| 000 | 02226naa a2200241uu 4500 | ||
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| 001 | 1051314251937 | ||
| 003 | OSt | ||
| 005 | 20190211175201.0 | ||
| 008 | 110513s2011 xx ||||gr |0|| 0 eng d | ||
| 100 | 1 |
_aMOULTON, Stephanie _944801 |
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| 245 | 1 | 0 |
_aThe publicness of policy environments : _ban evaluation of subprime mortgage lending |
| 260 |
_aCary : _bOxford University Press, _cJanuary 2011 |
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| 520 | 3 | _aPrevious evaluations of publicness have focused largely on organizations and organizational behavior. This analysis extends the applicability of publicness one step further, to consider the effect of the publicness of policy environments on resulting individual-level outcomes. Subprime or high-cost mortgage lending was an increasingly dominant strategy in the mid-2000s to deal with the uncertainty of extending mortgages to borrowers with perceived higher risk. However, contrary to efficiency pricing rationales, whether or not a borrower received a high-cost loan may not be completely determined by individual risk characteristics but may also be influenced by the lending environment. Through multilevel modeling, this analysis investigates the influence of the publicness of the lending environment at the county level on the probability of a borrower receiving a high-cost loan in 2006. The results indicate that an increase in the publicness of a lending environment reduces the probability of a borrower receiving a high-cost (subprime) mortgage. The implications of these findings not only contribute to mortgage lending but also provide a springboard to consider a key meta-issue in public administration: the interplay of political and economic authority in diverse policy and management environments, and the effects on individual-level outcomes | |
| 650 | 4 |
_aPrestação de Contas _912154 |
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| 650 | 4 |
_aComunicação Pública _913263 |
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| 650 | 4 |
_aEmpréstimo Público _913718 |
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| 700 | 1 |
_91399 _a Bozeman, Barry |
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| 773 | 0 | 8 |
_tJournal of Public Administration Research and Theory _g21, 1, p. 87-115 _dCary : Oxford University Press, January 2011 _xISSN 10531858 _w |
| 942 | _cS | ||
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_a20110513 _b1425^b _cDaiane |
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_a20110610 _b1735^b _cKeicielle |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c39457 _d39457 |
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| 041 | _aeng | ||