A household-level decomposition of the white-black homeownership gap

• Main Authors: FESSELMEYER, Eric, LE, Kien T., SEAH, Kiat Ying
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Homeownership; Race; Segregation; Economics; Race and Ethnicity
• Online Access: https://ink.library.smu.edu.sg/cis_research/11; https://ink.library.smu.edu.sg/context/cis_research/article/1010/viewcontent/2015_9P360_422.pdf
• Institution: Singapore Management University

This paper uses a semiparametric homeownership model to estimate and to decompose the household-level white-black homeownership gap into an endowment component and a residual component across the distribution of homeownership rates. We find that the racial gap differs across homeownership rates and...