1. Construct Bank-level DLR measure and other variables
File name: 1.DLR_Kim_Bank_DLR_Construct.sas
Description: The code constructs the bank-level DLR measure and other control variables using Call Reports and macroeconomic data.

2. Construct Distressed Sales variables
File name: 2.DLR_Kim_Distressed_Sales_Construct.sas
Description: The code constructs distressed sales data using DataQuick.

3. Construct ZIP-Code-level, Bank-ZIP-level, Bank-MSA-level, and Application-level data.
File name: 3.DLR_Kim_Main_Construct.sas
Description: The code constructs the main data sets, including ZIP-Code-level, Bank-ZIP-level, Bank-MSA-level, and Application-level data.
 
4. Construct Matched-Loan data
File name: 4.DLR_Kim_Matched_Loan_Construct.sas
Description: The code constructs the matched loan data using DataQuick and HMDA data.

5. Run main regressions
File name: 5.DLR_Kim_Analysis.do
Description: The code provides regressions for Tables 2 - 5.

*macro_winsor: macro file for winsorization used in the above sas codes.