The housing market-bank credit relationship: Some thoughts on its causality

Effect of Credit Market Structure on Bank Development: the Case of Iran and Selected Countries

This paper has investigated a possible relationship between credit market structure and bank development in Iran and selected developing countries, using a panel regression analysis. Accordingly, the bank development index is proxied by the allocated credits to private sector, while a dummy variable has been defined as a proxy for credit market. To estimate the regressions, we have used data of...

Some thoughts on the relationship between knowledge and wisdom

Bank size, credit and the sources of bank market risk, November 2007

This study examines bank risk by investigating the equity and loan portfolio characteristics of publicly-traded bank holding companies. Unlike the pattern for non-financial firms, equity betas of large banks are two to five times greater than those of small banks. In explaining this, we note that regulation imposes an effective cap on banks’ equity volatility. Because the portfolios of small ba...

Assessing macroeconomic shocks, bank stability and the housing market in the Iranian economy with the FAVAR approach

Monetary and credit policies, however, are widely accepted by economists and policymakers as a means of stabilizing the real sector of the economy and achieving sustainable economic growth. However, macroeconomic shocks, in turn, affect the stability of the banking system and real sectors of the economy, including the housing market. Therefore, the study of the impact of macroeconomic shocks o...

Some Thoughts on Special

Here an introduction to Wesley’s neomechanics is presented. It is shown to produce some of the same results as Special Relativity but without both the mathematical and philosophical basis of that subject. As with other work in which results associated with General Relativity are obtained without recourse to the fundamental bases of that subject, so here too the preeminent place afforded Special...