| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9136 |
| DP9136 How Do Regulators Influence Mortgage Risk? Evidence from an Emerging Market | |
| John Y Campbell; Benjamin Ranish | |
| 发表日期 | 2012-09-16 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | To understand the effects of regulation on mortgage risk, it is instructive to track the history of regulatory changes in a country rather than to rely entirely on cross-country evidence that can be contaminated by unobserved heterogeneity. However, in developed countries with fairly stable systems of financial regulation, it is difficult to track these effects. We employ loan-level data on over a million loans disbursed in India over the 1995 to 2010 period to understand how fast-changing regulation impacted mortgage lending and risk. We find evidence that regulation has important effects on mortgage rates and delinquencies in both the time-series and the cross-section. |
| 主题 | Development Economics ; Financial Economics ; Public Economics |
| 关键词 | Delinquencies Emerging markets India Mortgage finance Regulation |
| URL | https://cepr.org/publications/dp9136 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537970 |
| 推荐引用方式 GB/T 7714 | John Y Campbell,Benjamin Ranish. DP9136 How Do Regulators Influence Mortgage Risk? Evidence from an Emerging Market. 2012. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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