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We study whether and how EU banks comply with tighter macroprudential policy (MPP). Observing contractual details for more than one million securitized loans, we document an elusive risk-shifting response by EU banks in reaction to tighter loan-to-value (LTV) restrictions between 2009 and 2022....
Persistent link: https://www.econbiz.de/10015202644
This paper investigates the link between mortgage supply shocks at the bank level 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/10012963620
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 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/10011595488
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/10011589399
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
We study whether and how EU banks comply with tighter macroprudential policy (MPP). Observing contractual details for more than one million securitized loans, we document an elusive risk-shifting response by EU banks in reaction to tighter loan-to-value (LTV) restrictions between 2009 and 2022....
Persistent link: https://www.econbiz.de/10015202318