Search Results - subject:"Collateral channel"

House money and entrepreneurship

Pekkala Kerr, Sari; Kerr, William R.; Nanda, Ramana - 2015

Persistent link: https://www.econbiz.de/10011336639

Real estate collateral value and investment : the case of China

Wu, Jing; Gyourko, Joseph E.; Deng, Yongheng - In: Journal of urban economics 86 (2015), pp. 43-53

Persistent link: https://www.econbiz.de/10011563176

Should zombie lending always be prevented?

Jaskowski, Marcin - In: International review of economics & finance : IREF 40 (2015), pp. 191-203

Persistent link: https://www.econbiz.de/10011573579

Real estate collateral value and investment: The case of China

Wu, Jing; Gyourko, Joseph; Deng, Yongheng - In: Journal of Urban Economics 86 (2015) C, pp. 43-53

yield no evidence of a collateral channel effect. Further analysis indicates that China’s debt is not characterized by the … frictions that give rise to collateral channel effects elsewhere. Essentially, financially constrained borrowers appear able … credibly to commit to repay debt in China. While there is no impact on investment via the collateral channel, our results …

Persistent link: https://www.econbiz.de/10011209630

Bank credit and the housing market in OECD countries

Arestis, Philip; González, Ana Rosa - In: Journal of post-Keynesian economics : JPKE 36 (2014) 3, pp. 467-489

Persistent link: https://www.econbiz.de/10010361834

The housing market-bank credit relationship : some thoughts on its causality

Arestis, Philip; González, Ana Rosa - In: Panoeconomicus 61 (2014) 2, pp. 145-160

Persistent link: https://www.econbiz.de/10010341363

Bank credit and the housing market in OECD countries

Arestis, Philip; González, Ana Rosa - In: Journal of Post Keynesian Economics 36 (2014) 3, pp. 467-490

Relevant economic literature frequently focuses on the impact of credit shocks on housing prices. The macroeconomic doctrine of the new consensus macroeconomics completely ignores bank credit. However, the Great Recession has highlighted the importance of bank credit. The purpose of this article...

Persistent link: https://www.econbiz.de/10010812113

Bank credit and the housing market in OECD countries

Arestis, Philip; González, Ana Rosa - In: Journal of Post Keynesian Economics 36 (2014) 3, pp. 467-490

Persistent link: https://www.econbiz.de/10010759883

Do house prices impact business starts?

Balasubramanyan, Lakshmi; Coulson, Edward - In: Journal of Housing Economics 22 (2013) 1, pp. 36-44

At the national level, business starts and housing prices both fell dramatically over the 2007–2009 period. Using a proprietary database of business starts this paper quantitatively models the interaction between house price and business starts from 2005 to 2009. We identify the impact by...

Persistent link: https://www.econbiz.de/10010875241

House prices and misallocation: the impact of the collateral channel on productivity

Basco, Sergi; López-Rodríguez, David; Moral-Benito, …

En este documento se investiga empíricamente el impacto de la heterogeneidad en el incremento de los precios de la vivienda a nivel municipal en la ineficiente asignación del capital dentro de las industrias manufactureras. Utilizando el extraordinario boom inmobiliario que tuvo lugar en...

Persistent link: https://www.econbiz.de/10012623929