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Keywords:risk score 

Working Paper
IDENTITY THEFT AS A TEACHABLE MOMENT

SUPERCEDES 14-28. This paper examines how a negative shock to the security of personal finances due to severe identity theft changes consumer credit behavior. Using a unique data set of linked consumer credit data and alerts indicating identity theft, we show that the immediate effects of fraud on consumers are typically negative, small, and transitory. After those immediate effects fade, identity theft victims experience persistent, positive changes in credit characteristics, including improved risk scores (indicating lower default risk). We argue that these changes are consistent with ...
Working Papers , Paper 16-27

Working Paper
Financial Consequences of Identity Theft: Evidence from Consumer Credit Bureau Records

This paper examines how a negative shock to the security of personal finances due to severe identity theft changes consumer credit behavior. Using a unique data set of consumer credit records and alerts indicating identity theft and the exogenous timing of victimization, we show that the immediate effects of fraud on credit files are typically negative, small, and transitory. After those immediate effects fade, identity theft victims experience persistent, positive changes in credit characteristics, including improved Risk Scores. Consumers also exhibit caution with credit by having fewer ...
Working Papers , Paper 19-2

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Blascak, Nathan 2 items

Cheney, Julia S. 2 items

Hunt, Robert M. 2 items

Mikhed, Vyacheslav 2 items

Ritter, Dubravka 2 items

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