Matches in SemOpenAlex for { <https://semopenalex.org/work/W1517997075> ?p ?o ?g. }
Showing items 1 to 94 of
94
with 100 items per page.
- W1517997075 abstract "This paper investigates the speed and completeness of the pass-through from market rates to mortgage rates in Switzerland. The pass-through dynamics are studied under a marginal funding cost perspective. By choosing the appropriate benchmark rates, this study takes into account banks' forecasts of the evolution of their funding costs. It is found that the passthrough of rates of adjustable-rate mortgages is incomplete and sluggish compared to the rates of mortgages with a fixed maturity. For the latter, changes in market rates appear to be transmitted quickly and completely, particularly when benchmark rates are falling. This finding suggests that a low-interest-rate environment stimulates competition among financial institutions. Evidence for a structural change is found for all interest rates. The structural change occurred around the beginning of 2007 for fixed-rate mortgages and in mid-2005 for floating-rate mortgages. For all mortgage rates, asymmetries are detected in the pre-break period. More specifically, the adjustment of fixed-rate-mortgage rates is characterized by downward rigidity, which supports the existence of some form of imperfect competition. By contrast, the rates of adjustable-rate mortgages exhibit upward price stickiness. This result suggests that competition was stronger in this specific mortgage-lending market. In the post-break period, no clear evidence is found in favor of asymmetries with respect to the adjustment coefficient." @default.
- W1517997075 created "2016-06-24" @default.
- W1517997075 creator A5015621429 @default.
- W1517997075 date "2011-01-01" @default.
- W1517997075 modified "2023-09-27" @default.
- W1517997075 title "Mortgage Rate Pass-Through in Switzerland" @default.
- W1517997075 cites W1481945423 @default.
- W1517997075 cites W1518641416 @default.
- W1517997075 cites W1528778751 @default.
- W1517997075 cites W1532501753 @default.
- W1517997075 cites W1535689967 @default.
- W1517997075 cites W1546523058 @default.
- W1517997075 cites W1582234607 @default.
- W1517997075 cites W1693431528 @default.
- W1517997075 cites W1761408318 @default.
- W1517997075 cites W1978775682 @default.
- W1517997075 cites W1983122369 @default.
- W1517997075 cites W2015094524 @default.
- W1517997075 cites W2027838877 @default.
- W1517997075 cites W2059179787 @default.
- W1517997075 cites W2111140047 @default.
- W1517997075 cites W2113955936 @default.
- W1517997075 cites W2117513178 @default.
- W1517997075 cites W2124884000 @default.
- W1517997075 cites W2125331782 @default.
- W1517997075 cites W2135744241 @default.
- W1517997075 cites W2145274572 @default.
- W1517997075 cites W2155972634 @default.
- W1517997075 cites W2156339602 @default.
- W1517997075 cites W2579500219 @default.
- W1517997075 cites W3121885997 @default.
- W1517997075 cites W3124127693 @default.
- W1517997075 cites W3124354536 @default.
- W1517997075 cites W3124497913 @default.
- W1517997075 cites W3125696188 @default.
- W1517997075 cites W3125720444 @default.
- W1517997075 cites W3125749048 @default.
- W1517997075 hasPublicationYear "2011" @default.
- W1517997075 type Work @default.
- W1517997075 sameAs 1517997075 @default.
- W1517997075 citedByCount "7" @default.
- W1517997075 countsByYear W15179970752012 @default.
- W1517997075 countsByYear W15179970752016 @default.
- W1517997075 crossrefType "posted-content" @default.
- W1517997075 hasAuthorship W1517997075A5015621429 @default.
- W1517997075 hasConcept C106159729 @default.
- W1517997075 hasConcept C149782125 @default.
- W1517997075 hasConcept C162324750 @default.
- W1517997075 hasConcept C175025494 @default.
- W1517997075 hasConcept C175444787 @default.
- W1517997075 hasConcept C18903297 @default.
- W1517997075 hasConcept C2777098679 @default.
- W1517997075 hasConcept C30087350 @default.
- W1517997075 hasConcept C556758197 @default.
- W1517997075 hasConcept C86803240 @default.
- W1517997075 hasConcept C91306197 @default.
- W1517997075 hasConceptScore W1517997075C106159729 @default.
- W1517997075 hasConceptScore W1517997075C149782125 @default.
- W1517997075 hasConceptScore W1517997075C162324750 @default.
- W1517997075 hasConceptScore W1517997075C175025494 @default.
- W1517997075 hasConceptScore W1517997075C175444787 @default.
- W1517997075 hasConceptScore W1517997075C18903297 @default.
- W1517997075 hasConceptScore W1517997075C2777098679 @default.
- W1517997075 hasConceptScore W1517997075C30087350 @default.
- W1517997075 hasConceptScore W1517997075C556758197 @default.
- W1517997075 hasConceptScore W1517997075C86803240 @default.
- W1517997075 hasConceptScore W1517997075C91306197 @default.
- W1517997075 hasLocation W15179970751 @default.
- W1517997075 hasOpenAccess W1517997075 @default.
- W1517997075 hasPrimaryLocation W15179970751 @default.
- W1517997075 hasRelatedWork W1546523058 @default.
- W1517997075 hasRelatedWork W1562149383 @default.
- W1517997075 hasRelatedWork W170137152 @default.
- W1517997075 hasRelatedWork W1985637584 @default.
- W1517997075 hasRelatedWork W2061703081 @default.
- W1517997075 hasRelatedWork W2137480278 @default.
- W1517997075 hasRelatedWork W2151268126 @default.
- W1517997075 hasRelatedWork W271016294 @default.
- W1517997075 hasRelatedWork W2773307929 @default.
- W1517997075 hasRelatedWork W2890671039 @default.
- W1517997075 hasRelatedWork W2891091438 @default.
- W1517997075 hasRelatedWork W3038663833 @default.
- W1517997075 hasRelatedWork W3119272136 @default.
- W1517997075 hasRelatedWork W3121885997 @default.
- W1517997075 hasRelatedWork W3122034473 @default.
- W1517997075 hasRelatedWork W3122149942 @default.
- W1517997075 hasRelatedWork W3124990407 @default.
- W1517997075 hasRelatedWork W3148284426 @default.
- W1517997075 hasRelatedWork W3150984887 @default.
- W1517997075 hasRelatedWork W621581091 @default.
- W1517997075 isParatext "false" @default.
- W1517997075 isRetracted "false" @default.
- W1517997075 magId "1517997075" @default.
- W1517997075 workType "article" @default.