historical relationship with Treasury yields, leading to significantly and persistently easier mortgage credit conditions. We … credit became relatively cheaper. …

We study the effects of regulatory oversight by the Consumer Financial Protection Bureau (CFPB) on credit supply as …

The surge in credit and house prices that preceded the Great Recession was particularly pronounced in ZIP codes with a … credit. Owing to their low incomes, subprime households are constrained in their ability to meet interest payments and hence … sustain debt. As a result, when the supply of credit increases and interest rates fall, they take on disproportionately more …

's credit decisions affect their future income. We use the bank's cutoff rule, which is based on the applicants' credit scores … mostly driven by the use of borrowed funds to undertake investments, and is stronger when individuals are more credit-constrained. …

loan outcomes is scant. Using granular loan-level information from the Italian Credit Register, we build a novel measure of …

I study the effects of an increase in the supply of local mortgage credit on local house prices and employment by … affect house prices through the supply of credit and that bank specialization thereby plays an important role in the …