Campbell, John YSunderam, AdiZhang, David Hao2022-06-0720222022-04-012022-05Zhang, David Hao. 2022. Essays on the US Mortgage Market. Doctoral dissertation, Harvard University Graduate School of Arts and Sciences.29061882https://nrs.harvard.edu/URN-3:HUL.INSTREPOS:37371908This dissertation explores issues surrounding inequality and inefficiency in US mortgage markets. In the first chapter, I identify inefficiencies in the US mortgage market stemming from heterogeneous borrower refinancing tendencies. In the second chapter, I develop a new methodology to assess discrimination in the menus context and apply it to the US mortgage market. In the third chapter, I assess the sources of racial inequality in mortgage payments and find that it is primarily driven by racial differences in prepayment speeds.application/pdfenFinanceEconomicsThesis or Dissertation2022-06-070000-0002-7808-3630