Real estate market transparency and default on mortgages

Hassan Gholipour Fereidouni, Reza Tajaddini and Thi Ngoc Tram Pham

Research in International Business and Finance, 2020, vol. 53, issue C

Abstract: This paper investigates the relationship between real estate market transparency (RET) and default on mortgages (DOM). Using data from 46 countries for the period of 2006–2016, we find evidence that there is a negative and significant relationship between RET and DOM. This result is robust with the inclusion of control variables and different estimation methods including panel fixed effects and generalized method of moments (GMM). We also find that the association between RET and DOM is more apparent in emerging economies than high-income countries.

Keywords: Real estate transparency; Default rate; Mortgage; Panel data (search for similar items in EconPapers)
JEL-codes: G21 G28 R30 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:53:y:2020:i:c:s0275531919307020

DOI: 10.1016/j.ribaf.2020.101202

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