Matches in SemOpenAlex for { <https://semopenalex.org/work/W2197788783> ?p ?o ?g. }
Showing items 1 to 90 of
90
with 100 items per page.
- W2197788783 abstract "This paper examines evidence of lending discrimination in prime and subprime mortgage markets in New Jersey. Existing single-equation studies of race-based discrimination in mortgage lending assume race is uncorrelated with the disturbance term in the loan denial regression. At the individual loan-level, we show that race is correlated with both observable and unobservable risk variables, leading to biased coefficient estimates. To mitigate this problem, we specify a system of equations and use a full information maximum likelihood (FIML) method that does not need to identify instrumental variables for system identification. We find that minorities are less likely to be rejected than whites in the subprime market. The individual loan-level FIML results are robust to using two-stage least squares when we examine discrimination at the neighborhood-level. We also find that the reduction in rejection rates to minority neighborhoods from 1996 to 2008 cannot be fully justified by risk, suggesting a relaxation of lending standards to minority neighborhoods. Using the methodology of Mian and Sufi [2009], we also find evidence for strong credit supply effects." @default.
- W2197788783 created "2016-06-24" @default.
- W2197788783 creator A5065591914 @default.
- W2197788783 creator A5068814592 @default.
- W2197788783 creator A5071948148 @default.
- W2197788783 date "2011-01-01" @default.
- W2197788783 modified "2023-09-24" @default.
- W2197788783 title "Analysis of Discrimination in Prime and Subprime Mortgage Markets" @default.
- W2197788783 cites W195054157 @default.
- W2197788783 cites W1970035215 @default.
- W2197788783 cites W1972048474 @default.
- W2197788783 cites W1980412904 @default.
- W2197788783 cites W1985300791 @default.
- W2197788783 cites W2060935257 @default.
- W2197788783 cites W2090142198 @default.
- W2197788783 cites W2107742233 @default.
- W2197788783 cites W2143714670 @default.
- W2197788783 cites W2148364377 @default.
- W2197788783 cites W2165144879 @default.
- W2197788783 cites W2907534373 @default.
- W2197788783 cites W3121232354 @default.
- W2197788783 cites W3122330721 @default.
- W2197788783 cites W3123223998 @default.
- W2197788783 cites W3126113144 @default.
- W2197788783 cites W4211239526 @default.
- W2197788783 cites W4233490057 @default.
- W2197788783 cites W4247056769 @default.
- W2197788783 doi "https://doi.org/10.2139/ssrn.1975789" @default.
- W2197788783 hasPublicationYear "2011" @default.
- W2197788783 type Work @default.
- W2197788783 sameAs 2197788783 @default.
- W2197788783 citedByCount "8" @default.
- W2197788783 countsByYear W21977887832013 @default.
- W2197788783 countsByYear W21977887832016 @default.
- W2197788783 countsByYear W21977887832021 @default.
- W2197788783 countsByYear W21977887832022 @default.
- W2197788783 countsByYear W21977887832023 @default.
- W2197788783 crossrefType "journal-article" @default.
- W2197788783 hasAuthorship W2197788783A5065591914 @default.
- W2197788783 hasAuthorship W2197788783A5068814592 @default.
- W2197788783 hasAuthorship W2197788783A5071948148 @default.
- W2197788783 hasConcept C10138342 @default.
- W2197788783 hasConcept C104353511 @default.
- W2197788783 hasConcept C114614502 @default.
- W2197788783 hasConcept C138893092 @default.
- W2197788783 hasConcept C144133560 @default.
- W2197788783 hasConcept C152876461 @default.
- W2197788783 hasConcept C179691888 @default.
- W2197788783 hasConcept C184992742 @default.
- W2197788783 hasConcept C22738907 @default.
- W2197788783 hasConcept C2777764128 @default.
- W2197788783 hasConcept C2992893599 @default.
- W2197788783 hasConcept C33923547 @default.
- W2197788783 hasConcept C43039823 @default.
- W2197788783 hasConcept C68799949 @default.
- W2197788783 hasConcept C73283319 @default.
- W2197788783 hasConcept C97330809 @default.
- W2197788783 hasConceptScore W2197788783C10138342 @default.
- W2197788783 hasConceptScore W2197788783C104353511 @default.
- W2197788783 hasConceptScore W2197788783C114614502 @default.
- W2197788783 hasConceptScore W2197788783C138893092 @default.
- W2197788783 hasConceptScore W2197788783C144133560 @default.
- W2197788783 hasConceptScore W2197788783C152876461 @default.
- W2197788783 hasConceptScore W2197788783C179691888 @default.
- W2197788783 hasConceptScore W2197788783C184992742 @default.
- W2197788783 hasConceptScore W2197788783C22738907 @default.
- W2197788783 hasConceptScore W2197788783C2777764128 @default.
- W2197788783 hasConceptScore W2197788783C2992893599 @default.
- W2197788783 hasConceptScore W2197788783C33923547 @default.
- W2197788783 hasConceptScore W2197788783C43039823 @default.
- W2197788783 hasConceptScore W2197788783C68799949 @default.
- W2197788783 hasConceptScore W2197788783C73283319 @default.
- W2197788783 hasConceptScore W2197788783C97330809 @default.
- W2197788783 hasLocation W21977887831 @default.
- W2197788783 hasOpenAccess W2197788783 @default.
- W2197788783 hasPrimaryLocation W21977887831 @default.
- W2197788783 hasRelatedWork W1546893796 @default.
- W2197788783 hasRelatedWork W1983163105 @default.
- W2197788783 hasRelatedWork W2282957406 @default.
- W2197788783 hasRelatedWork W2364780941 @default.
- W2197788783 hasRelatedWork W2381202525 @default.
- W2197788783 hasRelatedWork W2385397853 @default.
- W2197788783 hasRelatedWork W2394382087 @default.
- W2197788783 hasRelatedWork W2513926026 @default.
- W2197788783 hasRelatedWork W2901584124 @default.
- W2197788783 hasRelatedWork W3123212185 @default.
- W2197788783 isParatext "false" @default.
- W2197788783 isRetracted "false" @default.
- W2197788783 magId "2197788783" @default.
- W2197788783 workType "article" @default.