[...]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...

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...

Over the last decade, there has been growing attention to the issue of neighbourhood governance and community participation in China. The focus has been on the extent to which community involvement in rule-making and decision-making processes could be promoted. The issue of community...

Fifteen per cent of British babies are now born to parents who are neithercohabiting nor married. Little is known about non-residential fatherhood thatcommences with the birth of a child. Here, we use the Millennium Cohort Studyto examine a number of aspects of this form of fatherhood. Firstly,...

This paper demonstrates that urban social exclusion in China does not onlyinclude restricted participation by the “underclass” in urban life, but also thedeprivation of certain political, social and economic rights. In addition, thepaper describes how the character of urban social exclusion...

This study used data from the British Cohort Study to examine the relationshipsbetween childhood background experiences and a variety of indicators of adultwell-being. Similar to an earlier study that analyses the National ChildDevelopment Study, we use a rich array of childhood background...

This paper is about low-income neighbourhoods, their organisation andmanagement. It is not a study in deprivation, but is about problem-solving,about the reforms in delivery underway in Britain, about long run attempts tochange neighbourhood conditions and environments, about the central role...

Why is social exclusion a problem? What about ‘voluntary’ social exclusion –when an individual chooses to exclude him or herself from the wider society?Brain Barry has addressed these questions in a recent CASE book, arguing thatsocial exclusion, voluntary or involuntary, offends against...

Renewed interest in disadvantaged neighbourhoods is generating increasingresearch activity. Current work includes qualitative community studies andquantitative investigations of area effects on individual outcomes. This papercriticises the contribution of area effects research to date....