English
 
Help Privacy Policy Disclaimer
  Advanced SearchBrowse

Item

ITEM ACTIONSEXPORT
 
 
DownloadE-Mail
  The Origins of National Housing Finance Systems: A Comparative Investigation into Historical Variations in Mortgage Finance Regimes

Blackwell, T., & Kohl, S. (2018). The Origins of National Housing Finance Systems: A Comparative Investigation into Historical Variations in Mortgage Finance Regimes. Review of International Political Economy, 25(1), 49-74. doi:10.1080/09692290.2017.1403358.

Item is

Files

show Files
hide Files
:
mpifg_zs17_0512.pdf (Any fulltext), 772KB
 
File Permalink:
-
Name:
mpifg_zs17_0512.pdf
Description:
Full text
OA-Status:
Visibility:
Restricted (Max Planck Institute for the Study of Societies, MKGS; )
MIME-Type / Checksum:
application/pdf
Technical Metadata:
Copyright Date:
-
Copyright Info:
-
License:
-

Locators

show
hide
Locator:
https://doi.org/10.1080/09692290.2017.1403358 (Publisher version)
Description:
Full text via publisher
OA-Status:

Creators

show
hide
 Creators:
Blackwell, Timothy1, Author
Kohl, Sebastian1, 2, Author           
Affiliations:
1Institute for Housing and Urban Research, Uppsala University, Sweden, ou_persistent22              
2Soziologie des Marktes, MPI for the Study of Societies, Max Planck Society, ou_1214556              

Content

show
hide
Free keywords: Housing finance, path-dependence, urbanisation, Gerschenkron, building societies, mortgage banks
 Abstract: This paper advances the first historically informed typology of housing finance systems. Using a novel collection of historical mortgage-market data, we identify four different ‘ideal type’ systems, which developed in mature economies when organised housing finance institutions began to emerge with the advance of industrialism and urbanism throughout the long nineteenth century: informal person-to-person lending, and state lending as solutions outside specialised banking circuits; and deposit-based and bond-based institutions as banking solutions. We adapt Alexander Gerschenkron's economic backwardness thesis in order to explain the temporal and spatial emergence of these distinct types, arguing that these systems created path-dependent logics, which made their influence felt over a century later.

Details

show
hide
Language(s): eng - English
 Dates: 2017-12-052018
 Publication Status: Published in print
 Pages: -
 Publishing info: -
 Table of Contents: Introduction
Financial systems and late development
Historical housing finance systems
Discussion
Conclusion
References
 Rev. Type: Peer
 Identifiers: DOI: 10.1080/09692290.2017.1403358
 Degree: -

Event

show

Legal Case

show

Project information

show

Source 1

show
hide
Title: Review of International Political Economy
Source Genre: Journal
 Creator(s):
Affiliations:
Publ. Info: -
Pages: - Volume / Issue: 25 (1) Sequence Number: - Start / End Page: 49 - 74 Identifier: ISSN: 0969-2290
ISSN: 1466-4526