The Resource Exposure to real estate losses : evidence from the U.S. banks, prepared by Deniz Igan and Marcelo Pinheiro, (electronic resource)

Exposure to real estate losses : evidence from the U.S. banks, prepared by Deniz Igan and Marcelo Pinheiro, (electronic resource)

Label
Exposure to real estate losses : evidence from the U.S. banks
Title
Exposure to real estate losses
Title remainder
evidence from the U.S. banks
Statement of responsibility
prepared by Deniz Igan and Marcelo Pinheiro
Creator
Contributor
Provider
Subject
Language
eng
Summary
We implement a three-step procedure to assess the extent of exposure to real estate in commercial banks. First, we demonstrate interest rates and income to be the major determinants of delinquency. Then, we adopt a stress testing approach to calculate the impact of any adverse changes in these determinants. This suggests that a 1.3 percentage point increase in mortgage interest rate leads to a 20 percent decrease in a typical bank's distance to default. Finally, we look at the cross-sectional differences and indentify the banks with rapid loan growth along with high cost-income ratio as the most vulnerable
Member of
Cataloging source
CUS
http://library.link/vocab/creatorName
Igan, Deniz
Government publication
international or intergovernmental publication
Index
no index present
LC call number
HG3810
Literary form
non fiction
Nature of contents
  • standards specifications
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • ebrary
  • Pinheiro, Marcelo
Series statement
IMF working paper
Series volume
WP/09/79
http://library.link/vocab/subjectName
  • Real estate investment
  • Real property
  • Real estate investment
  • Real property
  • United States
Label
Exposure to real estate losses : evidence from the U.S. banks, prepared by Deniz Igan and Marcelo Pinheiro, (electronic resource)
Instantiates
Publication
Note
  • At head of title: Research Department
  • "April 2009."
Bibliography note
Includes bibliographical references
Color
multicolored
Dimensions
unknown
Extent
1 online resource (33 p.)
Form of item
electronic
Other physical details
ill. (some col.)
Specific material designation
remote
System control number
  • (OCoLC)550641065
  • (OCoLC)ocn550641065
Label
Exposure to real estate losses : evidence from the U.S. banks, prepared by Deniz Igan and Marcelo Pinheiro, (electronic resource)
Publication
Note
  • At head of title: Research Department
  • "April 2009."
Bibliography note
Includes bibliographical references
Color
multicolored
Dimensions
unknown
Extent
1 online resource (33 p.)
Form of item
electronic
Other physical details
ill. (some col.)
Specific material designation
remote
System control number
  • (OCoLC)550641065
  • (OCoLC)ocn550641065

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