WP 21-41 – We examine how a negative shock from severe identity theft affects consumer credit market behavior in the United States.
We study credit and payment markets to understand how they affect consumers and the economy.
WP 21-38 – We construct a two-period model of revolving credit with asymmetric information and adverse selection.
WP 21-36 – We document that increasing penalties for default reduces strategic default in financial crises by exploiting the 2009 changes to Canadian consumer insolvency regulations.
The Risk Assessment, Data Analysis, and Research (RADAR) Group has created a monthly report examining mortgage forbearances and delinquencies.
WP 21-35 – In this paper, we examine if there are gender differences in total bankcard limits by utilizing a data set that links mortgage applicant information with individual-level credit bureau data from 2006 to 2016.
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
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.
WP 20-42/R – In July 2005, a set of cuts to Medicaid eligibility and coverage went into effect in the state of Missouri.