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Smock cited in story on how low marriage rates may exacerbate marriage-status economic inequality

Shapiro says Americans' seemingly volatile spending pattern linked to 'sensible cash management'

Work of Cigolle, Ofstedal et al. cited in Forbes story on frailty risk among the elderly

Highlights

Sarah Burgard and former PSC trainee Jennifer Ailshire win ASA award for paper

James Jackson to be appointed to NSF's National Science Board

ISR's program in Society, Population, and Environment (SPE) focuses on social change and social issues worldwide.

McEniry and Schoeni host Conference on Long-run Impacts of Early Life Events

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Kimball's argument against paper currency cited in NYT column on ECB's negative interest rates

a PSC In The News reference

"Europe Gets Negative Interest Rates. What Does That Even Mean?" - New York Times. 06/04/2014.

On June 5, 2014 the European Central Bank adopted a negative interest rate policy for the 18 euro currency nations, a measure designed to stimulate the economy. However, because this policy may ultimately affect commercial bank customers in the form of zero interest paid on deposits and fees charged for accounts, the ECB is also concerned about large-scale withdrawals from the banking system. What to do? This column points to Miles Kimball's position that if paper money could be all but eliminated in favor of electronic money, "the so-called zero lower bound on interest rates would no longer exist, and central banks could easily set negative interest rates in a depressed economy to encourage more spending and investment."

Kimball's QUARTZ column on e-money

Researcher:

Miles Kimball

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