{"id":16,"date":"2017-06-05T19:33:41","date_gmt":"2017-06-05T19:33:41","guid":{"rendered":"http:\/\/mitmgmtfaculty.mit.edu\/cpalmer\/research-publications\/"},"modified":"2017-07-26T19:57:58","modified_gmt":"2017-07-26T19:57:58","slug":"research","status":"publish","type":"page","link":"https:\/\/mitmgmtfaculty.mit.edu\/cpalmer\/research\/","title":{"rendered":"Research"},"content":{"rendered":"<div id=\"pl-16\"  class=\"panel-layout\" ><div id=\"pg-16-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-16-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-16-0-0-0\" class=\"so-panel widget widget_mit_faculty_research_publications panel-first-child panel-last-child\" data-index=\"0\" ><h3 class=\"widget-title\">Research and Publications<\/h3>\t\t\t<ul class=\"nav nav-tabs nav-tabs--publications\">\n\t\t\t\t<li class=\"publication-type-select\">\n\t\t\t\t\t<span class=\"nav-tab--selected\">Articles<\/span>\n\t\t\t\t\t<i class='fa fa-angle-down'><\/i>\n\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<li class=\"nav-item nav-tab active\">\n\t\t\t\t\t\t<a href=\"#articles\" class=\"active\" data-toggle=\"tab\">\n\t\t\t\t\t\t\t<div class=\"nav-dropdown-spacer\">Articles<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<li class=\"nav-item nav-tab\">\n\t\t\t\t\t\t<a href=\"#working-papers\" class=\"\" data-toggle=\"tab\">\n\t\t\t\t\t\t\t<div class=\"nav-dropdown-spacer\">Working Papers<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\n\t\t\t<div class=\"tab-content\">\n\t\t\t\t\t\t\t\t\t<ul class=\"tab-pane active\" id=\"articles\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4>\"An IV Hazard Model of Loan Default with an Application to Subprime Mortgage Cohorts.\"<\/h4> Palmer, Christopher J. <i>The Journal of Finance<\/i>. Forthcoming. <a target=\"_blank\" href=https:\/\/github.com\/palmercj\/ivhazard>Code<\/a>. <a target=\"_blank\" href=https:\/\/web.mit.edu\/cjpalmer\/www\/Palmer-IVHazard.pdf>Download Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4>\"The Last Mile of Monetary Policy: Inattention, Reminders, and the Refinancing Channel.\"<\/h4> Byrne, Shane, Kenneth Devine, Michael King,Yvonne McCarthy, and Christopher J. Palmer. <i>Journal of Finance<\/i>. Forthcoming. <a target=\"_blank\" href=https:\/\/web.mit.edu\/cjpalmer\/www\/BDKMP-LastMile.pdf>Download Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/doi.org\/10.1016\/j.jfineco.2025.104172\">\"Implicit Extrapolation and the Beliefs Channel of Investment Demand.\"<\/a><\/h4> Liu, Haoyang and Christopher J. Palmer. <i>Journal of Financial Economics<\/i> Vol. 175, (2026): 104172. <a target=\"_blank\" href=\"https:\/\/data.mendeley.com\/datasets\/w7bgjcxbxb\">Data and Code<\/a>. <a target=\"_blank\" href=\"https:\/\/web.mit.edu\/cjpalmer\/www\/LP-Beliefs-Channel-appendix.pdf\">Internet Appendix<\/a>. <a target=\"_blank\" href=\"https:\/\/web.mit.edu\/cjpalmer\/www\/LP-Beliefs-Channel.pdf\">Download Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/opportunityinsights.org\/wp-content\/uploads\/2019\/08\/cmto_paper.pdf\">\"Creating Moves to Opportunity: Experimental Evidence on Barriers to Neighborhood Choice.