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Can Mortgage Forbearance Help Stabilize the Economy?

Sean Lee • November 21, 2023

Is allowing borrowers to suspend mortgage payments an effective way to stabilize the economy during a recession? In a new working paper, Omeed Maghzian and I attempt to…
Working Papers

Consumer Protection in French and British Credit Markets

Gunnar Trumbull • February 1, 2008

UCC08-17: In this paper, I review the trajectory of consumer credit reforms in France and the United Kingdom. Through a period of significant regulatory reform intended…