What We’re Reading Now
A hand-picked list of what CRR researchers are reading:
Blood Money: Selling Plasma to Avoid High-Interest Loans (The Review of Financial Studies)
Selling blood plasma now surpasses payday loans as a way to access liquidity for the financially vulnerable. Should policymakers consider regulating plasma centers like a financial tool?
Insurers’ $1 Trillion Buildup in Private Credit Is Leaving Regulators in the Dust (The Wall Street Journal)
Insurers (especially life insurers and annuity providers) have invested nearly $1 trillion in private credit, and regulators are struggling to determine how much risk this creates.
The Effect of Annuities on Longevity (National Bureau of Economic Research)
Chilean retirees who chose to annuitize had lower mortality, an effect driven by the annuity itself, not by the explanation that those who live longer are simply more likely to annuitize.
