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Center for Financial Research

Externally Published Research

Most Recently Externally Published Research
Transaction Costs, Mortgage Rate Heterogeneity, and the Failure to Refinance
By Leonard Kiefer, Hua Kiefer, and Tom Mayock
Real Estate Economics, Forthcoming
Shared Destinies? Small Banks and Small Business Consolidation
By Claire Brennecke, Stefan Jacewitz, and Jonathan Pogach
Review of Financial Studies, Forthcoming
Analysis of Upstream, Downstream & Common Firm Shocks Using a Large Factor-Augmented Vector Autoregressive Approach
By Everett Grant (Amazon) and Julieta Yung (Federal Deposit Insurance Corporation)
Journal of Applied Econometrics, Forthcoming
Deposit Inflows and Outflows in Failing Banks: The Role of Deposit Insurance (PDF) 
By Christopher Martin (Federal Deposit Insurance Corporation), Manju Puri (Duke University, Federal Deposit Insurance Corporation, National Bureau of Economic Research), and Alexander Ufier (Federal Deposit Insurance Corporation)
Journal of Finance, Forthcoming
Private Equity and Financial Stability: Evidence from Failed Bank Resolution in Crisis 
By Emily Johnston-Ross (Federal Deposit Insurance Corporation), Song Ma (Yale University), and Manju Puri (Duke University, Federal Deposit Insurance Corporation, and National Bureau of Economic Research) 
Journal of Finance, February 2025, Volume 80, Issue 1, pp. 163–210
The Effect of Job Loss on Bank Account Ownership 
By Ryan M. Goodstein (Federal Deposit Insurance Corporation) and Mark J. Kutzbach (Federal Deposit Insurance Corporation) 
Journal of Money, Credit & Banking, December 2024, Volume 56, Issue 8, pp. 1963-2000
Refinancing Inequality During the COVID-19 Pandemic 
By Sumit Agarwal (National University of Singapore), Souphala Chomisisengphet (Office of the Comptroller of the Currency), Hua Kiefer (Federal Deposit Insurance Corporation), Leonard C. Kiefer (Freddie Mac), and Paolina C. Medina (Texas A&M University) 
Journal of Financial and Quantitative Analysis, August 2024, Volume 59, Issue 5, 2133-2163
Financial Technology and Relationship Lending: Complements or Substitutes?
By Mark J. Kutzbach and Jonathan Pogach
Journal of Financial Intermediation, July 2024, Volume 59, 101101

Last Updated: May 15, 2025