Edison G. Yu

Federal Reserve Bank of Philadelphia

Senior Economist

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

  • Federal Reserve Bank of Philadelphia

SCHOLARLY PAPERS

15

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Top 21,896

in Total Papers Downloads

4,899

TOTAL CITATIONS
Rank 3,263

SSRN RANKINGS

Top 3,263

in Total Papers Citations

51

Scholarly Papers (15)

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1.

Concentration of Control Rights in Leveraged Loan Syndicates

Downloads 936 (53,175)
Citation 14

Concentration of Control Rights in Leveraged Loan Syndicates

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57 Posted: 01 May 2017 Last Revised: 27 Sep 2019
Mitchell Berlin, Greg Nini and Edison G. Yu
Federal Reserve Bank of Philadelphia - Research Department, Drexel University - Department of Finance and Federal Reserve Bank of Philadelphia
Downloads 705 (76,542)
Citation 5

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Covenant, Cov-Lite, Leveraged Loans, Monitoring, Control Rights, Institutional Loans

Concentration of Control Rights in Leveraged Loan Syndicates

FRB of Philadelphia Working Paper No. 17-22
Number of pages: 64 Posted: 07 Sep 2017 Last Revised: 07 Oct 2017
Mitchell Berlin, Greg Nini and Edison G. Yu
Federal Reserve Bank of Philadelphia - Research Department, Drexel University - Department of Finance and Federal Reserve Bank of Philadelphia
Downloads 116 (504,399)

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corporate loans, credit agreements, lines of credit

Concentration of Control Rights in Leveraged Loan Syndicates

FRB of Philadelphia Working Paper No. 19-41
Number of pages: 58 Posted: 27 Nov 2019
Mitchell Berlin, Greg Nini and Edison G. Yu
Federal Reserve Bank of Philadelphia - Research Department, Drexel University - Department of Finance and Federal Reserve Bank of Philadelphia
Downloads 115 (507,828)
Citation 9

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covenant, cov-lite, institutional loans, control rights, credit agreements

2.

Using High-Frequency Evaluations to Estimate Disparate Treatment: Evidence from Mortgage Loan Officers

Number of pages: 73 Posted: 02 Mar 2021 Last Revised: 05 Mar 2025
Marco Giacoletti, Rawley Heimer and Edison G. Yu
Marshall School of Business, Arizona State University (ASU) - W.P. Carey School of Business and Federal Reserve Bank of Philadelphia
Downloads 649 (86,459)
Citation 1

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Performance Incentives, Lending Discrimination, Loan Officers, Mortgages, Shadow Banking

3.

The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program

Downloads 609 (93,669)
Citation 15

The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program

Number of pages: 48 Posted: 14 Dec 2014 Last Revised: 16 Dec 2015
Nathan Foley-Fisher, Rodney Ramcharan and Edison G. Yu
Board of Governors of the Federal Reserve System, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 239 (266,866)
Citation 3

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monetary policy, asset prices, external finance

The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program

Number of pages: 49 Posted: 05 Aug 2015
Nathan Foley-Fisher, Rodney Ramcharan and Edison G. Yu
Board of Governors of the Federal Reserve System, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 136 (444,056)

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The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program

FEDS Working Paper No. 2016-025
Number of pages: 48 Posted: 04 Apr 2016
Nathan Foley-Fisher, Rodney Ramcharan and Edison G. Yu
Board of Governors of the Federal Reserve System, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 98 (571,887)
Citation 11

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unconventional monetary policy, firm‐financial constraints, bond markets

The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program

FRB of Philadelphia Working Paper No. 15-30, 28th Australasian Finance and Banking Conference
Number of pages: 49 Posted: 20 Aug 2015
Nathan Foley-Fisher, Rodney Ramcharan and Edison G. Yu
Board of Governors of the Federal Reserve System, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 86 (622,216)

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The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program

FRB of Philadelphia Working Paper No. 15-30
Number of pages: 50 Posted: 15 Aug 2015
Nathan Foley-Fisher, Rodney Ramcharan and Edison G. Yu
Board of Governors of the Federal Reserve System, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 50 (830,722)
Citation 1

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Quantitative Easing, Unconventional Monetary Policy, Preferred Habitat, Financial Constraints

4.

