This paper studies the determinants of being unbanked in the euro area and the United States as well as the effects of being unbanked on wealth accumulation. Based on household-level data from the euro area Household Finance and Consumption Survey and the U.S. Survey of Consumer Finance, it...

We study the equilibrium effects of the "S" dimension of ESG under imperfect competition in labor or product markets. We model ESG policies as constraints that boards place on managers to treat their stakeholders well. "Doing Well by Doing Good" holds for moderate ESG policies, which are...