We analyze the bank supply of credit under the Paycheck Protection Program (PPP). The
literature emphasizes relationships as a means to improve lender information, which helps …

I use new hand-collected data on banks' mobile apps to analyze how financial services
digitalization has changed traditional banking. I show that small community banks (SCBs) …

This dissertation consists of three essays in the field of banking. Chapter 1 examines the
effects of interest rate deregulation on banks. Exploiting the passage of Gramm-Leach-Bliley …

China has experienced significant capital flight over the past two decades. Despite
anecdotal evidence that some of this capital has been invested in foreign residential …

Customer data is particularly valuable in the digital economy. Customer transactions
monitored by banks, payment systems, and retail platforms are a useful source of …

This paper studies the role of capital withdrawn from the national stock market in local small
business lending and local economic development. Using the Madoff Ponzi Scheme as a …

Social networks impact both the demand for and supply of consumer and small business
loans originated on lending marketplaces. Loan demand increases substantially with past …