The facts of social sciences are ones that stem from scientificexpertise, but in the social world, everyone is their own expert.Everyone lives in society, and experiences either first-hand, orclosely second-hand, the same phenomena that social scientistsinvestigate. Consequently, people are not...

The Equalities Review is an independent panel set up by the UK government in2005 to investigate the persistence of social inequalities and to makerecommendations for the development of a unified Commission for Equalityand Human Rights. This paper was originally written for the Review....

This paper uses a unique data set on more than 600,000 mortgagecontracts to estimate a credit supply function which allows for risk-heterogeneity. Non-linearity is modeled using quantile regressions. Wepropose an instrumental variable approach in which changes in the taxtreatment of housing...

[...]This article significantly advances the literature onmortgage prepayments by introducing quantitative measuresof individual homeowner credit histories to the loan-levelanalysis of the factors influencing the probability that a homeownerwill refinance. In addition to credit histories, we...