Article
Banking Trends: Regulatory Changes and Community Banks During COVID
Economic Insights — During the pandemic the banks that took advantage of the Community Bank Leverage Ratio (CBLR) acted quite differently than those that did not.
Featured Work
Working Paper
Consumer Bankruptcy, Mortgage Default and Labor Supply
WP 22-26 – We investigate the impact of bankruptcy legislation on different education groups and find that BAPCPA affected the low-education and low-income group much more negatively than the high-education and high-income group.
Working Paper
PEAD.txt: Post-Earnings-Announcement Drift Using Text
WP 21-07/R – We construct a new numerical measure of earnings announcement surprises, standardized unexpected earnings call text (SUE.txt), that does not explicitly incorporate the reported earnings value.
Working Paper
Self-Fulfilling Debt Crises, Revisited
WP 20-03/R - We revisit self-fulfilling rollover crises by exploring the potential uncertainty introduced by a gap (however small) between an auction of new debt and the payment of maturing liabilities.
Featured Data
Institutions in the Third District
The lists include a summary of market statistics and each institution’s location and asset size as of the most recent quarter.
Updated: 16 Dec ’22
Third District Banking Conditions
Third District Banking Conditions is a semiannual report comparing the trends of Third District community banks with their national peers.
Updated: 07 Oct ’22