Furman Center Presents New Data on NYC Mortgage Lending
State of New York City’s Housing and Neighborhoods 2009
The Furman Center for Real Estate and Urban Policy, a joint research center between NYU Wagner and NYU Law, recently released its fourth annual analysis of FFIEC’s Home Mortgage Disclosure Act data, called Mortgage Lending in the Great Recession: HMDA 2009.
The analysis reflects several surprises in a tumultuous year. While home purchase mortgage lending declined throughout the recession, the study found that lending to low and moderate income home buyers increased in 2009, as did the number of new mortgages backed by the Federal Housing Administration (FHA) and Veteran’s Administration (VA). In 2009, 16 percent of New York City home purchase mortgages were FHA/VA-backed loans, compared to less than one percent of loans issued from 2005 to 2007.
The study also found, in contrast to home purchase lending, that mortgage refinancing increased substantially in 2009. The increase in refinancing activity, however, was not uniform across New York City’s different racial and ethnic communities. Black and Hispanic homeowners did not refinance at the same rates as white and Asian borrowers, which suggests that not all New York homeowners were equally able to take advantage of lower interest rates and reduce their monthly payments.
Getting Out the Vote, Innovatively
A fascinating article in the Sunday magazine of The New York Times describes how techniques developed by behavioral science researchers are at the forefront of a dramatic change in how politicians and parties get out the vote. The emerging data-driven approach to moving voters was co-pioneered by Don Green, currently Visiting Distinguished Professor at NYU Wagner & NYU Abu Dhabi.
"As the 1998 elections approached, Green [and fellow Yale professor of political science Alan Gerber] partnered with the League of Women Voters to split 30,000 New Haven voters into four groups," the article explains. "Some received an oversize postcard encouraging them to vote, others the same message via a phone call or in-person visit. One control group received no contact whatsoever. After the election, Gerber and Green examined Connecticut records to see who actually voted. The in-person canvass yielded turnout 9.8 percent higher than for voters who were not contacted. Each piece of mail led to a turnout increase of only 0.6 percent. Telephone calls, Gerber and Green concluded, had no effect at all."
The Times article goes on to describe why the results have proven so seminal.
As it happens, the article appeared just a few days after Professor Green spoke at Wagner's doctoral colloquium October 28.
Green has written extensively on a range of topics, including voter turnout, campaign finance, perceptual bias, rational learning, experimental methods, and rational choice theory. He is currently writing a book on field experiments in the social sciences. His resume and other materials can be found here.
"Forward 50" honors Berman Jewish Policy Archive's director
Steven M. Cohen
"The Forward 50" consists of "people whose religious and cultural values propelled them to engage, create and lead in a decidedly Jewish voice." Among the newly announced honorees: GOP congressman Eric Cantor, Supreme Court Justice Elana Kagan, Google co-founder Sergey Brin - and sociologist Steven M. Cohen, Director of the Berman Jewish Policy Archive at NYU Wagner.
BJBA recently collaborated on a case study of the Jewish community in the U.S., entitled "Baby Boomers, Public Service, and Minority Communities."
Wagner professors publish new report on kids and foreclosures in NYC
While researchers have noted the deleterious effects of foreclosure on surrounding properties and neighborhoods, little is known about the effects of foreclosure on children. A new report, Kids and Foreclosure: New York City, just released by researchers at NYU’s Institute for Education and Social Policy (IESP) and Furman Center for Real Estate and Urban Policy begins to address the issue by estimating the number of students in New York City affected by the current foreclosure crisis.“
Few researchers have explored the human costs of foreclosure, and virtually no one has considered the collateral costs on children,” said Ingrid Gould Ellen, faculty co-director of the Furman Center and a professor at NYU Wagner. “This study shows that the number of children living in foreclosed buildings in New York City is large and growing, and the impact falls disproportionately on black children.”
Prof. Rodwin compares American, French healthcare systems in new book
Victor Rodwin, a professor of health policy and management at NYU Wagner, compares healthcare in France and the U.S. in his latest book (coauthored by Didier Tabuteau).
NYU Wagner Professor Victor Rodwin is the coauthor of a new book comparing the American and French health care systems - A La Sante De L'Oncle Sam (To Uncle Sam's Health: Cross Perspectives on the American and French Health Systems).
Victor Rodwin, professor of health policy and management at NYU Wagner, and his colleague Didier Tabuteau, counselor of state and professor of health policy at the Institut d'Etudes Politiques and the University of Paris Descartes, have published a new book (published by Editions Jacob Duvernet) in which they challenge the conventional wisdom that the French health care system is a government-managed, public and collective enterprise and the American system a private, market-oriented and individualist system. Based on six months of debates in Paris while Professor Rodwin held the Fulbright-Toqueville Chair (spring semester, 2010), this book compares public health, health insurance, the power of physicians, health care reform, and the silent revolution that is transforming health care organization in both France and the United States.
