Does advertising help consumers to find the products they need or push them to buy products they don't need? In this … paper, we study the effects of advertising on consumer mistakes and quantify the resulting effect on consumer welfare in the … market for mortgage refinancing. Mortgage borrowers frequently make costly refinancing mistakes by either refinancing when …

This paper examines racial and ethnic differences in high cost mortgage lending in seven diverse metropolitan areas … lenders explains almost all of the racial and ethnic differences in high cost mortgage borrowing …