Bank Lending and Property Prices in Hong Kong

By Stefan Gerlach, Wensheng Peng. 2005

378 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/ce7449c43e90d5ce143d7dbf35a698bfa36008eb

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In Economics and Econometrics

Citations in the corpus

Loan-to-Value Ratio as a Macro-Prudential Tool - Hong Kong's Experience and Cross-Country Evidence (2011, positive): “In fact, Gerlach and Peng (2005) find that bank lending in Hong Kong is driven largely by property price movements, suggesting that systemic risk is, to a great extent, associated with developments in the property market.”
Self-reinforcing effects between housing prices and credit: an extended version (2013, background): “Gerlach and Peng (2005) examine the interaction between credit to the private sector and residential property prices with a sample of quarterly data for Hong Kong from 1984 to 2001.”
Bank lending and commercial property cycles: some cross-country evidence (2011, background): “Country-specific studies reveal strong evidence of dynamic interactions between house prices and bank lending in Hong Kong (Gerlach and Peng (2002)), the Netherlands (de Greef et al (2000), Rouwendal and Alessie (2002)) and the United States (Quigley (1999)).”
Non-Performing Loans: What Matters in Addition to the Economic Cycle? (2013, neutral): “Gerlach and Peng (2005) use a multivariate cointegration framework in order to examine the direction of the causality between bank lending and property prices in Hong Kong.”
House Prices, Money, Credit and the Macroeconomy (2008, neutral): “Gerlach and Peng (2005) analyse the link between property prices and credit in Hong Kong and find that causality runs from property prices to lending, rather than conversely.”
Monetary and Prudential Policies at a Crossroads? New Challenges in the New Century (2006, background): “13 For some examples, see Borio et al (1994), Gerlach and Peng (2002), Hofmann (2001), Davis and Zhu (2004) and Goodhart et al (2005).”
Real Estate Prices and Bank Stability (2010, neutral): “2 Gerlach and Peng (2005) bring empirical evidence from Hong Kong, suggesting that tight prudential regulation and risk controls by banks were essential in limiting the exposure of the banking sector to distress following the downward price adjustment in the real estate markets.”
Bank Lending and Property Prices: Some International Evidence (2003, background): “Gerlach and Peng (2002) overcome this problem by analysing the”
The Interaction between Mortgage Financing and Housing Prices in Greece (2009, neutral): “…of credit, in general (see for example, Fase, 1995; Calza, Gartner and Sousa., 2003; Calza, Manrique and Sousa, 2003; Davis and Zhu, 2004; Hoffman, 2004; Gerlach and Peng, 2005) and mortgage credit in particular (see for example, Fitzpatrick and McQuinn, 2004; Gimeno and Martínez-Carrascal, 2006).”
Property prices and bank lending in China (2007, background): “13 Gerlach and Peng (2005) suggest that prudential regulation and risk controls by banks could limit the exposure and”