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We analyze a model of mortgage markets, housing tenure choice, heterogeneous agents, and default with closed form solutions. We uncover new insights which may inspire empirical work, and we ground already-established insights in a series of tractable expressions. Then we study optimal LTV...
Persistent link: https://www.econbiz.de/10012972322
capital adequacy ratios have remained unchanged. Off-balance sheet transactions using lower credit quality assets to … Bank's expansion of arbitraged credit lines into high risk areas has forced the bank to increase Treasury assets 100 …
Persistent link: https://www.econbiz.de/10013033802
credit risk to U.S. depository institutions and investors. Further, the full extent of the risk posed by leveraged loans as …-documented credit risk posed by leverage loans, KBRA believes that the widespread practice of participating shares of leveraged loans …
Persistent link: https://www.econbiz.de/10013040081
as their longer terms, larger amounts, and multiple payments), the longer time to fund and the required minimum credit …
Persistent link: https://www.econbiz.de/10013065484
as (i) transaction prices do not compensate for credit risks; (ii) banks fund the NPL transactions and remain responsible …
Persistent link: https://www.econbiz.de/10013247170
stabilization by curbing credit growth ("leaning against the financial cycle") is limited. Among the different types of …
Persistent link: https://www.econbiz.de/10011477323
billion to examine whether the fintech lending platform could expand credit access to consumers. We find that LendingClubâ …
Persistent link: https://www.econbiz.de/10011891828
This paper evaluates the imposition of caps on microcredit lending rates through directed credit policies for …
Persistent link: https://www.econbiz.de/10012285081
regulations over this period, we find some evidence that macroprudential policies are associated with lower credit growth …
Persistent link: https://www.econbiz.de/10012959589
-term financing (called "investment credit" at that time). First, I describe the new institutions that were built after WWII to … organize credit allocation. I especially highlight the role of the central bank through the National Credit Council. I then use … a newly constructed database that matches the amount of credit (that had to be registered at the Banque of France) in 49 …
Persistent link: https://www.econbiz.de/10013076880