How 'houses as ATMs' feed a recession

For most Americans, their home is their most valuable asset, so it makes sense to borrow against the equity to obtain cash. In lean times, that money can be spent on consumption, which keeps the economy humming along. But ...

Global liquidity shocks impact house prices

New research from Cass Business School has found that global liquidity shocks do impact house prices in both emerging and advanced economies but this can be mitigated by government policy.

Electric vehicles as an example of a market failure

Electric vehicle revolution is well under way. Norway ambitiously heads toward having all new cars sold as zero-emission by 2025. China continues to be one of the major drivers of EV boom. The US market experiences strong ...

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