The ways in which partners manage their money provide important clues to gender inequality and the nature of couple relationships. Analyzing data from nationally representative surveys ( N = 11,730 couples), I examine changes across British cohorts born between 1920s 1990s household financial management, how vary individuals couples occupying differential income positions. results show divergen...

Policy makers, practitioners, and researchers emphasize the importance of consumers developing capabilities to improve their financial well-being. Key principles concern the management of two integral resources: earnings and savings. Although prior research has examined factors influencing those resources independently, less is known about how earn-save decisions are made in conjunction: for ex...

Autonomous agents functioning in complex and rapidly changing environments can improve their task performance if they update and correct their world model over the life of the agent. Existing research on this problem can be divided into two classes. First, reinforcement learners that use weak inductive methods to directly modify an agent’s procedural execution knowledge. These systems are robus...

Policymakers and academics continue to debate the criteria used in formulas allocate funding children’s services, but few studies have considered how well results of these align with rights-based entitlements commitments after implementation. This research measured correspondence between local authority spending per child levels income deprivation, special educational needs, development from 20...

A few days before the last meeting of the Federal Open Market Committee (FOMC), I noticed a wire service story about the upcoming meeting with the following headline: “It’s Not What They Do, It’s What They Say.” The story alluded to the fact that, with a 25-basis-point increase in the federal funds rate target at the FOMC meeting being widely anticipated, financial-market participants planned t...

The sharing economy could be an answer to the challenge of sustainability; it can facilitate and reuse resources, create new ways earning money, enhance social connections. For example, by reducing use natural resources without having acquire or own everything, positively affect sustainability. At core this type lies trust among users between platform—the system cannot reach its full potential ...

We examine optimal monetary policy under prevailing Chinese policies – including capital controls, nominal exchange rate targets, and costly sterilization of foreign capital inflows. China’s combination of capital controls and exchange rate pegs disrupts its monetary policy, precluding adjustments that could maintain macroeconomic stability following a set of shocks that mirror its experience d...