Remove Credit Rating Remove Finance Remove Innovation
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Study Suggests AI Could Reduce Bias In Car Finance

The Horizons Tracker

.” Mitigating bias In a bid to mitigate bias, the study concentrated on various factors including consumer credit scores, loan-to-value ratios, vehicle types, and vehicle prices. Notably, it centered its analysis on an average customer, rather than individuals at the extreme ends of credit ratings.

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Who Really Benefits From Ride Sharing?

The Horizons Tracker

What’s more, the availability of finance has been a key ingredient in the growth of the sector. As a result of this, the arrival of Uber et al coincided with an increase in car loans being given to low-income people who had poorer credit ratings. It was a sign of a market emerging to satisfy the fresh demand.

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New Study Predicts Gloomy Economic Times Ahead For Americans

The Horizons Tracker

” Precarious finances. Walk away and default on the mortgage, with all of the credit rating implications. Furthermore, our study also highlights an important cost of homeownership: For instance, buying a home will constrain your labor mobility, and in the long run that may adversely affect your labor income.”

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The Real Solution Is Growth

Harvard Business Review

Recent headlines have focused on the debt ceiling , the recent credit rating downgrade , unemployment , and the other thorny fiscal challenges facing the United States. We should not take our eye off the really important ball: economic growth and the innovation process that underpins it. Though the U.S. This is what the U.S.

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Private Equity Can Make Firms More Innovative

Harvard Business Review

And a recent working paper out of the Dusseldorf Institute for Competition Economics ( DICE ), a think tank of sorts, focuses on the latter by exploring whether leveraged buyouts (LBOs) make firms more innovative. PE investors don’t typically invest in firms known for innovation.

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Crisis of Faith in the Financial System

Harvard Business Review

The Ming note is printed with the statement that it is "To Circulate for Ever" — quite a vote of confidence from the treasury, and presumably one necessary for such an innovative approach to payment and livelihood. In the end this money did become worthless.".

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Africa’s Unique Opportunity to Promote Inclusive Growth

Harvard Business Review

But with robust growth rates and economies unburdened by legacy structures of the last century, Africans can innovate beyond what others are doing. The African Development Bank (AfDB) is the most visible organization tasked with shepherding that inclusive innovative growth. Innovating away from past exclusion.