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This paper looks at the relation between mortgage credit and housing values. It has become conventional wisdom in … tested as of yet. The paper uses the Johansen procedure to estimate a long run relationship between mortgage credit and … different housing price variables are estimated. It is found that mortgage credit is weakly exogenous. Impulse …
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rates and house prices. Some Chinese banks, especially the Bank of China, have been exposed to the US mortgage … mortgage defaults than their western counterparts because house buyers are mainly urban and high income residents who are …
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in 2007 and, in each case, was accompanied by a rapid expansion of financing — mortgage lending and mortgage …
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Die vorliegende Studie wurde im Arbeitsbereich "Konjunktur und Finanzmärkte" erstellt und im Dezember 2005 …Die vorliegende Studie wurde im Arbeitsbereich ""Konjunktur und Finanzmärkte"" erstellt und im Dezember 2005 …
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main contribution of this chapter is the incorporation of some aspects of financial modelling (mortgage backed securities … due to the different structure of mortgage contracts in both countries. The main contribution of this chapter is the …
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