\"<\/a><\/h4> Bergman, Peter, Raj Chetty, Stefanie DeLuca, Nathaniel Hendren, Lawrence F. Katz, and Christopher J. Palmer. <i>American Economic Review<\/i> Vol. 114, No. 5 (2024): 1281-1337. <a target=\"_blank\" href=\"https:\/\/www.vox.com\/future-perfect\/2019\/8\/4\/20726427\/raj-chetty-segregation-moving-opportunity-seattle-experiment\">Vox<\/a>. <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-08-04\/a-cheap-powerful-tool-to-beat-housing-segregation\">City Lab<\/a>. <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2019\/08\/03\/opinion\/sunday\/poverty-seattle.html\">NY Times<\/a>. <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=FG_ZE8DAYQQ\">Econimatevideo<\/a>. <a target=\"_blank\" href=\"https:\/\/thehill.com\/opinion\/finance\/456969-federal-housing-choice-voucher-program-must-be-modernized\/?rnd=1565467659\">The Hill Op Ed<\/a>. <a target=\"_blank\" href=\"https:\/\/www.socialscienceregistry.org\/trials\/2807\">AEA RCT Registry<\/a>. <a target=\"_blank\" href=\"https:\/\/opportunityinsights.org\/wp-content\/uploads\/2019\/08\/cmto_slides.pdf\">Slides<\/a>. <a target=\"_blank\" href=\"https:\/\/opportunityinsights.org\/wp-content\/uploads\/2019\/08\/cmto_summary.pdf\">Non-technical Summary<\/a>. <a target=\"_blank\" href=\"https:\/\/www.npr.org\/2019\/08\/05\/747610085\/in-seattle-a-move-across-town-could-be-a-path-out-of-poverty\">NPR<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/ANP-Search.pdf\">\"Real Effects of Search Frictions in Consumer Credit Markets.\"<\/a><\/h4> Argyle, Bronson, Christopher J. Palmer, and Taylor Nadauld. <i>The Review of Financial Studies<\/i> Vol. 36, No. 7 (2023): 2685-2720. <a target=\"_blank\" href=\"https:\/\/doi.org\/10.1093\/rfs\/hhac088\">Link to Journal<\/a>. <a target=\"_blank\" href=\"https:\/\/theconversation.com\/youre-probably-paying-more-for-your-car-loan-or-mortgage-than-you-should-90993\">The Conversation<\/a>. <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=SiFiizKqY4w\">Econimate Video<\/a>. <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/the-costs-of-getting-just-one-rate-quote-1522414800\">WSJ<\/a>. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/ANP-Search-slides.pdf\">Slides<\/a>. <a target=\"_blank\" href=\"https:\/\/dataverse.harvard.edu\/dataset.xhtml?persistentId=doi:10.7910\/DVN\/BXPACV\">Data and Code<\/a>. <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=apVC0qwaftc\">NYU PhD Video<\/a>. <a target=\"_blank\" href=\"https:\/\/www.marketwatch.com\/story\/people-are-making-a-major-mistake-when-choosing-auto-loans-2017-10-24\">MarketWatch<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/AHPZ-Savings.pdf\">\"Testing the Effectiveness of Consumer Financial Disclosure: Experimental Evidence from Savings Accounts.\"<\/a><\/h4> Palmer, Christopher J., Paul Adams, Redis Zaliauskas, and Stefan Hunt. <i>Journal of Financial Economics<\/i> Vol. 141, No. 1 (2021): 122-147. <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/why-interest-rates-are-rising-everywhereexcept-your-savings-account-11664737431\">WSJ<\/a>. <a target=\"_blank\" href=\"https:\/\/www.povertyactionlab.org\/evaluation\/effectiveness-financial-disclosure-united-kingdom\">J-PAL Summary<\/a>. <a target=\"_blank\" href=\"https:\/\/www.economist.com\/finance-and-economics\/2019\/07\/27\/many-consumers-neither-read-nor-understand-the-contracts-they-sign\">The Economist<\/a>. <a target=\"_blank\" href=\"https:\/\/www.marketwatch.com\/story\/heres-why-most-of-us-tune-out-when-companies-try-to-get-our-attention-2019-07-01\">MarketWatch<\/a>. <a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/AHPZ-Savings-code.zip\">Code<\/a>. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/AHPZ-Savings-slides.pdf\">Slides<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/HLLP-QR-EIV.pdf\">\"Errors in the Dependent Variable of Quantile Regression Models.