consistent with adverse selection during the pandemic, while we do find advantageous selection. Moreover, life insurance … policyholders were more likely to get vaccinated, thus taking ex-post preventive action reducing their pandemic risk. Such positive …

shock on the use and availability of consumer credit. First, we find that in counties severely affected by the pandemic … increase their outstanding balances. Second, while both local pandemic severity and non-pharmaceutical interventions (NPIs …) have a significantly negative effect on credit use, the pandemic itself is the main driver. Third, we report a drastic …

May, especially for risky borrowers, balances remain depressed overall. We find a strong negative impact of local pandemic … severity on credit use, which becomes smaller over time, consistent with pandemic fatigue. Restrictive public health … interventions also negatively affect credit use, but the pandemic itself is the main driver. We further document a large reduction …

We conduct a survey-based experiment with 2,776 students at a non-profit university to analyze income insurance demand … in education financing. We offered students a hypothetical choice: either a federal loan with income-driven repayment or … ISA uptake by 43%. We observe that students are responsive to changes in contract terms and possible student loan …

arrival, consistent with i) pandemic constraints on spending, ii) other pandemic programs and social insurance, and iii) the … broader disbursement of the EIPs compared to the economic losses during the early stages of the pandemic. While these EIPs did … not fill an urgent economic need for most households, the first round of EIPs did provide timely pandemic insurance to …