2022 Top Papers: Two Video/Poster Research Presentations

Due to the significant number of academic submissions to the 2022 conference, and the condensed nature of the hybrid conference format, the presentations of two of 2022's top papers were selected by the research committee to be recorded for video presentation online, as well as to be presented as poster sessions on site. 

More information about all 11 papers and their authors, can be found in the 2022 Conference Volume.

The two papers, with their presenters (along with brief summaries and a link to their respective videos and poster PDFs) are:

The Age Gap in Mortgage Access |Natee Amornsiripanitch, Federal Reserve Bank of Philadelphia

Poster | Video

The author examines the relationship between age and mortgage application outcomes, finding that older borrowers face higher rejection probabilities than younger borrowers, and that this age effect appears even between individuals whose ages differ by just one year. Mortality-related default risk is a key factor in this result, and the age effect is larger for subgroups with higher mortality risks, such as older individuals, men and individuals who live in low-life-expectancy countries; these results hold when age and the interest rate spread are compared. The author concludes that older individuals systematically face higher barriers to credit access because mortality risk is priced in credit markets.

The Procyclicality of FDIC Deposit Insurance Premiums | Jennifer Rhee, FDIC
(Rhee co-authored the paper with Ryan Hess, Stanford University)

Poster | Video

The authors assess the procyclical effects of FDIC insurance premiums using changes in premium rate schedules that regulators set during the financial crisis. They are able to examine the effect of changes in deposit insurance premiums that are plausibly exogenous to the performance of an individual bank through use of
internal FDIC data that allow them to remove the effect driven by endogenous factors. They document empirically a procyclical effect of deposit insurance premiums on bank lending during the financial crisis and show that community banks are disproportionately affected by this mechanism.

The presentations of the authors who presented their papers on site at the conference will be recorded and will be posted shortly to the conference website.