households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high-inequality … regions accumulated less debt relative to income than their counterparts in lower-inequality regions, which negates the … during the 2000s. We present a model in which banks use applicants' incomes, combined with local income inequality, to infer …

-income households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high-inequality … regions accumulated less debt relative to income than their counterparts in lower-inequality regions, which negates the … during the 2000s. We present a model in which banks use applicants' incomes, combined with local income inequality, to infer …

households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high-inequality … regions accumulated less debt relative to income than their counterparts in lower-inequality regions, which negates the … during the 2000s. We present a model in which banks use applicants' incomes, combined with local income inequality, to infer …

households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high-inequality … regions accumulated less debt relative to income than their counterparts in lower-inequality regions, which negates the … during the 2000s. We present a model in which banks use applicants' incomes, combined with local income inequality, to infer …

-income households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high-inequality … regions accumulated less debt relative to income than their counterparts in lower-inequality regions, which negates the … during the 2000s. We present a model in which banks use applicants’ incomes, combined with local income inequality, to infer …