지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2011.12
- 수록면
- 145 - 170 (26page)
이용수
초록· 키워드
오류제보하기
The purpose of this study was to analyze the Risk and Cointegration of Housing Reverse Mortgage using VECM. The VECM included such variables as housing pension user, CD interest rate, call interest rate, risk premium, inflation rate using monthly data from July 2007 to June 2011.
The major findings are as follows : 1) If the bank supply Housing Reverse Mortgage with CD loans such as short term to offer long term loan such as housing reverse mortgage, it will be faced increasing risks and Housing pension of profit margin was significantly lower than other mortgage loans. 2) Results of Cointegration of Housing Reverse Mortgage showed that there existed a long-run equilibrium. The long-run relation of CD interest rate for key variables influence showed that call interest rate and risk premium were positive impact on CD rate, but inflation rate and user were negatively effect. 3) The results of Impulse response function and error variance decomposition by VECM were found that the relation of CD and call were interact with each other sent and received. in addition, proved a significant relations each other of risk premium and CD rate.
We had an opportunity to demonstrate that there existed risks of bank and HP users. If CD interest rate fluctuated, call interest rate would be one of the policy options and it is necessary for stable operation of Housing Reverse Mortgage to require additional policy considerations.
The major findings are as follows : 1) If the bank supply Housing Reverse Mortgage with CD loans such as short term to offer long term loan such as housing reverse mortgage, it will be faced increasing risks and Housing pension of profit margin was significantly lower than other mortgage loans. 2) Results of Cointegration of Housing Reverse Mortgage showed that there existed a long-run equilibrium. The long-run relation of CD interest rate for key variables influence showed that call interest rate and risk premium were positive impact on CD rate, but inflation rate and user were negatively effect. 3) The results of Impulse response function and error variance decomposition by VECM were found that the relation of CD and call were interact with each other sent and received. in addition, proved a significant relations each other of risk premium and CD rate.
We had an opportunity to demonstrate that there existed risks of bank and HP users. If CD interest rate fluctuated, call interest rate would be one of the policy options and it is necessary for stable operation of Housing Reverse Mortgage to require additional policy considerations.
목차
Abstract
1. 서론
2. 선행연구의 검토와 대출금리 결정구조
3. 분석자료 및 연구방법
4. 실증분석
5. 결론
참고문헌
참고문헌 (23)
참고문헌 신청
1. [학술지(정기간행물)] - 구경민 / 2009 / 서울시 뉴타운 개발이 주변지역 주택가격에 미치는 영향 분석 - 2·3차 뉴타운 개발 사업을 중심으로 / 국토계획 44 (4) : 79 ~ 93
2. [학술지(정기간행물)] - 김갑태 / 2006 / 주택가격과 금리 시계열의 순환주기와 역모기지 리스크 / 보험금융연구 17 (2) : 61 ~ 97
3. [단행본] - 김영곤 / 2011 / 부동산금융과 투자 / 부연사
4. [단행본] - 김명직 / 2009 / 제2판 금융시계열분석 / 경문사
5. [기타자료] - 김현의 / 2001 / 통화정책의 파급효과 / 한국은행 금융경제연구원
2. [학술지(정기간행물)] - 김갑태 / 2006 / 주택가격과 금리 시계열의 순환주기와 역모기지 리스크 / 보험금융연구 17 (2) : 61 ~ 97
3. [단행본] - 김영곤 / 2011 / 부동산금융과 투자 / 부연사
4. [단행본] - 김명직 / 2009 / 제2판 금융시계열분석 / 경문사
5. [기타자료] - 김현의 / 2001 / 통화정책의 파급효과 / 한국은행 금융경제연구원
이 논문의 저자 정보
이 논문과 함께 이용한 논문
최근 본 자료
댓글(0)
0
UCI(KEPA) : I410-ECN-0101-2013-309-002904188