China's urban household saving rate has increased markedly since the mid-1990s, accompanied by a dramatic increase in homeownership. Is there a causal link between those two phenomena? This paper takes advantage of a unique natural experiment in China, which reformed the nationwide...

This paper examines the causal effect of bank credit expansion on fertility by exploiting exogenous increases in bank credit supply generated by the U.S. interstate branching deregulation between 1994 and 2005. I employ both traditional and staggered difference-in-difference methods to estimate...