mortgages or moving. Black and Hispanic white borrowers face challenges refinancing because, on average, they have lower credit …

Current empirical methods to identify and assess the impact of bank credit supply shocks rely strictly on multi … economy and most prone to credit supply shocks. We propose and underpin an alternative demand control (using industry …-location-size-time fixed effects) that allows identifying timevarying cross-sectional bank credit supply shocks using both single- and multi …

the economic efficiency and equity of credit markets. Arising from concern for borrowers disadvantaged by such … lenders are generally considered to have enhanced the equality of access to credit. Unfortunately, existing research has not … adverse selection or moral hazard in current models of limited lending and credit rationing poses difficulties in empirical …