individuals Lack Access to Credit
Access to credit is a critical component of economic stability and growth. It allows individuals…
January 8, 2023
Principal-Agent Problems in Credit Markets
A “Principal-Agent” Problem arises whenever a Principal, such as a lender or creditor, and Agent,…