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You are looking at 1-16 of 16 items for:

Banking x Urban, Rural, and Regional Economics x clear all

Bank size or distance: what hampers innovation adoption by SMEs?

Pietro Alessandrini, Andrea F. Presbitero and Alberto Zazzaro.

in Journal of Economic Geography

November 2010; p ublished online December 2009 .

Journal Article. Subjects: Technological Change; Research and Development; Mergers and Acquisitions; Regional Government Analysis; Banking. 17437 words.

A growing body of research is focusing on banking organizational issues, emphasizing the difficulties encountered by the hierarchically organized banks in lending informationally opaque...

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Can “High Costs” Justify Weak Demand for the Home Equity Conversion Mortgage?

Thomas Davidoff.

in The Review of Financial Studies

August 2015; p ublished online March 2015 .

Journal Article. Subjects: National Government Expenditures and Related Policies; Economics; Demographic Economics; Public Economics; Banking; Household Analysis. 15226 words.

Home Equity Conversion Mortgages (“HECMs”) implicitly bundle nondefaultable credit lines with put options that let borrowers, or their heirs, sell mortgaged homes for the credit line limit...

Did Dubious Mortgage Origination Practices Distort House Prices?

John M. Griffin and Gonzalo Maturana.

in The Review of Financial Studies

July 2016; p ublished online March 2016 .

Journal Article. Subjects: Banking; Financial Institutions and Services; Housing Markets, Production Analysis, and Business Location. 16480 words.

ZIP codes with high concentrations of originators who misreported mortgage information experienced a 75% larger relative increase in house prices from 2003 to 2006 and a 90% larger relative...

Distance and Modern Banks’ Lending to SMEs: Ethnographic Insights from a Comparison of Regional and Large Banks in Germany

Franz Flögel.

in Journal of Economic Geography

January 2018; p ublished online July 2017 .

Journal Article. Subjects: Banking; Information, Knowledge, and Uncertainy; Regional Government Analysis. 11075 words.

Abstract

By lending at a shorter functional distance, regional banks are associated with enhanced access to soft information compared with large banks, thus...

Do Exposures to Sagging Real Estate, Subprime, or Conduits Abroad Lead to Contraction and Flight to Quality in Bank Lending at Home?

Steven Ongena, Günseli Tümer–Alkan and Natalja von Westernhagen.

in Review of Finance

July 2018; p ublished online April 2018 .

Journal Article. Subjects: Economics; Banking; Urban, Rural, and Regional Economics. 14203 words.

Abstract

We investigate how differential exposures by German banks to the US real-estate market affect domestic lending in Germany when home prices started to...

The Effect of Negative Equity on Mortgage Default: Evidence From HAMP’s Principal Reduction Alternative

Therese C. Scharlemann and Stephen H. Shore.

in The Review of Financial Studies

October 2016; p ublished online June 2016 .

Journal Article. Subjects: Banking; Housing Markets, Production Analysis, and Business Location. 15010 words.

The Home Affordable Modification Program’s (HAMP’s) Principal Reduction Alternative (PRA) is a government-sponsored program to reduce the principal balances and monthly mortgage payments of...

Global banking and local markets: a national perspective

Pietro Alessandrini, Andrea F. Presbitero and Alberto Zazzaro.

in Cambridge Journal of Regions, Economy and Society

July 2009; p ublished online April 2009 .

Journal Article. Subjects: Mergers and Acquisitions; Urban, Rural, and Regional Economics; Banking; Regional Government Analysis. 10094 words.

In the early 1990s, a widely shared opinion among scholars and practitioners was that the importance of physical proximity between banks and borrowers would be doomed to decrease...

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Immigrant banking and financial exclusion in Greater Boston

Pascale Joassart-Marcelli and Philip Stephens.

in Journal of Economic Geography

November 2010; p ublished online November 2009 .

Journal Article. Subjects: Household Behaviour and Family Economics; Demographic Economics; Urban, Rural, and Regional Economics; Banking. 12205 words.

Immigrants' lack of financial integration has been explained by individual characteristics including education, income, legal status and English ability, with little attention given to the...

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Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class

Manuel Adelino, Antoinette Schoar and Felipe Severino.

in The Review of Financial Studies

July 2016; p ublished online March 2016 .

Journal Article. Subjects: Housing Markets, Production Analysis, and Business Location; Microeconomics; Banking. 15466 words.

This paper highlights the importance of middle-class and high-FICO borrowers for the mortgage crisis. Contrary to popular belief, which focuses on subprime and poor borrowers, we show that...

The local geographies of the financial crisis: from the housing bubble to economic recession and beyond

Ron Martin.

in Journal of Economic Geography

July 2011; p ublished online June 2010 .

Journal Article. Subjects: Housing Markets, Production Analysis, and Business Location; Urban, Rural, and Regional Economics; International Financial Markets; Banking; Household Analysis. 13962 words.

The recent financial crisis, with its origins in the collapse of the sub-prime mortgage boom and house price bubble in the USA, is a shown to have been a striking example of...

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Mortgage Market Design*

John Y. Campbell.

in Review of Finance

January 2013; p ublished online October 2012 .

Journal Article. Subjects: Housing Markets, Production Analysis, and Business Location; Banking; Household Analysis. 11456 words.

This article explores the causes and consequences of cross-country variation in mortgage market structure. It draws on insights from several fields: urban economics, asset pricing,...

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Recourse and Residential Mortgage Default: Evidence from US States

Andra C. Ghent and Marianna Kudlyak.

in The Review of Financial Studies

September 2011; p ublished online June 2011 .

Journal Article. Subjects: Money and Interest Rates; Banking; Financial Regulation; Property Law; Household Analysis. 22052 words.

We quantify the effect of recourse on default and find that recourse affects default by lowering the borrower's sensitivity to negative equity. At the mean value of the default option for...

Securitization and Mortgage Renegotiation: Evidence from the Great Depression

Andra C. Ghent.

in The Review of Financial Studies

June 2011; p ublished online April 2011 .

Journal Article. Subjects: Banking; History of Financial Markets and Institutions; Housing Markets, Production Analysis, and Business Location. 13480 words.

We use loan-level data from the New York City metropolitan area to examine the extent to which lenders attempted to prevent foreclosures with concessionary modifications during the Great...

Small Banks and Local Economic Development

Hendrik Hakenes, Iftekhar Hasan, PhilIP Molyneux and Ru Xie.

in Review of Finance

March 2015; p ublished online February 2014 .

Journal Article. Subjects: Banking; Economic Development; Urban, Rural, and Regional Economics. 11023 words.

This article discusses the effects of small banks on economic growth. We first theoretically show that small banks operating at a regional level can spur local economic growth. As compared...

Spillovers in Local Banking Markets

Mark J. Garmaise and Gabriel Natividad.

in The Review of Corporate Finance Studies

September 2016; p ublished online July 2016 .

Journal Article. Subjects: Banking; Information, Knowledge, and Uncertainy; Financial Regulation; Housing Markets, Production Analysis, and Business Location. 11153 words.

How are neighboring firms affected when a bank learns more about a given firm? We analyze exchange-rate-induced movements of Peruvian firms across a threshold that governs their regulatory...

Who Facilitated Misreporting in Securitized Loans?

John M. Griffin and Gonzalo Maturana.

in The Review of Financial Studies

February 2016; p ublished online January 2016 .

Journal Article. Subjects: Banking; Financial Institutions and Services; Housing Markets, Production Analysis, and Business Location. 12974 words.

This paper examines apparent fraud among securitized nonagency loans using three indicators: unreported second liens, owner occupancy misreporting, and appraisal overstatements. We find...