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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 …
Persistent link: https://www.econbiz.de/10013240004
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 …
Persistent link: https://www.econbiz.de/10012485491
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 …
Persistent link: https://www.econbiz.de/10012498347
Persistent link: https://www.econbiz.de/10012019526
Persistent link: https://www.econbiz.de/10013339026
Motivated by the variety of bank risk proxies, our analysis reveals that nonperforming assets are a well-suited complement to the Z-score in studies of bank risk.
Persistent link: https://www.econbiz.de/10011335365
This paper tests whether an increase in insured deposits causes banks to become more risky. We use variation introduced by the U.S. Emergency Economic Stabilization Act in October 2008, which increased the deposit insurance coverage from $100,000 to $250,000 per depositor and bank. For some...
Persistent link: https://www.econbiz.de/10010327860
Im Zuge der Finanzkrise der Jahre 2007 bis 2009 rückte die Kontroverse um staatliche Notrettungsprogramme für den Bankensektor verstärkt ins Blickfeld. Diese Programme haben das Ziel, den Finanzsektor und somit auch realwirtschaftliche Entwicklungen zu stabilisieren. Dem stehen die...
Persistent link: https://www.econbiz.de/10011566492
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 …
Persistent link: https://www.econbiz.de/10011590066
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 …
Persistent link: https://www.econbiz.de/10011595949