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Why Financial Literacy Is Essential for Fixing a Broken Personal Finance System: A Review of Fixed: Why Personal Finance Is Broken and How to Make It Work for Everyone by John Y. Campbell and Tarun Ramadorai

By Annamaria Lusardi

Journal of Economic Literature

This review assesses John Campbell and Tarun Ramadorai’s book entitled Fixed. Why Personal Finance is Broken and How to Make It Work for Everyone. The volume is an excellent discussion of the research on household finances around the world. Most importa...

The 40-Hour Work Week

By Eunseong Ma

American Economic Journal: Macroeconomics

This study examines the implications of the traditional 40-hour work week using an incomplete-markets model that incorporates both the extensive and intensive margins of labor supply, along with a wage penalty for working fewer hours than a specified t...

Seasonal Allergies and Accidents

By Mika Akesaka and Hitoshi Shigeoka

American Economic Journal: Economic Policy

Seasonal allergies affect over 400 million people globally, yet the broader economic consequences of pollen exposure remain understudied. Evidence from Japan’s ambulance records suggests that high-pollen days are associated with increases in accidents, ...