This paper provides new evidence on the long-term impacts of neighborhood environment on low-income credit decisions by … participants who moved to lower poverty neighborhoods as young children experienced better access to and greater use of credit into … adult and older children experience the same benefits to credit outcomes, we do find they experience improvements in …

We document cross-individual variation in U.S. credit card borrowing costs (APRs) that is large enough to explain … explain APR differences comparable to moving someone from the worst credit score decile to the best …

administrative credit panel data, we show that the payment pause led to a sharp drop in student loan payments and delinquencies for … borrowers subject to the debt moratorium, as well as an increase in credit scores. We find a large stimulus effect, as borrowers … to increase borrowing on credit cards, mortgages, and auto loans rather than avoid delinquencies. The effects are …

We propose a new approach to studying the pass-through of credit expansion policies that focuses on frictions, such as … estimating heterogeneous MPBs and MPLs in the U.S. credit card market. Using panel data on 8.5 million credit cards and 743 … credit limit regression discontinuities, we find that the MPB is declining in credit score, falling from 59% for consumers …

-income households increased their demand for credit to finance higher consumption expenditures in order to "keep up" with higher … the underlying type of the applicant, so that banks ultimately channel more credit toward lower-income applicants in low …

We study how the availability of credit shapes adaptation to a climatic shock, specifically, the long 1950s US drought …

We combine the Decennial Census, credit reports, and administrative earnings to create the first panel dataset linking … parent's credit access to the labor market outcomes of children in the U.S. We find that a 10% increase in parent's unused … revolving credit during their children's adolescence (13 to 18 years old) is associated with 0.28% to 0.37% greater labor …