The Effects of Competition in Consumer Credit Markets

Downloads 499 (120,005)
Citation 3

The Effects of Competition in Consumer Credit Markets

Review of Financial Studies, Forthcoming
Number of pages: 57 Posted: 13 May 2018 Last Revised: 21 Jan 2020
Stefan Gissler, Rodney Ramcharan and Edison G. Yu
Board of Governors of the Federal Reserve System, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 416 (147,394)
Citation 1

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Credit Union, Banking Competition, Consumer Credit, Shadow Banks

The Effects of Competition in Consumer Credit Markets

FRB of Philadelphia Working Paper No. 18-24
Number of pages: 63 Posted: 16 Nov 2018 Last Revised: 29 Apr 2020
Stefan Gissler, Rodney Ramcharan and Edison G. Yu
Board of Governors of the Federal Reserve System, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 62 (747,771)
Citation 2

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credit policies, consumer credit

The Effects of Competition in Consumer Credit Market

NBER Working Paper No. w26183
Number of pages: 60 Posted: 27 Aug 2019 Last Revised: 17 Jul 2023
Stefan Gissler, Rodney Ramcharan and Edison G. Yu
Board of Governors of the Federal Reserve System, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 21 (1,128,573)

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5.

The FOMC Cycle and Consumer Decision Making: Evidence from the Residential Housing Market

USC Marshall School of Business Research Paper Sponsored by iORB, No. Forthcoming
Number of pages: 60 Posted: 07 May 2019 Last Revised: 19 Feb 2021
Marco Giacoletti, Rodney Ramcharan and Edison G. Yu
Marshall School of Business, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 379 (165,431)
Citation 1

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Monetary Policy, FOMC, Uncertainty, Housing Market, Mortgage Application

6.

Real Estate Taxes and Home Value: Evidence from TCJA

Downloads 374 (167,855)
Citation 8

Real Estate Taxes and Home Value: Evidence from TCJA

Number of pages: 50 Posted: 01 Apr 2020 Last Revised: 05 Nov 2020
Wenli Li and Edison G. Yu
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 256 (249,194)
Citation 8

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TCJA, Real EstateTax, Housing Market

Real Estate Taxes and Home Value: Winners and Losers of TCJA

FRB of Philadelphia Working Paper No. 20-12
Number of pages: 46 Posted: 29 Apr 2020
Wenli Li and Edison G. Yu
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 118 (497,664)

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real estate tax, home value, housing liquidity

7.

Funding Liquidity Creation by Banks

Downloads 354 (178,405)
Citation 3

Funding Liquidity Creation by Banks

Olin Business School Center for Finance & Accounting Research Paper No. 2022/08
Number of pages: 35 Posted: 11 May 2022 Last Revised: 18 Jun 2024
Anjan V. Thakor and Edison G. Yu
Washington University in St. Louis - John M. Olin Business School and Federal Reserve Bank of Philadelphia
Downloads 315 (200,573)
Citation 3

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Funding Liquidity Creation by Banks

Number of pages: 26 Posted: 16 May 2023
Anjan V. Thakor and Edison G. Yu
Washington University in St. Louis - John M. Olin Business School and Federal Reserve Bank of Philadelphia
Downloads 39 (925,202)

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Funding Liquidity, Bank Deposits, Liquidity Creation

8.

Household Credit and Local Economic Uncertainty

Downloads 324 (196,209)

Household Credit and Local Economic Uncertainty

Number of pages: 44 Posted: 27 Jun 2017
Marco Di Maggio, Amir Kermani, Rodney Ramcharan and Edison G. Yu
Imperial College Business School, University of California, Berkeley, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 213 (298,476)

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Household Credit and Local Economic Uncertainty

FRB of Philadelphia Working Paper No. 17-21
Number of pages: 45 Posted: 04 Aug 2017
Marco Di Maggio, Amir Kermani, Rodney Ramcharan and Edison G. Yu
Imperial College Business School, University of California, Berkeley, University of Southern California, Marshall School of Business and Federal Reserve Bank of Philadelphia
Downloads 111 (521,793)

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consumer credit, mortgages, credit cards, lending practices

9.

