Mark S. Sniderman

In the aftermath of the Great Recession, many policy analysts are rethinking national housing policies, including affordable housing programs.

In this paper, we empirically examine how information about a neighborhood affects the level of lending activity in it.

A baseline evaluation of the variation in mortgage credit flows across different types of neighborhoods using HMDA data collected in 1990 and 1991.

A discussion of how mortgage lenders might use posted lending terms to signal both their eagerness to take new loan applications and their lending standards.

A documentation of racial and neighborhood differences in home mortgage denial rates using data collected under the Home Mortgage Disclosure Act, exploring the extent to which objective lending criteria are responsible for observed differences.

An examination of how and why individual financial institutions vary in their propensity to attract and approve mortgage applications from minorities, using Home Mortgage Disclosure Act data.

The Community Reinvestment Act of 1977 (CRA) requires depository institutions to help meet the credit needs of their communities, including low- and moderate-income neighborhoods, consistent with safe and sound lending practices.

A recent survey of and extension to research on the topic of unemployment insurance (UI) by Topel and Welch (1980) focuses on theissue of UI financing.

Chief policy officer Mark Sniderman shares his views on how the Federal Reserve’s framework for conducting monetary policy has evolved over the past decade.

The Soviet Union officially disbanded on December 26, 1991, one day after the resignation of Mikhail Gorbachev.

Congress enacted the Community Reinvestment Act of 1977 (CRA) to combat redlining, whereby lenders allegedly curtail the supply of mortgage credit to particular neighborhoods.

In September 1995, Senator Connie Mack introduced legislation that would require the Federal Reserve to provide a numerical definition of price stability, to set a timetable for achieving it, and to subordinate other monetary policy objectives to it.

Last July, the Clinton administration urged federal bank and thrift institution regulators to propose new rules for implementing the Community Reinvestment Act (CRA).

During the past year, several Federal Reserve reports on home mortgage lending have attracted widespread attention for what they revealed about racial lending patterns.

Labor relations and collective bargaining have changed markedly in recent years.

The state of Ohio, which currently forbids private-insurance companies from competing with the state-run workers’ compensation program, is now in the throes of deciding whether to allow private-insurance carriers to enter the market.

Wage-rate increases among unionized employees have generally been larger in the past few years than increases among non-unionized employees.

Common traits as adequate capital, quality of assets, earnings, liquidity, management, and sensitivity to market risks often determine the overall health regional banks.