Journal Article
CRA and fair lending regulations: resulting trends in mortgage lending
Evanoff, Douglas D.; Segal, Lewis M. (1996-11)
This article provides background on the evolution of Community Reinvestment Act (CRA) and fair lending regulations, summarizes the relevant economic literature, and evaluates the effectiveness of the regulations by analyzing recent trends in mortgage lending activity. Are the trends in line with the intent of the regulations? Can the trends by attributed to the regulations?
Economic Perspectives , Volume 20 , Issue Nov , Pages 19-46

Working Paper
Wage differentials for temporary services work: evidence from administrative data
Sullivan, Daniel G.; Segal, Lewis M. (1998)
We use administrative data from the unemployment insurance system State of Washington to study the magnitude of the wage differential associated with work in the temporary services industry. We find that temp wage rates are 15% to 20% below the levels that might have been expected based on trends during other periods in workers' careers even after controlling for differences between temps and other workers. Comparing temp wages immediately before and after temp work or to the wages on non-temp jobs begun during the same period as workers were in the temp industry yields estimates of the temp ...
Working Paper Series , Paper WP-98-23

Journal Article
Trends in homeownership: race, demographics, and income
Sullivan, Daniel G.; Segal, Lewis M. (1998-04)
The nation's homeownership rate recently reached an all-time high, with especially large gains among black households. This article quantifies the impact of underlying demographic and income trends on homeownership, concluding that while much of the increase in the aggregate homeownership rate can be attributed to faster growth in real incomes, the gains experienced by blacks may, in part, reflect a new regulatory environment.
Economic Perspectives , Volume 22 , Issue Q II , Pages 53-72

Journal Article
Black/white differences in wealth
Segal, Lewis M.; Altonji, Joseph; Doraszelski, Ulrich (2000-01)
This article studies the extent to which the wide gap in the wealth holdings of whites and African Americans can be explained by differences in family income and demographic characteristics.
Economic Perspectives , Volume 24 , Issue Q I , Pages 38-50

Newsletter
New data on mortgage lending
Segal, Lewis M.; Huck, Paul (1997-07)
Chicago Fed Letter , Issue Jul

Working Paper
The growth of temporary services work
Sullivan, Daniel G.; Segal, Lewis M. (1996)
Temporary services employment has expanded rapidly and now accounts for a sizable fraction of aggregate employment. The industry's workers are no longer overwhelmingly female or limited to clerical occupations. Temporary work is associated with variable weekly schedules and with part-year participation, but not with voluntarily part-time work. On average, temporary workers have less labor market security than permanent workers, being prone to both more unemployment and more underemployment. Relatively few of them, however, stay in temporary positions for as much as a year and the majority ...
Working Paper Series, Macroeconomic Issues , Paper WP-96-26

Working Paper
Temporary services employment durations: evidence from state UI data
Sullivan, Daniel G.; Segal, Lewis M. (1997)
Working Paper Series, Macroeconomic Issues , Paper WP-97-23

Working Paper
Flexible employment; composition and trends
Segal, Lewis M. (1995)
Working Paper Series, Macroeconomic Issues , Paper 95-19

Working Paper
Volunteer labor sorting across industries
Mauser, Elizabeth; Weisbrod, Burton A.; Segal, Lewis M. (1997)
Working Paper Series, Macroeconomic Issues , Paper WP-97-19

Working Paper
Strategic responses to bank regulation: evidence from HMDA data
Evanoff, Douglas D.; Segal, Lewis M. (1996)
The intent of fair lending regulation is to encourage loans in low income areas and insure that loan decisions are based on economic criteria instead of noneconomic borrower characteristics. We evaluate situations in which banks may find it in their self interest to respond to regulation in a strategic manner intended to improve public relations and appease regulators rather than to adhere to the true spirit of the regulation. We find some evidence consistent with such behavior.
Working Paper Series, Issues in Financial Regulation , Paper WP-96-7