Faculty News

Prof. Johannes Stroebel's research on the impact of the 2009 Credit CARD Act was featured

Excerpt from CreditCards.com -- "The Credit CARD Act of 2009 succeeded in cutting fees for cardholders to the tune of about $20 billion per year -- without boosting interest rates or drying up the availability of credit, according to a new study based on 150 million accounts. 'We find that regulations to limit fees were highly effective,' said the authors of the working paper posted online Sept. 26 by the National Bureau of Economic Research."

Read more

Additional coverage appeared on BuzzFeed and Fox Business.