Our seminarspeaker, Ross Levine, informed us that he is unable to travel and thus cancelshis trip to Europe and the visit to the NBB (scheduled for October 19). For thesame personal reasons, he is also not in the possibility to hold the seminaronline on the scheduled day.

He agreed,however, to an ONLINE seminar on Thursday December14, 2023 at 4.30pm CET.

It can be followed byclicking on the MSTeams link in the attached .ics calendar invitation (which you can add to your calendar).

The topicwill remain the same: “Credit market conditions and mental health”

“Research offersconflicting predictions about the impact of credit conditions on mental health.We first assess howbank regulatory reforms that improved credit conditions, e.g., by enhancing theefficiency of credit allocation and lowering lending rates, impacted mentalhealth. We discover that among low-income individuals, these regulatory reformsreduced mental depression, boosted labor market outcomes, eased access tomortgage debt, and reduced the ranks of the “unbanked.” We also find thatmergers of large regional banks that led to branch closures and tighter creditconstraints in affected counties harmed the mental health of lower-incomeindividuals in treated counties.”

(joint work with  QingHu, Chen Lin, and Mingzhu Tai)