Mortgage Redlining: Some New Evidence
研究了美国克利夫兰地区抵押贷款与社区种族特征之间的实证关系，在控制需求和风险因素后检验红线歧视是否存在，对关注信贷市场公平的学者和政策制定者有参考价值。
Despite the passage of several laws in the past decade to outlaw discrimination in credit markets, the U.S. regulatory and judicial bodies are still struggling to agree on a precise definition of discrimination and how it can be prevented. Some financial institutions, particularly those in urban areas, have been accused of severely restricting their mortgage-lending activity in certain poor and/ or black neighborhoods-a practice referred to as redlining. Focusing on Cleveland, Ohio, authors Robert B. Avery and Thomas M. Buynak examine the empirical relationship between mortgage lending and neighborhood racial characteristics, controlling for demand and risk factors.