해외동향 | Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications | 한국금융연구원

[LHKOREA]

2016-12-27 일자 [제 16-96 호]

Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications
NBER (2016-12-27)

The reallocation of mortgage debt to low-income or marginally qualified borrowers plays a central role in many explanations of the early 2000s housing boom. We show that such a reallocation never occurred, as the distribution of m ..  more

Does Gross or Net Debt Matter More for Emerging Market Spreads?
IMF (2016-12-26)

Does gross or net debt matter for long-term sovereign spreads in emerging markets? The topic is important for undestanding the borrowing cost implications of public assetliability management decisions (e.g. using assets to lower d ..  more

The Volcker Rule and Market-Making in Times of Stress
FRB (2016-12-26)

Focusing on downgrades as stress events that drive the selling of corporate bonds, we document that the illiquidity of stressed bonds has increased after the Volcker Rule. Dealers regulated by the Rule have decreased their market- ..  more

제 목	발행기관	발행일자
How might China react to Trump on trade in 2017? Here are some of Beijing's options	AEI	16-12-26
Middle Class Retirement Accounts at Record Levels. Low-Income Households Still Saving Little.	AEI	16-12-26
Way to grow: How Senior Solution seized FinTech's potential	AEI	16-12-26
Changing stripes: Four things issuers need to know about EMV migration	BAI	16-12-26
Monetary Policy, Trend Inflation and Unemployment Volatility	Bank of Brazil	16-12-26
Non-Bank Investors and Loan Renegotiations	Bank of Canada	16-12-26
Downward Wage Rigidities in the Mexican Labor Market 1996-2011	Bank of Mexico	16-12-26
A Critical Review of the US State Department's 2015 Progress Report on Haiti	CEPR	16-12-26
A Look Under the Hood: How Banks Use Credit Default Swaps	FRB	16-12-26
Does Hedging with Derivatives Reduce the Market's Perception of Credit Risk?	FRB	16-12-26
Fewer but Better: Sudden Stops, Firm Entry, and Financial Selection	FRB	16-12-26
The Effect of Banks' Financial Position on Credit Growth: Evidence from OECD Countries	FRB	16-12-26
The Volcker Rule and Market-Making in Times of Stress	FRB	16-12-26
Where Should Online Peer-to-Peer Markets Thrive?	FRB	16-12-26
New Global Events Lead to More Uncertainty	FRB of Dallas	16-12-26
Financial Vulnerability and Monetary Policy	FRB of New York	16-12-26
Distribution-led Growth through Methodological Lenses	Levy	16-12-27
A Structural Analysis of the Effects of the Great Recession on Retirement and Working Longer by Members of Two-Earner Households	NBER	16-12-27
Asset Managers: Institutional Performance and Smart Betas	NBER	16-12-27
Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications	NBER	16-12-27
Public Sector Personnel Economics: Wages, Promotions, and the Competence-Control Trade-off	NBER	16-12-27
Regional Distribution and Dynamics of Human Capital in China 1985-2014: Education, Urbanization, and Aging of the Population	NBER	16-12-27
The Economic Structure of International Trade-in-Services Agreements	NBER	16-12-27

제 목	발행기관	발행일자
Does partisan conflict impact the cash holdings of firms? A sign restrictions approach	Bank of England	16-12-26
Banks as corporate monitors: Evidence from CEO turnovers in China	Bank of Finland	16-12-26
Testing the Q theory of investment in the frequency domain	Bank of Finland	16-12-26
Disaster Risk and Preference Shifts in a New Keynesian Model	Bank of France	16-12-26
Optimal Monitoring of Long-Term Loan Contracts	Bank of France	16-12-26
The politics of central bank independence	Bank of Netherlands	16-12-26
Research News 2016	Bank of Sweden	16-12-26
Assessing the impact of housing costs on HICP inflation	ECB	16-12-26
Impact of the November 2016 OPEC agreement on the oil market	ECB	16-12-26
Liquidity conditions and monetary policy operations in the period from 27 July to 25 October 2016	ECB	16-12-26
Looking back at OTC derivative reforms-objectives, progress and gaps	ECB	16-12-26
Review of draft budgetary plans for 2017 and the budgetary situation for the euro area as a whole	ECB	16-12-26
Structural indicators of the euro area business environment	ECB	16-12-26
The Household Finance and Consumption Survey: methodological report for the second wave	ECB	16-12-26
The Household Finance and Consumption Survey: results from the second wave	ECB	16-12-26
Monetary Policy Credibility and the Comovement between Stock Returns and Inflation	National Bank of Belgium	16-12-26
The impact of export promotion on export market entry	National Bank of Belgium	16-12-26
Cyclical Capital Regulation and Dynamic Bank Behaviour	Norges Bank	16-12-26
Do central banks respond timely to developments in the global economy?	Norges Bank	16-12-26
Nowcasting using news topics. Big Data versus big bank	Norges Bank	16-12-26
Words are the new numbers: A newsy coincident index of business cycles	Norges Bank	16-12-26
A Portfolio Model of Quantitative Easing	Swiss National Bank	16-12-26
Price change dispersion and time-varying pass-through to consumer prices	Swiss National Bank	16-12-26
Securitisation, loan growth and bank funding: the Swiss experience since 1932	Swiss National Bank	16-12-26

