Annual Conference

|

Sustainable and Green Finance

|

May 2025

Using data on the universe of mortgages on offer in the United Kingdom, we study the prevalence and features of green mortgages, used for the financing of energy-efficient properties. We uncover substantial heterogeneity in their financial benefits. Products with preferential rate provide discounts ...
Keywords: Real Estate, Household Finance, Financial Institutions, Energy Efficiency, Climate Change
  • View
  • Download
  • Bookmark
  •    |   

Annual Conference

|

Sustainable and Green Finance

|

May 2025

Most homeowners do not have enough insurance coverage to rebuild their house after a total loss. Using contract-level data from 24 homeowners insurance companies in Colorado, we show wide differences in average underinsurance across insurers that persist conditional on policyholder characteristics. ...
Keywords: Disaster Insurance, Disaster Recovery, Information Frictions and Limited Attention, Insurance Demand
  • View
  • Download
  • Bookmark
  •    |   

Annual Conference

|

Household Finance

|

May 2025

We examine the impact of financial influencers (“finfluencers”) on retail investment with detailed data from actual investment decisions in four Nordic countries. Using an instrument that randomly assigns influencers to followers, we find the following: (1) Investors tend to follow influencers w...
Keywords: Social network, retail trading, financial influencers
  • View
  • Download
  • Bookmark
  •    |   

Annual Conference

|

Household Finance

|

May 2025

This paper provides causal evidence for the impact of sales channels on insurance product adoption. Specifically, we utilize policy-level data provided by one of the largest life insurers in China, where we observe granular information on policy features and investor characteristics. We then exploit...
Keywords: Insurance Market, Household Finance, Life Insurnace, Annuity
  • View
  • Download
  • Bookmark
  •    |   

Annual Conference

|

Household Finance

|

May 2025

Interest rate caps on household savings are a common form of financial repression in developing countries and typically benefit banks at the expense of households. Using proprietary data from a leading Chinese FinTech company, we investigate FinTech’s role in alleviating financial repression throu...
Keywords: FinTech, digital payments, fast payments, bank deposits, money market funds, ceiling regulation, financial repression
  • View
  • Download
  • Bookmark
  •    |