A woman meets with a female banker at a desk to discuss business matters.

Capital Buffers in a Quantitative Model of Banking Industry Dynamics

WP 21-24 – We develop a model of banking industry dynamics to study the quantitative impact of regulatory policies on bank risk taking and market structure as well as the feedback effect of market structure on the efficacy of policy.

Featured Work

Monetary Policy


The Graying of Household Debt in the U.S.

Economic Insights — Thanks to an aging population, continuously falling interest rates, and the Great Recession, more debt is held by older Americans today than ever before.

Unexpected Effects of Bank Bailouts: Depositors Need Not Apply and Need Not Run

WP 21-10 – A key policy issue is whether bank bailouts weaken or strengthen market discipline.

Consumer Credit

Working Paper

Does CFPB Oversight Crimp Credit?

WP 21-08 - We study how regulatory oversight by the Consumer Financial Protection Bureau (CFPB) affects mortgage credit supply and other aspects of bank behavior.

Featured Data

Map of the Third Federal Reserve District

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: 26 Mar ’21

Map of the Third Federal Reserve District

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: 20 May ’21