Household Access to Mortgages in the UK |
| |
Authors: | Alper Kara Philip Molyneux |
| |
Institution: | 1.School of Business and Economics,Loughborough University,Loughborough,UK;2.Bangor Business School,Bangor University,Bangor,UK |
| |
Abstract: | 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. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|