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

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

shorter maturity credit lines than large firms; (ii) have less active maturity management and therefore frequently have … expiring credit; (iii) post more collateral on both credit lines and term loans; (iv) have higher utilization rates in normal … recession. Consistent with the theory, the increase in bank credit in 2020:Q1 and 2020:Q2 came almost entirely from drawdowns by …

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 …

. Payday credit is priced per dollar borrowed, so when that option is available, depositors prone to small overdrafts switch … at banks and other depository institutions increases when depositors have access to payday credit. Our findings … illuminate competition and pricing frictions in the large, yet largely unstudied, small-dollar loan market. -- Payday credit …

developing a new methodology to separate firms' credit shocks from loan supply shocks, using a vast sample of matched bank … bank loan supply net of borrower characteristics and general credit conditions - can have large impacts on aggregate loan … fluctuations.-- credit constraints ; investment …

The Main Street Lending Program was created to support credit to small and medium-sized businesses and nonprofit … operated by buying 95 percent participations in standardized loans from lenders (mostly banks) and sharing the credit risk with …

Productive firms can access credit markets directly by issuing corporate bonds or by borrowing through financial … intermediaries. In this paper, we study the cyclical properties of corporate credit provision through these two types of debt … instruments in major advanced economies. We argue that the cyclicality of corporate credit is closely related to the cyclicality …