On This Page
A journal of in-depth articles reporting on the Bank's economic research.
Last Updated: 09/09/16

Economic Perspectives

Small Business Lending After the Financial Crisis: A New Competitive Landscape for Community Banks

Julapa Jagtiani and Cathy Lemieux

Community banks face growing competition, but also opportunities to partner with alternative lenders using technology to find borrowers and underwrite loans.

How Did the Great Recession Affect Payday Loans?

Sumit AgarwalTal Gross and Bhashkar Mazumder

This article answers two important questions: Did payday borrowing rise during the Great Recession? And did the use of payday loans expand beyond low-income borrowers to include more middle-income borrowers?