Showing 1 - 10 of 558
17 advanced economies since 1870. The new data show that the share of mortgages on banks' balance sheets doubled in the … course of the 20th century, driven by a sharp rise of mortgage lending to households. Household debt to asset ratios have … risen substantially in many countries. Financial stability risks have been increasingly linked to real estate lending booms …
Persistent link: https://www.econbiz.de/10013032225
banks during the slump of the real economy that followed the financial crisis. In particular, we seek to quantify the …
Persistent link: https://www.econbiz.de/10013316038
which regularly queries the firms' assessment of the current willingness of banks to extend credit we estimate the … business expectations. After controlling for the banks' refinancing costs, which are also likely to affect the supply of loans …
Persistent link: https://www.econbiz.de/10013094402
which regularly queries the firms’ assessment of the current willingness of banks to extend credit we estimate the … business expectations. After controlling for the banks’ refinancing costs, which are also likely to affect the supply of loans …
Persistent link: https://www.econbiz.de/10008498992
Although oil price shocks have long been viewed as one of the leading candidates for explaining U.S. recessions, surprisingly little is known about the extent to which oil price shocks explain recessions. We provide a formal analysis of this question with special attention to the possible role...
Persistent link: https://www.econbiz.de/10012997161
This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank …, and that their sovereign partially backs up any losses, should the banks not be able to repurchase the bonds. I argue that …
Persistent link: https://www.econbiz.de/10013076729
This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank …, and that their sovereign partially backs up any losses, should the banks not be able to repurchase the bonds. I argue that …
Persistent link: https://www.econbiz.de/10010877795
This paper contributes to the GDP-consumption co-movement puzzle literature investigating the role of tax evasion in explaining the consumption path after a Marginal Efficiency of Investment shock. We use an otherwise standard medium-scale New Keynesian DSGE model combining tax evasion with...
Persistent link: https://www.econbiz.de/10012984510
17 advanced economies since 1870. The new data show that the share of mortgages on banks’ balance sheets doubled in the … course of the 20th century, driven by a sharp rise of mortgage lending to households. Household debt to asset ratios have … risen substantially in many countries. Financial stability risks have been increasingly linked to real estate lending booms …
Persistent link: https://www.econbiz.de/10010948836
The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international …
Persistent link: https://www.econbiz.de/10008583712