We quantify the housing-consumption channel in mortgage demand according to which households borrow more following … a structural approach to mortgage demand and supply, exploiting exogenous variation in house-price growth and a unique … dataset with matched transactionprice and mortgage information. We estimate an elasticity of mortgage borrowing to house …

This paper presents a framework for estimating losses in the residential real estate mortgage portfolios of German …-trigger hypothesis of mortgage defaults. In order to analyse the possible credit losses stemming from residential mortgage lending we … to 2020 for the whole German banking sector. Our results show that loss rates in the residential mortgage portfolios of …

separate trends: a sharp fall in the asset acquisition of American households in the 1990s, and an explosion of mortgage … that the American credit boom of the 2000s had few direct links to reserve accumulation in emerging markets. The mortgage …

Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To …