Johansen cointegration technique which is appropriate for empirical testing based on time series. The empirical results suggest …

policy. We look for this special role by examining the business strategies of banks as it relates to mortgage funding and … mortgage lending. "Traditional banks" have a large supply of excess core deposits and specialize in information …-intensive lending to borrowers (which is proxied here using mortgage lending in subprime communities), whereas "market-based banks" are …