Financial Markets & Banking

Financial Institutions

• How Do Banks Respond to Capital Regulation? — The Impact of the Basel III Reforms in the United States
• Firm Dynamics and SOE Transformation During China’s Economic Reform
• Loan Modifications and the Commercial Real Estate Market

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Financial Markets

• Access to Credit for Small and Minority-Owned Businesses
• Which Industries Received PPP Loans?
• Municipal Markets and the Municipal Liquidity Facility

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Financial Stability

• How Do Banks Respond to Capital Regulation? — The Impact of the Basel III Reforms in the United States
• Why Wasn’t there a Nonbank Mortgage Servicer Liquidity Crisis?
• Making Friends Meet: Network Formation with Introductions

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Policy and Regulation

• How Do Banks Respond to Capital Regulation? — The Impact of the Basel III Reforms in the United States
• As Branches Decline, How Do Bankers Continue to Comply with CRA?
• Large Loan Review Finds Higher Risk Persists

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