期刊論文
| 學年 | 100 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2012-06-01 |
| 作品名稱 | A Note on the Emergency Homeowners' Loan Program: Modeling Bank Equity Volatility |
| 作品名稱（其他語言） | |
| 著者 | Tsai, Jeng-Yan |
| 單位 | 淡江大學國際企業學系 |
| 出版者 | 新北市：淡江大學 |
| 著錄名稱、卷期、頁數 | International Journal of Information and Management Sciences 23(2), pp.149-157 |
| 摘要 | Previous research on housing policy has emphasized helping homeowners meet their mortgage payments. No attempt was made to explicitly analyze the risk characteristics of financial lender assets. The aim of this paper is to model bank lending explicitly and calculate the loan-risk volatility and sensitivity of the bank's return with the Emergency Homeowners' Loan Program (EHLP). A simulation exercise shows that an increase in the income assistance from the EHLP results in a reduced interest margin and volatility of the bank's return. The effectiveness of the mortgage assistance policy may capture the decreasing default of the bank, and increase the scale of the loans needed by borrowers. |
| 關鍵字 | Emergency homeowners' loan program;interest margin;bank equity volatility;housing market |
| 語言 | en_US |
| ISSN | 1017-1819 |
| 期刊性質 | 國外 |
| 收錄於 | TSSCI EI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 是 |
| 國別 | TWN |
| 公開徵稿 | |
| 出版型式 | ,紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/79688 ) |