Arbeitspapier

Immigrants and Mortgage Delinquency in the United States

We investigate the relationship between immigrant status and mortgage delinquency in the United States. We find that after controlling for observables, newly arrived immigrants are likely to have a higher delinquency rate on mortgages than natives, while immigrants who have resided in the United States for more than 20 years are no different than natives in this regard. In addition, there is no evidence that the second generation of immigrants has a higher delinquency rate than the third-or-higher generation. Our results are robust to potential sample selection bias and functional misspecifications.

Sprache
Englisch

Erschienen in
Series: Bank of Canada Working Paper ; No. 2015-1

Klassifikation
Wirtschaft
Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Thema
Debt management
Financial stability

Ereignis
Geistige Schöpfung
(wer)
Lin, Zhenguo
Liu, Yingchun
Xie, Jia
Ereignis
Veröffentlichung
(wer)
Bank of Canada
(wo)
Ottawa
(wann)
2015

DOI
doi:10.34989/swp-2015-1
Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Lin, Zhenguo
  • Liu, Yingchun
  • Xie, Jia
  • Bank of Canada

Entstanden

  • 2015

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