search query: @author Ferguson, M. / total: 3
reference: 2 / 3
| Author: | Ferguson, M. Peters, S. |
| Title: | What constitutes evidence of discrimination in lending? |
| Journal: | Journal of Finance
1995 : JUN, VOL. 50:2, p. 739-748 |
| Index terms: | FINANCE MODELS BANKING |
| Language: | eng |
| Abstract: | The authors analyze a simple model of bank lending in order to ascertain what can be inferred from relative denial and default rates about lending discrimination. They show that is minority applicants are of lower average creditworthiness than majority applicants, then, contrary to a popular argument, a uniform, nondiscriminatory credit policy cannot simultaneously produce (1) higher denial rates for minority applicants, and (2) equal default rates for minority and majority applicants. |
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