Empirical assessment of SR/CA small-dollar lending letter impact
Daniel Gorin,
Sarah Gosky and
Michael Suher
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Daniel Gorin: https://www.federalreserve.gov/econres/daniel-r-gorin.htm
Michael Suher: https://www.federalreserve.gov/econres/michael-suher.htm
No 2023-07-28-3, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
Guidance is used by bank regulators to communicate supervisory expectations to both examiners and banks. In March 2020, in response to pandemic shut-downs, financial regulators issued a joint statement encouraging small-dollar lending to meet temporary cash-flow imbalances, unexpected expenses, or income short-falls.
Date: 2023-07-28
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:96655
DOI: 10.17016/2380-7172.3329
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