\"<\/a><\/h4> Palmer, Christopher J., Jerry Hausman, Haoyang Liu, and Ye Luo. <i>Econometrica<\/i> Vol. 89, No. 2 (2021): 849\u2013873. <a target=\"_blank\" href=\"https:\/\/web.mit.edu\/cjpalmer\/www\/HLLP-QR-EIV-OnlineAppendix.pdf\">Appendix<\/a>. <a target=\"_blank\" href=\"https:\/\/github.com\/palmercj\/EIV-QR\">Data and Code<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/ANPP.pdf\">\"The Capitalization of Consumer Financing into Durable Goods Prices.\"<\/a><\/h4> Argyle, Bronson, Taylor Nadauld, Christopher J. Palmer, and Ryan Pratt. <i>Journal of Finance<\/i> Vol. 76, No. 1 (2021): 169-210. <a target=\"_blank\" href=\"http:\/\/sfs.org\/cavalcade-best-paper-in-corporate-finance\/\">SFS Cavalcade 2019 Best Paper in Corporate Finance<\/a>. <a target=\"_blank\" href=\"https:\/\/www.nber.org\/digest\/sep18\/sep18.pdf\">NBER Digest<\/a>. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/ANPP-Capitalization-slides.pdf\">Slides<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/ANP-MPT.pdf\">\"Monthly Payment Targeting and the Demand for Maturity.\"<\/a><\/h4> Argyle, Bronson, Christopher J. Palmer, and Taylor Nadauld. <i>Review of Financial Studies<\/i> Vol. 33, No. 11 (2020): 5416\u20135462. <a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/ANP-MPT-Code-and-Data.zip\">Data and Code<\/a>. <a target=\"_blank\" href=\"http:\/\/news.mit.edu\/2020\/loan-payments-round-numbers-palmer-0220\">MIT News<\/a>. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/ANP-MPT-slides.pdf\">Slides<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/academic.oup.com\/restud\/article\/87\/3\/1498\/5673397?guestAccessKey=382a6369-e7b7-4f89-b5ce-9c8e4e4bcc3e\">\"How Quantitative Easing Works: Evidence on the Refinancing Channel.\"<\/a><\/h4> Di Maggio, Marco, Amir Kermani, and Christopher J. Palmer. <i>Review of Economic Studies<\/i> Vol. 87, No. 3 (2020): 1498-1528. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/DKP-QE.pdf\">Pre-publication Version<\/a>. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/DKP-QE-OnlineAppendix.pdf\">Appendix<\/a>. <a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/DKP-QE-Code-and-Data.zip\">Data and Code<\/a>. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/DKP-QE-slides.pdf\">Slides<\/a>. <a target=\"_blank\" href=\"https:\/\/voxeu.org\/article\/how-quantitative-easing-works\">VoxEU<\/a>. <a target=\"_blank\" href=\"https:\/\/www.forbes.com\/sites\/hbsworkingknowledge\/2016\/10\/31\/quantitative-easing-did-not-ease-the-housing-crisis-for-the-neediest-households\/#577357d64c9d\">Forbes<\/a>. <a target=\"_blank\" href=\"https:\/\/www.nber.org\/digest\/dec16\/w22638.html\">NBER Digest<\/a>. <a target=\"_blank\" href=\"http:\/\/news.mit.edu\/2020\/helping-consumers-crisis-0625\">MIT News<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/APP-crime.pdf\">\"Ending Rent Control Reduced Crime in Cambridge.\"<\/a><\/h4> Autor, David H., Christopher J. Palmer, and Parag A. Pathak. <i>AEA Papers and Proceedings<\/i> Vol. 109, (2019): 381-384. <a target=\"_blank\" href=\"https:\/\/www.nber.org\/papers\/w23914\">NBER version Gentrification and the Amenity Value of Crime Reductions: Evidence from Rent Deregulation<\/a>. <a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/APP-crime-slides.pdf\">Slides<\/a>. <a target=\"_blank\" href=\"https:\/\/www.dropbox.com\/sh\/8la4ixpaay1600d\/AAAtTwKzn1NRPqU6sY2TDHsYa?dl=1\">Data and