Abstract Manuscript Type Review Research Question/Issue We survey the literature on
corporate governance in banks in the US and international settings. We discuss how the …

What caused the crisis? Initially many thought that it was due to incentive problems in the US
mortgage industry. However, after the large economic meltdown following Lehman Brothers' …

Abstract Technology-based (“FinTech”) lenders increased their market share of US
mortgage lending from 2% to 8% from 2010 to 2016. Using loan-level data on mortgage …

Shadow bank market share in residential mortgage origination nearly doubled from 2007 to
2015, with particularly dramatic growth among online “fintech” lenders. We study how two …

Abstract Information, which can arrive in multiple forms, is a fundamental component of all
financial transactions and markets. We define hard and soft information and describe the …

An increase in credit supply driven by looser lending constraints in the mortgage market is
the key force behind four empirical features of the housing boom before the Great …

This myth shattering book reveals the methods Nouriel Roubini used to foretell the current
crisis before other economists saw it coming and shows how those methods can help us …

Based on data from 32 countries over the period 1996–2010, this paper is the first to assess
the relationship between financial innovation, on the one hand, and bank growth and …

ABSTRACT In the $793 billion Paycheck Protection Program, we examine metrics related to
potential misreporting including nonregistered businesses, multiple businesses at …

One of the central questions of comparative po liti cal economy is why there is so much more
poverty in the United States than in any other developed country. In any way that we can …