제 목	발행기관	발행일자
Determinants of Tenure Choice in Japan: What Makes You a Homeowner?	ADBI	16-12-26
Trade, Infrastructure, and Development	ADBI	16-12-26
Slow Trade: Structural and Cyclical Factors in Global Trade Slowdown	Bank of Japan	16-12-26
Credit Default Swaps, Exacting Creditors and Corporate Liquidity Management	HKIMR	16-12-26
Effects of Monetary Policy Shocks on Exchange Rate in Emerging Countries	HKIMR	16-12-26
Productivity Growth and the Structure of Production	JETRO	16-12-27
Industrial Structure in Urban Accounting	RIETI	16-12-27

제 목	발행기관	발행일자
The Economics of Greenhouse Gas Mitigation in Developing Asia	ADB	16-12-26
Bank networks: contagion, systemic risk and prudential policy	BIS	16-12-26
Banking industry dynamics and size-dependent capital regulation	BIS	16-12-26
Did the founding of the Federal Reserve affect the vulnerability of the interbank system to contagion risk?	BIS	16-12-26
Lost and Found : Market Access and Public Debt Dynamics	IMF	16-12-27
Capital Account Openness in Low-income Developing Countries : Evidence from a New Database	IMF	16-12-26
China's Rising IQ (Innovation Quotient) and Growth : Firm-level Evidence	IMF	16-12-26
Does Gross or Net Debt Matter More for Emerging Market Spreads?	IMF	16-12-26
Financial Information and Macroeconomic Forecasts	IMF	16-12-26
The Effects of Monetary Policy Shocks on Inequality	IMF	16-12-26
Labor drops : experimental evidence on the return to additional labor in microenterprises	World Bank	16-12-27

제 목	발행기관	발행일자
Investors Flood Bets on Rising Rates	AWSJ	16-12-27
Trump's Financial Deregulation Might Be Bad News for Banks After All	AWSJ	16-12-27
Dollar's Rise Threatens Manufacturing Recovery	AWSJ	16-12-26
Surging Buybacks Say Stock Boom Isn't Over	AWSJ	16-12-26
Odd Lots: These Were the Most Interesting Stories of 2016	Bloomberg	16-12-27
Super Mario Run No Longer Highest Grossing App in Any Country	Bloomberg	16-12-27
Israeli Opposition Leaders Blast Netanyahu After UN Vote	Bloomberg	16-12-26
Turkey Pledges to Work for Syria Cease-Fire in Mediator Role	Bloomberg	16-12-26
Indian business prepares to tap into Aadhaar, a state-owned fingerprint-identification system	Economist	16-12-23
Japanese banks grapple with ultra-low interest rates	Economist	16-12-23
Recession emboldens Argentina's opposition	Economist	16-12-23
Thomas Schelling, economist and nuclear strategist, died on December 13th, aged 95	Economist	16-12-23
What not to expect in 2017	Economist	16-12-23
Modi to crank up campaign against India's black money	FT	16-12-27
The Boxing Day shopping expedition loses its allure	FT	16-12-27
China lease renewals ease homeowner fears	FT	16-12-26
Monte dei Paschi shortfall hits euro8bn, says ECB	FT	16-12-26