The Pass-Through of Uncertainty Shocks to Households

Downloads 235 (272,905)

The Pass-Through of Uncertainty Shocks to Households

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 49 Posted: 18 Sep 2020 Last Revised: 26 Feb 2022
Marco Di Maggio, Amir Kermani, Rodney Ramcharan, Vincent Yao and Edison G. Yu
Imperial College Business School, University of California, Berkeley, University of Southern California, Marshall School of Business, Georgia State University - J. Mack Robinson College of Business and Federal Reserve Bank of Philadelphia
Downloads 185 (340,907)

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Employment Risk, Consumption, Insurance

The Pass-Through of Uncertainty Shocks to Households

NBER Working Paper No. w27646
Number of pages: 25 Posted: 10 Aug 2020 Last Revised: 15 Jan 2023
Marco Di Maggio, Amir Kermani, Rodney Ramcharan, Vincent Yao and Edison G. Yu
Imperial College Business School, University of California, Berkeley, University of Southern California, Marshall School of Business, Georgia State University - J. Mack Robinson College of Business and Federal Reserve Bank of Philadelphia
Downloads 50 (830,722)

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10.

Single-Family REITs and Local Housing Markets

Number of pages: 65 Posted: 18 Jul 2024 Last Revised: 04 Feb 2025
Marco Giacoletti, Rawley Heimer, Wenli Li and Edison G. Yu
Marshall School of Business, Arizona State University (ASU) - W.P. Carey School of Business, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 172 (364,612)

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REITS, Institutional Investor, Housing Market

11.

Measuring Climate Transition Risk at the Regional Level with an Application to Community Banks

Downloads 136 (442,972)
Citation 3

Measuring Climate Transition Risk at the Regional Level with an Application to Community Banks

FRB of Philadelphia Working Paper No. 25-11
Number of pages: 60 Posted: 24 Mar 2025
Mitchell Berlin, Sung Je Byun, Pablo D'Erasmo and Edison G. Yu
Federal Reserve Bank of Philadelphia - Research Department, Federal Reserve Bank of Dallas - Banking Supervision, Federal Reserve Bank of Philadelphia - Research Department and Federal Reserve Bank of Philadelphia
Downloads 5 (1,330,883)

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Greenhouse Gas Emissions, Transition Risk, Carbon Taxes, Regional Transition Risks, Bank Exposure

Measuring Climate Transition Risk at the Regional Level with an Application to Community Banks

Number of pages: 59 Posted: 28 Dec 2022
Mitchell Berlin, Sung Je Byun, Pablo D'Erasmo and Edison G. Yu
Federal Reserve Bank of Philadelphia - Research Department, Federal Reserve Bank of Dallas - Banking Supervision, Federal Reserve Bank of Philadelphia - Research Department and Federal Reserve Bank of Philadelphia
Downloads 131 (457,957)
Citation 3

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Greenhouse Gas Emissions, Transition Risk, Carbon Taxes, Regional Transition Risks, Bank Exposure JEL Codes: R11, R15, Q21, Q51, Q54, C53

12.

Dynamic Market Participation and Endogenous Information Aggregation

Downloads 117 (498,094)
Citation 1

Dynamic Market Participation and Endogenous Information Aggregation

FRB of Philadelphia Working Paper No. 13-42
Number of pages: 46 Posted: 15 Nov 2013
Edison G. Yu
Federal Reserve Bank of Philadelphia
Downloads 71 (695,418)

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Financial markets

Dynamic Market Participation and Endogenous Information Aggregation

Number of pages: 42 Posted: 24 Jun 2017 Last Revised: 06 Feb 2018
Edison G. Yu
Federal Reserve Bank of Philadelphia
Downloads 46 (862,974)
Citation 1

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13.

Online Appendix: Concentration of Control Rights in Leveraged Loan Syndicates

Number of pages: 17 Posted: 07 Oct 2019
Mitchell Berlin, Greg Nini and Edison G. Yu
Federal Reserve Bank of Philadelphia - Research Department, Drexel University - Department of Finance and Federal Reserve Bank of Philadelphia
Downloads 80 (640,879)
Citation 1

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14.

Online Appendix: Dynamic Market Participation and Endogenous Information Aggregation

Number of pages: 6 Posted: 20 Feb 2018
Edison G. Yu
Federal Reserve Bank of Philadelphia
Downloads 35 (939,283)
Citation 1

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15.

Using High-Frequency Evaluations to Estimate Discrimination: Evidence from Mortgage Loan Officers

FRB of Philadelphia Working Paper No. 21-04
Posted: 14 May 2021
Marco Giacoletti, Rawley Heimer and Edison G. Yu
Marshall School of Business, Arizona State University (ASU) - W.P. Carey School of Business and Federal Reserve Bank of Philadelphia

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