TY - JOUR
T1 - Household Access to Mortgages in the UK
AU - Kara, Alper
AU - Molyneux, Philip
PY - 2017/12/1
Y1 - 2017/12/1
N2 - We employ the propensity score matching approach to investigate household access to mortgages in the UK using information on 29,732 households between 2003 and 2010. We find that, on average, the probability of obtaining a mortgage is similar for White and Non-White households. However, we find that Black households with low incomes are less likely to have mortgages compared to White households with similar characteristics. Asian households, in contrast, do not seem to have a lower probability of having a mortgage.
AB - We employ the propensity score matching approach to investigate household access to mortgages in the UK using information on 29,732 households between 2003 and 2010. We find that, on average, the probability of obtaining a mortgage is similar for White and Non-White households. However, we find that Black households with low incomes are less likely to have mortgages compared to White households with similar characteristics. Asian households, in contrast, do not seem to have a lower probability of having a mortgage.
KW - Mortgage
KW - Racial origin
KW - Propensity score matching
UR - https://www.scopus.com/inward/record.uri?eid=2-s2.0-84962798462&doi=10.1007%2fs10693-016-0246-1&partnerID=40&md5=83e7a157d55475d496b27af9be8b698b
U2 - 10.1007/s10693-016-0246-1
DO - 10.1007/s10693-016-0246-1
M3 - Article
VL - 52
SP - 253
EP - 275
JO - Journal of Financial Services Research
JF - Journal of Financial Services Research
SN - 0920-8550
IS - 3
ER -