We provide the first evidence of the effects of credit market regulations on the cost of bank loans. Using a sample of 3,706 banks in 154 countries over the period 2002-2020, we find robust evidence that the liberalisation of credit market regulations is associated with lower loan prices. The...

Consumer financial protection law is dominated by ex-ante, contract-centered regulatory measures. But these measures largely fail to curb lenders' incentive to lend beyond consumers' ability to repay. The Article thus suggests an alternative approach: discouraging lenders from extending loans...

This paper analyzes the herding behavior that characterizes lenders’ lending decisions on a microloan platform and explains how rational herding behavior can resolve the information-asymmetry problem, which is a well-known reason for the failure of online microloan platforms. Using a set of...

China is one of the pioneers in developing innovative models for credit business through a partnership between Fintech firms and traditional financial institutions such as banks. There are different business models of this Fintech-Bank partnership, a common feature being that in entering into...

In this paper, we study the effects of elections on the changes in the supply of mortgage credits around elections. According to the literature, politicians have incentives to change economic policies in order to attract voters. We consider a particular type of credit offered through financial...