Women and Money: Unique Issues – Your Money Matters

Money matters.

Through readings and assignments, you will gain self-awareness, knowledge, and practice that can help you manage money wisely. By the end of the course, you will be able to:  describe your financial influences and values  use an income and spending log  develop a budget  identify opportunities to reduce spending  critically read credit card offers and credit reports  consider costs and be...

Money matters.

Money Talks and Matters:

How should central banks conduct and communicate their policies to serve the goal of stabilizing the macroeconomy? This thesis – consisting of three self-contained essays on dynamic macroeconomics – is mainly intended as a progress report on exploring the normative aspect of monetary policy. The main result of the first essay is, that in the presence of idiosyncratic risk, the public revelation...

Your Money or Your Life: Managing Health, Managing Money

Using the Panel Study of Income Dynamics, this paper examines the relationship between non-collateralized debt (NCD) and health behaviors. The results reveal that households whose members tend to lead less healthy lifestyles are more likely to hold NCD. Obesity of either spouse is associated with about 7 percentage point increase in the probability of holding NCD. Similarly, wife’s smoking is a...

Money Still Matters

The workhorse of modern macroeconomics is the New Keynesian model. This model assumes that monetary policy is transmitted through the path of the shortterm nominal interest rate. Money, if it is included at all, is relegated to an inconsequential role in monetary policy analysis. The purpose of this paper is twofold. First, we summarize the literature on the existence and role of money that is ...