Ching-Tse Chen

My research in household and behavioral finance examines how people respond to financial policies, market rules, and changing economic incentives.

Using large administrative and account-level datasets, I identify both the intended and unintended effects of financial policies. My work shows how student-loan payment relief changes household borrowing and how lower trading costs can improve market quality while encouraging speculation and reducing returns for less-sophisticated investors.

My research helps policymakers and financial institutions understand these trade-offs and design policies that better support household financial well-being and well-functioning markets.