We study the exposure of mortgage borrowers in Switzerland to interest rate, income and house price risks and examine … analysis is based on a unique data set of household mortgage applications from September 2012 until January 2014. Our … assessment of risk exposure among mortgage borrowers in Switzerland is highly sensitive to the underlying assumptions on mortgage …

, we document the association between house prices and homeownership at age thirty. We then use synthetic cohort methods to …

We construct a new measure of mortgage credit availability that describes the maximum amount obtainable by a borrower … of given characteristics. We estimate this "loan frontier" using mortgage originations data from 2001 to 2014 and show … that it reflects a binding borrowing constraint. Our estimates reveal that the expansion of mortgage credit during the …

matches the wealth distribution; the age profiles of consumption, homeownership, and mortgage debt; and data on the frequency … maximum borrowing limit, and housing investment, homeownership, and household debt closely track aggregate productivity. In … investment, and for the procyclical behavior of household debt. The authors use a calibrated version of their model to ask the …

wealth distribution, the age profiles of homeownership and mortgage debt, and the frequency of housing adjustment. In the … time-series, the model matches the procyclicality and volatility of housing investment, and the procyclicality of mortgage … of housing investment, the reduced procyclicality of mortgage debt, and a small fraction of the reduced volatility of GDP …

matches the wealth distribution; the age profiles of consumption, home-ownership, and mortgage debt; and data on the frequency … borrowing limit, and housing investment, home-ownership, and household debt closely track aggregate productivity. In the late … investment, and for the pro-cyclical behavior of household debt. The authors use a calibrated version of their model to ask the …

Although the close empirical relationship between the evolution of mortgage lending and housing prices is well … relationship that we identify as a mortgage loan demand equation, indicate that housing prices do not adjust to disequilibria in … the market for housing loans. This suggests that in the long run the causation does not run from mortgage lending to …

decisively on prevailing loan-to-value (LTV) ratios in mortgage markets with borrowing constrained households. Utilizing a smooth … housing sector in times of high LTV ratios, which, through changes in mortgage lending and mortgage equity withdrawals (MEWs …

!reased demand for mortgage loans is caused by substitution from other forms of consumercredit. Contrary to results reported in the …