Working Papers & Projects

NBER Working Paper

Modernizing Access to Credit for Younger Entrepreneurs: From FICO to Cash Flow

with Sabrina Howell, Mark Johnson, and Siena Matsumoto

Cash-flow data used in small business underwriting improves credit access for young entrepreneurs.

Draft coming soon

Econometric Decomposition of Natural Disaster Property Losses

with Charles Nathanson

Natural disaster property losses are decomposed to analyze the relative contributions of prices, location, quality, and catastrophe risk.

Available upon request

The Local Effects of Spatially Targeted Public Policies: Evidence from California School Finance Reform

Christopher M. Hair

California’s school finance reform (LCFF) increased house prices but not rents in areas with funding increases.