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Did the Community Reinvestment Act (CRA) Lead to Risky Lending?

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NBER2012-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w18609
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资源简介:
Yes, it did. We use exogenous variation in banks' incentives to conform to the standards of the Community Reinvestment Act (CRA) around regulatory exam dates to trace out the effect of the CRA on lending activity. Our empirical strategy compares lending behavior of banks undergoing CRA exams within
提供机构:
美国国家经济研究局
创建时间:
2012-12-01
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