Consumer Finance
Our Consumer Finance Institute researches how people earn, spend, save, and invest, as well as how credit markets and payment systems affect the economy. Our goal is to foster a healthy consumer sector, a stable financial system, and a resilient regional and national economy.
Discussion Paper
Racial Differences in Mortgage Refinancing, Distress, and Housing Wealth Accumulation During COVID-19
DP 21-02 - The COVID-19 pandemic exacerbated racial disparities in U.S. mortgage markets.
Consumer Finance
What is the Consumer Finance Institute?
We study credit and payment markets to understand how they affect consumers and the economy.
Report
Vaccine Reluctance Is Diminishing but Still High in a Few Industries
June 2021
This research brief examines data regarding workers’ attitudes about vaccination by industry using responses to the April 2021 COVID-19 Survey of Consumers conducted by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute.
Article
When Regulatory Oversight Tightens, Do Mortgages Become Scarcer for Riskier Borrowers?
01 Jun ’21
Research in Focus — Andreas Fuster, Matthew Plosser, and the Philadelphia Fed's James Vickery ask if regulatory oversight by the Consumer Financial Protection Bureau affects mortgage credit supply.
Event
Sep
9-10
2021
New Perspectives on Consumer Behavior in Credit and Payments Markets Conference – 2021
Virtual
Discussion Paper
The Lingering Fiscal Effects of the COVID-19 Pandemic on Higher Education
DP 21-01 – The unprecedented challenges from COVID-19 present many institutions of higher education with liquidity, and even solvency, concerns.
Working Paper
Household Mortgage Refinancing Decisions Are Neighbor Influenced
WP 21-16 – Can social influence effects help explain regional heterogeneity in refinancing activity?
COVID-19
COVID-19 and the Philadelphia Fed
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
Consumer Finance
Consumer Finance Institute Visiting Scholars
We regularly invite outside experts in consumer finance and payments to conduct independent research, collaborate with our staff economists and analysts, and participate in our events.
Report
Summary of the Workshop on Credit Card Lending and Payments
The Federal Reserve Bank of Philadelphia’s Supervisory Research Forum (SURF) and Consumer Finance Institute (CFI) held the virtual Workshop on Credit Card Lending and Payments on September 16‒17, 2020.