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centuries. A mortgage allowed a loan to be secured with land or other property, and the practice has been linked to the … transformation of the agrarian economy that paved the way for modern economic growth. Historians have viewed the mortgage both … variety of forms that the mortgage took, and show how an intricate balance was struck between the interests of the borrower …
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The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) jointly organised a workshop on property markets and financial stability in Singapore on 5 September 2011. The workshop aimed to bring together academics and researchers at central banks, regulatory...
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We model mortgage refinancing as a bargaining game involving the borrowing household, the incumbent lender, and an … correlated with the number of local branches and negatively correlated with local mortgage market concentration. Moreover … mitigated if their current mortgage lender has a branch locally. …
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On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
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The internal organization of global banks potentially plays a vital role in the transmission of shocks both within and across borders. The analysis of this transmission is of importance for regulators and policy makers. In this paper, we investigate how solvency and wholesale funding shocks to...
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This paper investigates the risk-taking channel of monetary policy on the asset side of banks' balance sheets. We use a factor-augmented vector autoregression (FAVAR) model to show that aggregate lending standards of U.S. banks, e.g. their collateral requirements for firms, are significantly...
Persistent link: https://www.econbiz.de/10010485247