| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18394 |
| 来源ID | Working Paper 18394 |
| How Do Regulators Influence Mortgage Risk: Evidence from an Emerging Market | |
| John Y. Campbell; Tarun Ramadorai; Benjamin Ranish | |
| 发表日期 | 2012-09-13 |
| 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 use cross-sectional differences in the time- series variation of delinquency rates, conditional on initial interest rates, to detect the effects of regulation on mortgage delinquencies. |
| 主题 | Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w18394 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576071 |
| 推荐引用方式 GB/T 7714 | John Y. Campbell,Tarun Ramadorai,Benjamin Ranish. How Do Regulators Influence Mortgage Risk: Evidence from an Emerging Market. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18394.pdf（223KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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