Special Event Celebrates 'Creative State' by NYU Wagner's Natasha Iskander
Craig Calhoun, Jorge Casteneda, Natasha Iskander and Ruth Milkman
About 100 people attended an informative discussion of NYU Wagner Assistant Professor of Public Policy Natasha Iskander's fascinating new book, Creative State: Forty Years of Migration and Development Policy in Morocco and Mexico. The presentation was held September 27, marking the launch of the book.
As the evening's lively dialogue reflected, Prof. Iskander's work constitutes an essential resource for scholars and students interested in public policy, government and international development. Her account reveals the unexpected process of contestation and agreement that gave rise to successful policies by which national governments bring migrants into their banking systems, capture remittances for national development projects, and foster partnerships for the design and provision of infrastructure.
Wagner Dean Ellen Schall offered introductory remarks, noting that Professor Iskander's book "draws our attention to the murky, unruly ambiguity that is the prologue to policy innovation."
The author also greeted the standing-room-only audience, describing her wide-ranging, three-year journey of research, which included extensive interviews with migrants, policy planners, and government officials in several countries. She outlined her findings and potential areas for future research.
Craig Calhoun, a sociology professor at NYU and president of the Social Science Research Council, hailed the book as a significant achievement, terming it an inspiring "account of innovation in which the state is unpacked and opened up," and the evolution of what have come to be called best practices are compellingly portrayed.
Jorge Casteneda, global distinguished professor of politics and Latin American and Caribbean Studies at NYU, weighed the book's implications against his experience as former Foreign Minister of Mexico and the Mexican government's attempts to gain a path to a legal foothold for millions of undocumented migrants in the U.S. Ruth Milkman, associate director of the Joseph S. Murphy Institute for Worker Education and Labor Studies at CUNY, described the active role of immigrants in pushing for decent pay and working conditions in construction sites and factories here.
"Natasha's book shows how migrant workers are shaped by both the desire to get ahead economically, but also by political situations in the countries from which they are migrating," she said.
Suitably, the event concluded with a buffet of Mexican and Moroccan foods, and Professor Iskander inscribing copies of her book for the mingling guests.
Prof. Natasha Iskander writes 'Creative State' - new book on migration & development
Assistant Professor of Public Policy Natasha Iskander just published a new book called Creative State: Forty Years of Migration and Development Policy in Morocco and Mexico.
At the turn of the 21st century, governments around the world began searching for ways to capitalize on emigration for economic growth, and they looked to nations that already had policies in place. Morocco and Mexico featured prominently as sources of “best practices” in this area.
In Creative State, Professor Iskander chronicles how these innovative policies emerged and evolved over 40 years and reveals how neither the governments nor their migrant constituencies ever predicted the ways the initiatives would fundamentally redefine nationhood, development and citizenship.
Learn more about this fascinating topic and RSVP for the book launch celebration.
NYU Wagner Participates in Major NYU-Poly Graduate Program on Cyber Security
NYU Wagner Professor Rae Zimmerman is part of Polytechnic Institute of New York University's planning for the launch of a pathbreaking graduate education program to educate scientists and engineers to address the increasingly complex issues surrounding information security and privacy. A $1.079 million award from the National Science Foundation's flagship interdisciplinary training initiative, Integrated Graduate Education and Research Traineeship (IGERT) funds the program for the initial two years.
Reaching beyond a solely technical approach, the program has enlisted faculty from NYU's Courant Institute of Mathematical Sciences, Robert F. Wagner Graduate School of Public Service, Leonard N. Stern School of Business, and Steinhardt School of Culture, Education, and Human Development, as well as faculty from CUNYs John Jay College of Criminal Justice.
Called INSPIRE (Information Security and Privacy: An Interdisciplinary Research and Education Program) the program will address the shortage of scientists and engineers versed in the interplay between information security and economics, psychology, public policy and law. INSPIRE graduates -with students receiving degrees from NYU-Poly or NYU - will be able to apply their understanding of these fields to develop technology solutions attuned to an increasing dependency on trustworthy information sources.
"In the context of INSPIRE, faculty and doctoral students will address the balance between what is technologically feasible and what is acceptable within legal, political, economic and society constraints," noted Kurt Becker, NYU-Poly associate provost for research and technology initiatives.
Professor Zimmerman is director of the Institute for Civil Infrastructure Systems (ICIS) at NYU Wagner.