Article
Meet the New Borrowers
Economic Insights — If a credit history is necessary to get credit, and credit is needed to build a credit history, where does this leave new borrowers? This article explains how lenders may look beyond repayment history to give new borrowers access to credit.
Featured Work
Working Paper
The Role of Regulation and Bank Competition in Small Firm Financing: Evidence from the Community Reinvestment Act
WP 22-06 – This paper analyzes how bank regulation that promotes greater access to credit impacts the financing of targeted small firms.
Working Paper
Bond Insurance and Public Sector Employment
WP 22-03 – This paper uses a unique data set of local governments’ bond issuance, expenditure, and employment to study the impact of the monoline insurance industry’s demise on local governments’ operations.
Discussion Paper
Consumer Credit Card Payment Deferrals During the COVID-19 Pandemic
DP 22-01 – In response to the economic hardships stemming from COVID-19, many U.S. card-issuing banks offered measures to assist their customers who were financially affected by the pandemic.