Opioid Crisis and Bank Mortgage Lending

This study examines the effect of the opioid epidemic on bank mortgage lending decisions. We find that mortgage loan applications of risky borrowers with larger local opioid exposure are less likely to be approved. We use various fixed effects and matched loan analysis to identify consistent causal effects. We find similar results when using the variation in opioid prescription generated by the state-level PDMP adoption

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Year of publication:	2022
Authors:	Liu, Shiang
Publisher:	[S.l.] : SSRN
Subject:	Hypothek \| Mortgage \| Kreditgeschäft \| Bank lending \| Finanzkrise \| Financial crisis \| Drogenkonsum \| Drug consumption \| Bankenkrise \| Banking crisis \| Bank \| Subprime-Krise \| Subprime financial crisis

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Extent:	1 Online-Ressource (24 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 25, 2022 erstellt
Other identifiers:	10.2139/ssrn.4200707 [DOI]
Classification:	G20 - Financial Institutions and Services. General ; G21 - Banks; Other Depository Institutions; Mortgages ; i15 ; I18 - Government Policy; Regulation; Public Health
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014077926