Narrow search
Showing 1 - 10 of 655
Cover Image
Government loan guarantees, market liquidity, and lending standards
Ahnert, Toni; Kuncl, Martin - 2022
-sponsored mortgage guarantees by Fannie Mae and Freddie Mac. …
Persistent link: https://www.econbiz.de/10013342211
Cover Image
Subprime consumer credit demand : evidence from a lender's pricing experiment
Alan, Sule; Dumitrescu, Ruxandra; Lóránth, Gyöngyi - 2011
We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. What is novel about our contribution is that we were given details of a randomized interest rate experiment conducted by the lender between October 2006 and...
Persistent link: https://www.econbiz.de/10008902391
Cover Image
Mortgage indebtedness and household financial distress
Georgarakos, Dimitris; Lojschova, Adriana; … - 2010
towards mortgage indebtedness. We find that a given debt burden creates much higher distress in countries with fewer mortgage … holders relative to countries where a significant part of households uses mortgage debt. This effect is net of ppp …. - Mortgage debt ; credit markets ; financial distress ; household finance ; peer effects …
Persistent link: https://www.econbiz.de/10003971055
Cover Image
Monetary policy transmission to mortgages in a negative interest rate environment
Amzallag, Adrien; Calza, Alessandro; Georgarakos, Dimitris - 2019
behaviour of Italian mortgage lenders using a novel loan-level dataset. When policy rates turn negative, banks with higher …
Persistent link: https://www.econbiz.de/10011975610
Cover Image
Financing constraints, employment, and labor compensation : evidence from the subprime mortgage crisis
Popov, Alexander; Rocholl, Jörg - 2015
Persistent link: https://www.econbiz.de/10011288622
Cover Image
Liquidity constraints and demand for maturity the case of mortgages
Ferrari, Alessandro; Loseto, Marco - 2023
Using administrative data on mortgages issued in Italy between 2018 and 2019, this paper estimates loan demand elasticities to maturity and interest rate. We find that households are responsive to both contract terms: a 1% decrease in interest rate increases the average loan size by 0.22%...
Persistent link: https://www.econbiz.de/10014478506
Cover Image
The great Irish (de)leveraging 2005-14
Lydon, Reamonn; McIndoe-Calder, Tara - 2017
. Notwithstanding historically low interest rates, we show that income shocks are the main factor contributing to mortgage repayment …
Persistent link: https://www.econbiz.de/10011647888
Cover Image
Mortgage indebtedness and household financial distress
Georgarakos, Dimitris; Lojschova, Adriana; … - 2010
towards mortgage indebtedness. We find that a given debt burden creates much higher distress in countries with fewer mortgage … holders relative to countries where a significant part of households uses mortgage debt. This effect is net of ppp …
Persistent link: https://www.econbiz.de/10009640403
Cover Image
Consumer savings behaviour at low and negative interest rates
Felici, Marco; Kenny, Geoff; Friz, Roberta - 2022
We study interest rates transmission to savings at low and negative rates. Exploiting cohorts of consumers from a data-rich multi-country survey, we show how the strength of interest rate transmission to savings varies with the level of nominal interest rates. This response is positive when...
Persistent link: https://www.econbiz.de/10013375223
Cover Image
Limited liability, strategic default and bargaining power
Mozzanica, Mirco Balatti; López-Quiles, Carolina - 2021
In this paper we examine the effects of limited liability on mortgage dynamics. While the literature has focused on …
Persistent link: https://www.econbiz.de/10012422423