Bibliography - Marsha Courchane

Marsha J. Courchane

Vice President, Practice Leader of Financial Economics

Marsha J. Courchane bibliography

Refereed publications

“Consumer Credit Literacy: What Price Perception?”  With Peter M. Zorn and Adam H. Gailey, Journal of Economics and Business, Vol. 60, Issues 1-2, January/February 2008, pp.125-138.

“The Pricing of Home Mortgage Loans to Minority Borrowers:  How Much of the APR Differential Can We Explain.”  Journal of Real Estate Research, vol. 29, no. 4, November, 2007, pp. 399-439.

“On the Robustness of Racial Discrimination Findings in Mortgage Lending Studies.”  With J.A. Clarke and N. Roy.  Applied Economics, forthcoming 2008.

“Comment on Donald R. Haurin and Hazel A. Morrow-Jones’s ‘The Impact of Real Estate Market Knowledge on Tenure Choice: A Comparison of Black and White Households.’”  With Peter M. Zorn. Housing Policy Debate, Vol. 17, Issue 4, 2007.

“Implications of Stratified Sampling for Fair Lending Binary Logit Models.”  With J.A. Clarke.  Journal of Real Estate Finance and Economics.  Vol. 30, 2005.

“Subprime Borrowers: Transitions and Outcomes.”  With Peter M. Zorn and Brian Surette.  Journal of Real Estate Finance and Economics, Vol. 29, No. 4, 2004, pp. 365–392.

“Mission Accomplished?”  With Peter M. Zorn.  FMA Online, 2002. (

“A Comparison of U.S. and Canadian Mortgage Markets.”  With J. Giles.  Property Management, Vol. 20, No. 5, 2002, pp. 326–368.

“Real Options and Internet Banking: Theory and Tests.”  With David Nickerson and Rick Sullivan.  Journal of Multinational Financial Management, Vol. 12, Nos. 4–5, Oct–Dec 2002, pp. 347–363.

“Lessons Learned: Applications of Statistical Techniques to Fair Lending Compliance Examinations.”  With David Nickerson and David Nebhut.  Journal of Housing Research, Vol. 11, No. 2, 2000, pp. 277–295.

“Estimation and Evaluation of Loan Discrimination—An Informational Approach.”  With Amos Golan and David Nickerson.  Journal of Housing Research, Vol. 11, No. 1, 2000, pp. 67–90.

“Strategic Investment and Endogenous Market Structure in Electronic Banking.”  With D. Nickerson and V. Sadanand.  Proceedings of the Eleventh IFAC Meetings on Control Applications of Optimization, V.Zakharov (ed.), International Federation of Automatic Control, Elsevier North-Holland Press, 2000, pp. 104–109.

“Comment on the Enforcement of CRA and Changes in Bank Lending Behavior.”  Research in Financial Services: Private and Public Policy, JAI Press, Vol. 11, 1999, pp. 197–200.

“Discrimination Resulting from Overage Practices.”  With David Nickerson.  Journal of Financial Services Research, Vol. 11, Nos. 1–2, February/April 1997, pp. 133–151.

“Endogenous Competition and Strategic Foreign Investment.”  With David Nickerson and V. Sadanand.  Canadian Journal of Economics, Vol. 29, No. 0, April 1996, pp. S483–S489.

“Using Statistical Models to Identify Unfair Lending Behavior.”  With Dennis Glennon, William Lang, and Mitchell Stengel.  Fair Lending Analysis: A Compendium of Essays on the Use of Statistics, A. Yezer, ed., pp. 57–64, Washington, D.C., American Bankers Association, 1995.

“Aggregate Consumption and Allocation of Time,”   Economics Letters, Volume 17, Issues 1-2, 1985, Pages 161-165

“A Conditional Logit Model for Executive Incentives,”   Economics Letters , Volume 13, Issues 2-3, 1983, Pages 283-289

Other publications

“A Test of Discrimination Robust to Functional Misspecification.”  With Douglas McManus.  Proceedings of the Joint Statistical Meetings, 2003.

Comment on “The Development of Internal Models Approaches to Bank Regulation and Supervision: Lessons Learned from the Market Risk Perspective,” by J. Lopez and M. Saidenberg, in Bank Fragility and Regulation:  Evidence from Different Countries, G. Kaufman, editor, 2000.

“Using Statistical Techniques to Evaluate Fair Lending Practices at National Banks.”  With MariGloria Cobas.  Quarterly Journal, Office of the Comptroller of the Currency, Vol. 14, No. 2, 1995

“Using Statistics to Evaluate Fair Lending: Have Statistics, Will Travel.” SuperVisions, OCC, Vol. 10, No. 7, 1995

Shazam: Econometrics Computer Program, Chapters 2, 7, 22, 24 (Intro., OLS, Logit, Probit, Tobit), 1993.

Working papers

“Consumer Literacy and Credit Worthiness.”  Presented at ASSA, January 2005, Hoyer Hoyt Institute, January 2005, and Federal Reserve System Conference, April 2005.

“Consumer Borrowing Costs.”  To be presented at ASSA, January 2005, Pacific Rim Real Estate Meetings, January 2005, American Real Estate Society meetings, April 2005.

“Evolution of the Housing Finance System in America.”  With David Nickerson and Frank Nothaft.   For the Millenial Housing Commission, 2001.