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We investigate the relationship between real estate markets and bank distress among German universal and specialized … bank distress (PDs). But higher prices at given rents may also indicate excessive expectations regarding the present value … real estate exposures amplify this effect. Rising real estate price levels alone reduce bank PDs, but only for banks with …
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We investigate the relationship between real estate markets and bank distress among German universal and specialized … bank distress (PDs). But higher prices at given rents may also indicate excessive expectations regarding the present value … real estate exposures amplify this effect. Rising real estate price levels alone reduce bank PDs, but only for banks with …
Persistent link: https://www.econbiz.de/10012989268
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This paper investigates the credit channel in Germany and the United Kingdom. The financial systems of these two countries show substantial structural differences, which leads one to expect that their real sectors respond differently to changes in monetary policy. To the extent that this is the...
Persistent link: https://www.econbiz.de/10010301764
derzeitigen Verlangsamung des Wirtschaftswachstums in Deutschland bei. Insbesondere kleinere Firmen sind hiervon betroffen …
Persistent link: https://www.econbiz.de/10011691968