This paper presents novel evidence on the role of credit scores in the dynamics of committed relationships. We document substantial positive assortative matching with respect to credit scores, even when controlling for other socioeconomic and demographic characteristics. As a result,...

Private partnership (PPP) can be complex and difficult to structure. Indeed, partly reflecting these challenges, experience with PPPs in the United States is limited, which may be self-reinforcing by deterring public sponsors not familiar with PPPs from ever considering one to procure...

Barclays has been fined, the British have issued their report, and now the market is anxious for everything to go on as usual with the London Interbank Offer Rate (“LIBOR”). I think that would be a serious mistake. The U.S. and British investigations into rate-fixing by Barclays revealed a...