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-in-differences regressions, their empirical strategy compares pre-Reform and post-Reform auto loans across states with persistent historical … auto loans in the average state by 15 basis points, with a larger decline in states where Chapter 13 is more common. The … on the number and size of new auto loans. The estimates show a small, negative, and insignificant impact on the number of …
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We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption and a Minskyan banking sector to analyze the relationship between rising saving rates, the accumulation and distribution of...
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We examine how consumer credit access impacts self-employment and small business ownership by building a new dataset that links 3 million individual earnings and credit reports to pass-through tax records. We show that self-employment and employer business ownership increase with personal credit...
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