Code<\/a>. <a target=\"_blank\" href=\"https:\/\/www.economist.com\/united-states\/2018\/06\/21\/in-praise-of-gentrification\">The Economist<\/a>. <a target=\"_blank\" href=\"https:\/\/www.wbur.org\/onpoint\/2018\/07\/13\/gentrification\">NPR<\/a>. <a target=\"_blank\" href=\"https:\/\/voxeu.org\/article\/does-gentrification-reduce-crime\">VoxEU<\/a>. <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/audio\/2019-10-22\/baystate-business-biotech-breakthroughs-radio\">Bloomberg<\/a>. <a target=\"_blank\" href=\"https:\/\/mitsloan.mit.edu\/ideas-made-to-matter\/new-study-gentrification-triggered-16-percent-drop-city-crime\">MIT News<\/a>. <a target=\"_blank\" href=\"https:\/\/www.aeaweb.org\/research\/rent-control-crime-gentrification-cambridge\">AEA<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/HHP-2kiv.pdf\">\"Finite Sample Bias Corrected IV Estimation for Weak and Many Instruments.\"<\/a><\/h4> Harding, Matthew, Jerry Hausman, and Christopher J. Palmer. <i>Advances in Econometrics: Essays in Honor of Aman Ullah<\/i> Vol. 36, (2016): 245-273.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/CLP-Grouped-IVQR.pdf\">\"IV Quantile Regression for Group-Level Treatments, with an Application to the Distributional Effects of Trade.\"<\/a><\/h4> Chetverikov, Denis, Bradley Larsen, and Christopher J. Palmer. <i>Econometrica<\/i> Vol. 84, No. 2 (2016): 809-833. <a target=\"_blank\" href=\"https:\/\/mitsloan.mit.edu\/shared\/ods\/documents\/?PublicationDocumentID=6163\">Appendix<\/a>. <a target=\"_blank\" href=\"https:\/\/www.dropbox.com\/s\/78xl8uvf8uget15\/Palmer_JN_2016_IV_QuantileRegression_DATA.zip?dl=0\">Data and Code<\/a>. <a target=\"_blank\" href=\"https:\/\/www.dropbox.com\/s\/mlk9niy6g2e8q7g\/Palmer_JN_2016_IV_QuantileRegression_Slides.pdf?dl=0\">Slides<\/a>. <a target=\"_blank\" href=\"https:\/\/siepr.stanford.edu\/research\/publications\/low-wage-earners-hit-hardest-trade-china\">Policy Brief<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/mitsloan.mit.edu\/shared\/ods\/documents\/?PublicationDocumentID=6220\">\"Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge, Massachusetts.\"<\/a><\/h4> Autor, David H., Christopher J. Palmer, and Parag A. Pathak. <i>Journal of Political Economy<\/i> Vol. 122, No. 3 (2014): 661-717. <a target=\"_blank\" href=\"https:\/\/www.dropbox.com\/s\/l1ys6paztm11gnp\/Palmer_JN_2014_HousingMarketSpillovers_Appx.pdf?dl=1\">Appendix<\/a>. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/APP-RC-JPE-slides.pdf\">Slides<\/a>. <a target=\"_blank\" href=\"https:\/\/www.dropbox.com\/s\/zaikhuw88crx5c2\/Palmer_JN_2014_HousingMarketSpillovers_DATA.zip?dl=1\">Data<\/a>. <a target=\"_blank\" href=\"https:\/\/www.nber.org\/digest\/oct12\/w18125.html\">NBER Digest<\/a>. <a target=\"_blank\" href=\"https:\/\/www2.bostonglobe.com\/business\/2019\/04\/29\/rent-control-gets-look-cambridge\/GOdqzEUVdP8AMQPjGLk5XN\/story.html\">The Boston Globe<\/a>. <a target=\"_blank\" href=\"https:\/\/freakonomics.com\/podcast\/rent-control\/\">Freakonomics Podcast<\/a>. <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2018\/10\/12\/business\/economy\/rent-control-explained.html\">The New York Times<\/a>. <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/bf3cc994-016d-4a97-841a-f58d82c626db \">FT<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.econlet.2012.02.007\">\"Heteroskedasticity-Robust Inference in Finite Samples.\"<\/a><\/h4> Hausman, Jerry, and Christopher J. Palmer. <i>Economics Letters<\/i> Vol. 116, No. 2 (2012): 232-235. