Author/Editor: Sophia Chen, Lev Ratnovski, Yangfan Sun.
Release Date:May, 2021
Nonlocal mortgage lenders with greater exposure to high-growth housing markets accept fewer loan applications in these markets and experience greater stock return volatility. When these lenders more...
We examine the effect of bank capital levels on firm investment drawing on a sample of11,106 non-financial firms from 2007 to 2013 in 16 advanced economies. We examine twomeasures of bank capital more...
Laws governing the foreclosure process can have direct consequences on the costs offoreclosure and could therefore affect lending decisions. We exploit the heterogeneity inthe judicial requirements more...
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