Customizing the optimal derivative written on an “instrument” risk to hedge an exogenous pecuniary risk is only …

consumer behavior --- as when, for example, one assumes that a market consisting of loss-averse consumers is more responsive to … aggregate the demand of individual loss-averse consumers to obtain market demand and show that market demand may be more …

There are more young adults today with either no credit history or insufficient credit history to be scored by one of … the major credit bureaus than there were before the Great Recession−a reality that is likely an unintended outcome of the … missing from credit bureau data act as a drag on state-level consumption growth. This finding seems to be driven by young …