Does Gender Affect Mortgage Choice? Evidence from the US

Mortgage Choice in the Euro Area: Macroeconomic Determinants and the Effect of Monetary Policy on Debt Burdens

“…Both pricing variables and household characteristics are usually found to be important determinants of the probability of getting an ARM. With regard to household characteristics, Dhillon et al (1987) find that households with coborrowers, married couples, and short expected housing tenures have the greatest probability of taking out ARMs, whereas Do and Paley (2013) show that females are less likely to apply for an ARM. Fortowsky et al (2011) provide evidence that households with a lower probability of moving tend to fix their mortgage rates for longer.…”

“…With regard to household characteristics, Dhillon et al. () find that households with coborrowers, married couples, and short expected housing tenures have the greatest probability of taking out ARMs, whereas Do and Paley () show that females are less likely to apply for an ARM. Fortowsky et al.…”

The Law of Equal Opportunities or Unintended Consequences?: The Effect of Unisex Risk Assessment in Consumer Credit

“…(), Coin (), D'Espallier et al . () and Do and Paley ()). We do not review this topic in detail either, because the objective of this paper is not to prove that women are always better credit risks since this may vary depending on the context and credit product.…”

“…Women have been found to be more reliable payers in several studies in a variety of contexts and credit products (e.g. Agarwal et al (2016), Coin (2013), D'Espallier et al (2011 and Do and Paley (2013)). We do not review this topic in detail either, because the objective of this paper is not to prove that women are always better credit risks since this may vary depending on the context and credit product.…”

Does Equal Opportunity Bring Men and Women Closer to Wealth Equality?

“…The author does not mention the relevance of risk attitudes of both genders in this respect, which potentially could be important. For example, in the case of women, there is in fact evidence that their relative higher risk‐aversion and their propensity to take up more sensible mortgages sheltered them from some of the effects of the financial crisis and recession (Do and Paley, ). In addition, recent higher graduation rates for women also suggest that they may have been taking more advantage of educational loans than suggested in the book.…”