Full Citation

Title: Subprime Babies: The Foreclosure Crisis and Initial Health Endowments

Citation Type: Journal Article

Publication Year: 2019

ISBN:

ISSN:

DOI: 10.7758/rsf.2019.5.2.07

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Abstract: The subprime mortgage crisis was a devastating financial shock for many homeowners. This research uses a probabilistic matching strategy to link foreclosure records with birth certificate records from 2006 to 2010 in California to identify birth parents who experienced a foreclosure. Among mothers who did, those issued a loan during the peak of subprime lending from 2005 to 2007 were more Hispanic and socioeconomically disadvantaged than mothers with loans originating before 2005. We use a mother fixed-effects analyses of ever-foreclosed mothers issued a loan during 2006 and 2007 and find that infants in gestation during or after the foreclosure had a lower birth weight for gestational age than those born earlier, suggesting that the foreclosure crisis was a plausible contributor to disparities in initial health endowments.

Url: https://www.jstor.org/stable/10.7758/rsf.2019.5.2.07

User Submitted?: No

Authors: Downing, Janelle; Bruckner, Tim

Periodical (Full): RSF: The Russell Sage Foundation Journal of the Social Sciences

Issue: 2

Volume: 5

Pages: 123-140

Data Collections: IPUMS CPS

Topics: Health, Other

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