Ross, Zhou Release Working Paper on Documenting Loss Aversion using Evidence of Round Number Bias

Stephen Ross, CFS Affiliate and Professor in the Department of Economics at University of Connecticut, along with his co-author Tingyu Zhou, Assistant Professor in the Department of Risk Management/Insurance, Real Estate, and Legal Studies at Florida State University, release working paper that builds on existing literature documenting loss aversion in the housing market, where expected … Continue reading Ross, Zhou Release Working Paper on Documenting Loss Aversion using Evidence of Round Number Bias

Newly Released Paper and Brief: Does State-mandated Financial Education Affect Financial Well-being?

This paper and brief, authored by Jeremy Burke, J. Michael Collins, and Carly Urban, estimates the causal effect of required high school financial education on the financial well-being of young adults. Financial well-being includes people’s subjective sense of financial management, as well as their confidence in achieving their unique financial goals. This study shows that … Continue reading Newly Released Paper and Brief: Does State-mandated Financial Education Affect Financial Well-being?

Newly Released Brief & Working Paper on Foreclosure Spillovers within broad Neighborhoods

CFS Research Fellow and Professor of Economics at the University of Connecticut, Stephen Ross, along with his co-authors Weiran Huang of the Department of Finance in NYC and Ashlyn Nelson from Indiana University Bloomington, have released a working paper and policy brief that examine the spillover effects of foreclosure within broad neighborhoods. Download Policy Brief … Continue reading Newly Released Brief & Working Paper on Foreclosure Spillovers within broad Neighborhoods