AER (version 0.2-2)

HMDA: Home Mortgage Disclosure Act Data

Description

Cross-section data on the Home Mortgage Disclosure Act (HMDA).

Usage

data("HMDA")

source

Online complements to Stock and Watson (2007).

http://wps.aw.com/aw_stock_ie_2

Details

Only includes variables used by Stock and Watson (2007), some of which had to be generated from the raw data.

References

Munnell, A. H., Tootell, G. M. B., Browne, L. E. and McEneaney, J. (1996). Mortgage Lending in Boston: Interpreting HMDA Data. American Economic Review, 86, 25--53.

Stock, J. H. and Watson, M. W. (2007). Introduction to Econometrics, 2nd ed. Boston: Addison Wesley.

See Also

StockWatson2007

Examples

data("HMDA")

## Stock and Watson (2007)
## Equations 11.1, 11.3, 11.7, 11.8 and 11.10, pp. 387--395
fm1 <- lm(I(as.numeric(deny) - 1) ~ pirat, data = HMDA)
fm2 <- lm(I(as.numeric(deny) - 1) ~ pirat + afam, data = HMDA)
fm3 <- glm(deny ~ pirat, family = binomial(link = "probit"), data = HMDA)
fm4 <- glm(deny ~ pirat + afam, family = binomial(link = "probit"), data = HMDA)
fm5 <- glm(deny ~ pirat + afam, family = binomial(link = "logit"), data = HMDA)

## More examples can be found in:
## help("StockWatson2007")