This paper analyzes the problems of credit risk modeling of residential mortgage lending in Russia. Using unique … mortgage loan and macro data from a regional branch of the Agency of Home Mortgage Lending (2008-2012), we find that borrower … and mortgage loan characteristics affect the loan performance and play an important role in predicting default as well as …

This paper analyzes the mortgage borrowing process from a Russian state-owned provider of residential housing mortgages …

prudential regulation in Russia, which could, if being implemented, positively affect the loan quality of both banks that are …

This paper investigates the distribution of relative credit losses given mortgage default for loans provided by a major …) led to a discontinuity in relative credit loss given mortgage default. Through regression analysis, we demonstrate … allowing the segmentation of loans according their credit risk. In addition, our results suggest that mortgage insurance is a …

high-stake accountability reforms in Russia. We examine school capacity in the top-down implementation of performance …-related pay (PRP) in Russia. We consider two cases of collaboration between schools and local employers that are either highly or …