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/HP-Robust.pdf\">Prepublication Manuscript<\/a>. <a target=\"_blank\" href=\"http:\/\/mit.edu\/cjpalmer\/www\/sob.zip\">Stata code and help file<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<\/ul><!-- @end .tab-pane -->\n\t\t\t\t\t\t\t\t\t<ul class=\"tab-pane \" id=\"working-papers\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/www.nber.org\/papers\/w34742\">\"The Dynamics of Retail Deposit Balances.\"<\/a><\/h4> Argyle, Bronson, Benjamin Iverson, Jason D. Kotter, Taylor D. Nadauld, and Christopher J. Palmer (NBER Working Paper #34742), Working Paper. January 2026. <a target=\"_blank\" href=\"https:\/\/web.mit.edu\/cjpalmer\/www\/AIKNP-Retail-Deposits.pdf\">Download Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/web.mit.edu\/cjpalmer\/www\/CP-Financing-Retirement.pdf\">\"The Effect of Increasing Retirement Saving on Consumption, Balance Sheets, and Welfare.\"<\/a><\/h4> Choukhmane, Taha and Christopher J. Palmer, Working Paper. September 2025.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/AIIP-Bankruptcy-Bias.pdf\">\"Racial Disparities and Bias in Consumer Bankruptcy.\"<\/a><\/h4> Argyle, Bronson, Sasha Indarte, Benjamin Iverson, and Christopher J. Palmer, Working Paper. July 2025. <a target=\"_blank\" href=\"https:\/\/web.mit.edu\/cjpalmer\/www\/AIIP-Race-Imputation-Code-Readme.pdf\">Race Imputation Code Readme<\/a>. <a target=\"_blank\" href=\"https:\/\/mit.edu\/cjpalmer\/www\/AIIP-Race-Imputation-Code.zip\">Race Imputation Code<\/a>. <a target=\"_blank\" href=\"https:\/\/sashaindarte.github.io\/research\/AIIP_bk_bias_slides_public.pdf\">Slides<\/a>. <a target=\"_blank\" href=\"https:\/\/knowledge.wharton.upenn.edu\/podcast\/knowledge-at-wharton-podcast\/how-bankruptcy-bias-contributes-to-the-racial-wealth-gap\/\">Knowledge at Wharton<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/AINP-Shadow-Debt.pdf\">\"Personal Bankruptcy and the Accumulation of Shadow Debt.\"<\/a><\/h4> Argyle, Bronson, Benjamin Iverson, Taylor Nadauld, and Christopher J. Palmer (NBER Working Paper #28901), Working Paper. 2021. <a target=\"_blank\" href=\"http:\/\/web.mit.edu\/cjpalmer\/www\/AINP-Shadow-Debt-slides.pdf\">Slides<\/a>. <a target=\"_blank\" href=\"https:\/\/www.marketwatch.com\/story\/bankruptcy-filings-fell-in-2021-but-will-post-covid-shadow-debt-spell-trouble-for-americans-11623781507\">MarketWatch<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<\/ul><!-- @end .tab-pane -->\n\t\t\t\t\t\t\t<\/div><!-- @end .tab-content -->\n\n\t\t<\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Research and Publications Articles Articles Working Papers &#8220;An IV Hazard Model of Loan Default with an Application to Subprime Mortgage Cohorts.&#8221; Palmer, Christopher J. The Journal of Finance. Forthcoming. Code. Download Preprint. &#8220;The Last Mile of Monetary Policy: Inattention, Reminders, and the Refinancing Channel.&#8221; Byrne, Shane, Kenneth Devine, Michael King,Yvonne McCarthy, and Christopher J. Palmer. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-two-column.php","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-16","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v25.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MIT Sloan Faculty: Christopher J. Palmer | Research<\/title>\n<meta name=\"description\" content=\"Christopher J. 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