'uring the past year, several Federal Reserve reports on home mortgage lending have attracted widespread attention for what they revealed about racial lending patterns. The Federal Reserve Board, in backto-back analyses of 1990 and 1991 data gathered nationwide, reported that black and Hispanic applicants are denied credit at roughly twice the rate of white applicants. And in a study designed t...

This paper studies P2P lending and the factors explaining loan default. This is an important issue because in P2P lending individual investors bear the credit risk, instead of financial institutions, which are experts in dealing with this risk. P2P lenders suffer a severe problem of information asymmetry, because they are at a disadvantage facing the borrower. For this reason, P2P lending sites...

We use an information-theoretic approach to describe changes in lending relationships between financial institutions around the time of the Lehman Brothers failure. Unlike previous work that conducts maximum likelihood estimation on undirected networks our analysis distinguishes between borrowers and lenders and looks for broader lending relationships (multi-bank lending cycles) that extend bey...

Using the data of individual loan contracts extended by the Japan Finance Corporation for Small and Medium Enterprise (JASME), which is one of the predecessor institutions of the Japan Finance Corporation (JFC) that aimed at lending to small and medium enterprises (SMEs), we examine whether the JASME’s lending substituted for the reduced lending supply by private banks during the period of the ...

Despite widespread belief that redlining contributed to disinvestment in cities, there has been little empirical analysis of historical lending patterns. The lack of appropriate data and clear definitions of redlining has contributed to this void. This article reviews definitions and methods that have emerged from research on lending in recent years and considers how they can be applied to rese...

This paper analyses the contrasted role played by concept of “inner form” in structural and phenomenological perspectives on language Gustav Špet, Roman Jakobson Maurice Merleau-Ponty. On basis first a brief overview concept’s antecedents theories Wilhelm von Humboldt Humboldtian psychological tradition (Steinthal, Potebnja, Wundt, Marty), then comparative analysis general function inner form w...