I develop a structural model of mortgage demand and lender competition to study how leverage regulation affects the … equilibrium in the UK mortgage market. Using variation in risk-weighted capital requirements across lenders and across mortgages … increases the interest rate by 10 percent for the average mortgage product. The estimated model implies that heterogeneous …

relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … inequality in the four countries correspond to their mortgage take up rates and its distribution across income, reflecting the … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …

relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … inequality in the four countries correspond to their mortgage take up rates and its distribution across income, reflecting the … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …

debt. It estimates a random effects probit model for the probability of households having mortgage payment problems. It is … ratios and having a heavy burden of unsecured debt are all associated with a significantly higher probability of mortgage … lower probability of mortgage payment problems. The only non-household-specific variable to have a significant effect is …

firms and their creditors. Due to this, the capital structure of micro firms is biased towards mortgage loans, as it allows … them to avoid bankruptcy by carrying out debt enforcement via mortgage foreclosures, which are cheaper procedures than … (choice of capital structure, choice between bankruptcy and mortgage) of Spanish firms with those of firms from countries …

relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … inequality in the four countries correspond to their mortgage take up rates and its distribution across income, reflecting the … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …