We exploit a nation-wide introduction of mandatory disclosure of borrowers' total credit exposures and show that … sharing such information increases credit access independent of borrowers' history. Differentiating between borrowers applying … history, we find an overall increase in credit access measured by both loan application acceptance and credit amount. While …

The introduction of universal credit (UC) has been the most significant reform to the workingage benefits system since …

This paper evaluates the efficacy of the Secondary Market Corporate Credit Facility, a program designed to stabilize …, significantly reduced investment-grade credit spreads across the maturity spectrum-irrespective of the program's maturity …-eligibility criterion-and ultimately restored the normal upward-sloping term structure of credit spreads. The Federal Reserve's actual …

This paper examines the relationship between three government support measures (debt moratorium, credit guarantee …