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 … then use the model to run a top-down stress test and simulate losses on the individual bank level for the years from 2018 …

the main mortgage. Second, we examine the role of legal and economic institutions in accounting for these differences. We … youngest group of households borrow lower amounts (conditional on borrowing), and the mortgage interest rates paid by low …

hypothetical activation shows that the introduction of a cap on the loan-to-value (LTV) ratio of new mortgage loans in Germany …

- built upon a rich, non-linear dependence structure for interconnected bank portfolios. Incorporating numerous sector … model-based combined requirements range between 6.3% and 27.2% of credit RWA depending on the bank. A comparison with the …

Have bank regulatory policies and unconventional monetary policies - and any possible interactions - been a factor … behind the recent "deglobalisation" in cross-border bank lending? To test this hypothesis, we use bank-level data from the … capital requirements tend to reduce international bank lending and some forms of unconventional monetary policy can amplify …

commonly used: central bank liquidity injections and asset swaps. I find that liquidity injections lead to a short run …