When consumers barely trust institutions, banking fines might lead people to withdraw their money.
Are Big Bank Penalties Good or Bad for the Financial System? Read More
Reliable information, not financial literacy, is the main barrier to credit growth.
In Informal Markets, Trustworthy Data Are Key Read More
Regulatory action unrelated to fair lending can nonetheless increase access to credit for historically disadvantaged categories of borrowers.
How Fixing Troubled Banks Can Help Minorities and Women Read More
How community membership affects the allocation of trade credit
The Equation: The Community Ties That Count Read More
In areas lacking formal reporting and resolution systems, community-driven reciprocity may fill in and enable access to credit.
In Some Places, Community Is Key to Who Gets Commercial Credit Read More
Corporate monitors can reduce lawbreaking, but their influence fades quickly.
A Way to Keep Errant Companies in Line—for Awhile Read More
A regulatory move toward transparency has broadly changed the behavior of bank monitors as well as outcomes for banks.
Banking Regulators Operate Differently under Public Scrutiny Read More
Companies strategically respond to anticipated tax breaks.
Why the Prospect of a Lower Tax Bill Leads US Companies to Move Profits Abroad Read More
Faced with competition from a bank planning to enter its territory, a local community bank may increase its loan-loss provisions.
Do Companies Camouflage Their Results to Scare Off Competitors? Read More