We use matched, bank-level panel data on Libor submissions and credit default swaps to decompose bank-funding spreads … at several maturities into components reflecting counterparty credit risk and funding-market liquidity. To account for … the possibility that banks may strategically misreport their funding rates in the Libor survey, we nest our decomposition …

The housing boom that preceded the Great Recession was due to an increase in credit supply driven by looser lending …

addition to individuals’ characteristics, neighborhood characteristics significantly affected whether individuals were unbanked …

saving, saving, building assets, or establishing (or repairing) credit. However, SVCs could pave the way for individuals to … this emerging product for unbanked and underbanked consumers, explores the hypothesis that SVCs can offer consumers the … potential to build assets and improve their credit records, and presents policy issues that may affect how the SVC market …

financial education has on an individual’s decision to move from unbanked to banked. To date, most programs and initiatives that … target the unbanked define program impact by the number of bank accounts opened. This study provides evidence that the best … unbanked with the skills and tools necessary to make sound financial decisions given their financial circumstances. …