The Residential Mortgage (De)regulation–Innovation nexus

Ashton de Silva, Jonthan Boymal, Jason Potts and Stuart Thomas

MPRA Paper from University Library of Munich, Germany

Abstract: The stance of Australia’s central authorities with respect to residential mortgage innovation appears different from many of our international counterparts. In this article we provide an interpretation of this policy stance, concluding that signals are arguably a more prominent feature of Australia’s policy environment than many of our overseas counterparts. In addition we also observe that whilst there is a strong link between innovation and (de)regulation, a healthy degree of competition appears to be necessary if a wider-set of consumers are to have access to these innovations.

Keywords: Mortgage innovation; macro prudential regulation; policy; house prices (search for similar items in EconPapers)
JEL-codes: E65 G18 R31 R38 (search for similar items in EconPapers)
Date: 2015-01-30
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/62549/1/MPRA_paper_62549.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:62549

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().