What Drives Mortgage Default Risk in Europe and the U.S.? /

We present an analysis of the sensitivity of household mortgage probabilities of default (PDs) and loss given default (LGDs) on unemployment rates, house price growth, interest rates, and other drivers. A structural micro-macro simulation model is used to that end. It is anchored in the balance shee...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Gross, Marco
Weitere Verfasser: Ding, Xiaodan, Tereanu, Eugen, Tressel, Thierry
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2022.
Schriftenreihe:IMF Working Papers; Working Paper ;No. 2022/065
Schlagworte:
Online Zugang:Full text available on IMF