This paper investigates the link between mortgage supply shocks at the banklevel and regional house price growth in the … U.S. using micro-level data on mortgage markets from the Home Mortgage Disclosure Act for the 1990-2014 period. Our … results suggest that bank-specific mortgage supply shocks indeed affect house price growth at the regional level. The larger …

In this paper we examine the role of mortgage equity withdrawal in explaining the decline of the US saving rate, since … when house prices rise and mortgage rates are low, homeowners have an incentive to withdraw housing equity and this may … withdrawal and interest rates and find that indeed mortgage equity withdrawal is a key determinant of the observed saving pattern …

This paper provides evidence for the propagation of idiosyncratic mortgage supply shocks to the macroeconomy. Based on … micro-level data from the Home Mortgage Disclosure Act for the 1990-2016 period, our results suggest that lender …-specific mortgage supply shocks affect aggregate mortgage, house price, and employment dynamics at the regional level. The larger the …

Autoregressiven Distributed Lag (ARDL)-Ansatzes werden Tests auf Kointegration der genannten Variablen durchgeführt. Nach Schätzungen … ; Kreditvolumen ; Kointegration …

July 2010. The empirical findings indicate that the stochastic properties of the two series are such that cointegration …

size of the bubble, the house price evolution is investigated by panel cointegration techniques. Evidence is based on a … dataset for 35 major cities. Cointegration is detected between real house prices and a set of macroeconomic determinants …. -- Chinese economy ; panel cointegration ; house price bubbles …

of money demand. This presumption is explored by means of a cointegration analysis. To separate income from wealth … survive a battery of specification tests. -- Cointegration analysis ; error correction ; money demand ; financial wealth …