Are mortgage and capital markets integrated in the USA? A study of time-varying cointegration

Date

2007

Authors

Wong, Wing-Keung
Penm, Jack HW
Service, David

Journal Title

Journal ISSN

Volume Title

Publisher

Inderscience Publishers

Abstract

Recent research has asserted that before 1980, mortgage and capital markets in the USA were not cointegrated as a result of credit rationing, but deregulation of financial institutions led to cointegrated mortgage and capital markets during the 1980s. In

Description

Keywords

Keywords: Capital markets; Cointegration relationship; Mortgage; Time-varying cointegration~; Marketing; Parameter estimation; Problem solving; Time varying networks; Industrial economics Capital markets; Mortgage markets; Time-varying cointegration

Citation

Source

International Journal of Services Technology and Management

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

Restricted until

2037-12-31