Results 211 to 220 of about 155,783 (311)

Unequal and Unstable: Income Inequality and Bank Risk

Journal of Money, Credit and Banking, EarlyView.
Abstract We present a model in which income inequality interacts with banks' risk‐taking incentives, generating financial instability. Competition and deposit insurance cause some banks to lend to lower‐income borrowers at underpriced rates, creating “risky banks” that fail in downturns, while others lend to higher‐income borrowers and avoid default ...
YULIYAN MITKOV, ULRICH SCHÜWER
wiley   +1 more source

AICO: Feature significance tests for supervised learning. [PDF]

Proc Natl Acad Sci U S A
Giesecke K, Horel E, Jirachotkulthorn C.
europepmc   +1 more source

Quantitative Tightening Around the Globe: What Have We Learned?

Journal of Money, Credit and Banking, EarlyView.
Abstract We use recent cross‐country experiences to assess the impact of shrinking central bank balance sheets through quantitative tightening (QT). QT announcements increase government bond yields, steepening the yield curve and potentially signaling a greater commitment to raising policy interest rates, but have more limited effects on most other ...
WENXIN DU, KRISTIN FORBES, MATTHEW LUZZETTI   +2 more
wiley   +1 more source

Mortgage discrimination at the intersection of race and sexual orientation and its association with HIV incidence among sexual minority men in the U.S. [PDF]

Ann Epidemiol
Moon KJ, Weir BW, Sakakibara K, Carson LM, Reed MO, Dutta S, Alohan DI, Bullock M, Newman A, Opara SCO, Doraivelu K, Hussen SA, Linton SL.   +12 more
europepmc   +1 more source

Does financial knowledge affect borrower discouragement among various social categories? Evidence from the United States

Journal of Consumer Affairs, EarlyView.
Abstract A deficiency in financial knowledge often precipitates costly financial choices, affecting consumers' behavior and decision‐making. We delve into how financial acumen influences borrower discouragement by utilizing data from the U.S. Federal Reserve's Survey of Household Economics and Decision‐Making (2017–2022). Discouraged borrower describes
Anoosheh Rostamkalaei, Allan Riding, George Saridakis   +2 more
wiley   +1 more source

Dynamic interdependence between consumer confidence and housing prices: Evidence from bootstrap rolling window causality tests. [PDF]

PLoS One
Guan Y, Su C, Wang Y.
europepmc   +1 more source

The Evolution of Interest‐Rate Models: From the Yield Curve to the Swaption Cube

Journal of Economic Surveys, EarlyView.
ABSTRACT Interest‐rate modelling is often taught as a catalogue of competing stochastic equations, obscuring why models were created and why modern sell‐side desks use several simultaneously. This survey reorganises the field around five layers of a pricing architecture: curve construction; arbitrage‐free dynamics; volatility‐smile representation ...
Xuan Feng, Salman Huseynov, Diomides Mavroyiannis   +2 more
wiley   +1 more source

Race, Crime, and Lending Risk in Chicago: The Relevance of Crime and Disorder for HOLC's Neighborhood Assessments. [PDF]

Race Soc Probl
Evans M.
europepmc   +1 more source

Longevity, Health, and Housing Risk Management in Retirement

The Journal of Finance, EarlyView.
ABSTRACT Annuities, long‐term care insurance, and reverse mortgages remain puzzlingly unpopular to manage post‐retirement longevity, health, and housing price risks. We use a flexible life‐cycle model structurally estimated with a unique stated‐preference survey experiment of Canadian households to understand why. Key factors include high risk aversion,
PIERRE‐CARL MICHAUD, PASCAL ST‐AMOUR
wiley   +1 more source

Methodologic Strategies for Quantifying Associations of Historical and Contemporary Mortgage Discrimination on Population Health Equity: A Systematic Review. [PDF]

J Racial Ethn Health Disparities
Edwards JR, Ong C, Barber S, Headen I, Tabb LP, De Roos AJ, Schinasi LH.   +6 more
europepmc   +1 more source