The paper looks into the process of originating and homogenizing the three credit union streams in the Czech lands territory at the time of the Habsburg Monarchy. The strongest from among the credit union streams was formed of charitable societies. The second stream was created through...

Cooperative banks, similarly to other credit institutions, obtain financial resources from entities with finance surplus and satisfy the needs of those entities, which suffer from financial deficits. In comparison to commercial institutions, it is the large and stable deposit base, which is...

In this paper we investigate whether race and ethnicity influenced subprime loan pricing during 2005, the peak of the subprime mortgage expansion. We combine loan-level data on the performance of non-prime securitized mortgages with individual- and neighborhood-level data on racial and ethnic...

This paper studies the demand for mortgage debt in the Netherlands. Currently the size of this debt exceeds that of GDP, which makes is interesting to look at its determinants. We argue that the absence of a downpayment constraint is important and focus on two other issue. The first is the...

In this paper, we investigate whether evidence of discriminatory treatment against immigrants in the Spanish mortgage market exists. More specifically, we test whether, ceteris paribus, immigrant borrowers tend to be charged with higher interest rates on their mortgages than their Spanish born...