Publications
Detailed Information
Housing Price Risks and Lending Behavior of Banks before and after the 2008 Financial Crisis
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Joh, Sung Wook | - |
dc.contributor.author | Jeong, Seongjun | - |
dc.date.accessioned | 2024-01-15T01:09:40Z | - |
dc.date.available | 2024-01-15T01:09:40Z | - |
dc.date.created | 2024-01-09 | - |
dc.date.issued | 2022 | - |
dc.identifier.citation | 재무연구, Vol.35 No.2, pp.37-72 | - |
dc.identifier.issn | 1229-0351 | - |
dc.identifier.uri | https://hdl.handle.net/10371/198897 | - |
dc.description.abstract | As high volatility in asset values can affect collateral values negatively and increase the likelihood of defaults by loan borrowers, facing high price risks in housing markets, banks need to lower risk exposures and reduce loans. Our analysis of US www.earticle.net commercial banks shows that banks with higher housing price risks provided fewer loans secured by residential properties before the 2008 financial crisis. These results suggest that banks consider housing price risks when making loan decisions. However, banks with higher housing price risks that were significantly reliant on wholesale funding provided more residential loans, suggesting that they take more risks to improve their short-term performance which can compensate for cost of wholesale funding. | - |
dc.language | 영어 | - |
dc.publisher | 한국재무학회 | - |
dc.title | Housing Price Risks and Lending Behavior of Banks before and after the 2008 Financial Crisis | - |
dc.type | Article | - |
dc.identifier.doi | 10.37197/ARFR.2022.35.2.2 | - |
dc.citation.journaltitle | 재무연구 | - |
dc.identifier.scopusid | 2-s2.0-85136984407 | - |
dc.citation.endpage | 72 | - |
dc.citation.number | 2 | - |
dc.citation.startpage | 37 | - |
dc.citation.volume | 35 | - |
dc.identifier.kciid | ART002843402 | - |
dc.description.isOpenAccess | N | - |
dc.contributor.affiliatedAuthor | Joh, Sung Wook | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.subject.keywordAuthor | Financial Crisis | - |
dc.subject.keywordAuthor | Housing Price Risks | - |
dc.subject.keywordAuthor | Price Volatility | - |
dc.subject.keywordAuthor | Residential Loans | - |
dc.subject.keywordAuthor | Risk Taking | - |
dc.subject.keywordAuthor | Wholesale Funding | - |
- Appears in Collections:
- Files in This Item:
- There are no files associated with this item.
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.