This paper compares outcomes for borrowers who received face-to-face credit counseling with similarly situated consumers who opted for counseling via the telephone or Internet. Counseling outcomes are measured using consumer credit report attributes one or more years following the original...

Essay 1 provides an analytical model for risk segmentation in the perfectly competitive consumer loan market by incorporating the fact that a parental durable good seller with market power to some degree in its product market can earn rents. In this context, there is a gain to granting credit...

This thesis includes two essays analyzing two separate topics. The first essay investigates the role of asymmetric information in explaining one of the major puzzles in International Finance. The second essay investigates what kind of performance information that the financial institutions use...

This thesis includes two essays. Essay 1 concentrates on the use of conditional asset pricing models to speculate on the nature of the value premium. Previous findings seem to be strictly dependent upon the state variables used to define the "good" and "bad" states of the world. I investigate...