Impact of systemic risk in the real estate sector on banking return

In this paper, we measure systemic risk in the real estate sector based on contingent claims analysis, and then investigate its impact on banking return. Based on the data in China, we find that systemic risk in the real estate sector has a negative effect on banking return, but this effect is tempo...

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Detalles Bibliográficos
Autores principales: Li, Shouwei, Pan, Qing, He, Jianmin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer International Publishing 2016
Materias:
Research
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4722052/
https://www.ncbi.nlm.nih.gov/pubmed/26839754
http://dx.doi.org/10.1186/s40064-016-1693-8
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author Li, Shouwei
Pan, Qing
He, Jianmin
author_facet Li, Shouwei
Pan, Qing
He, Jianmin
author_sort Li, Shouwei
collection PubMed
description In this paper, we measure systemic risk in the real estate sector based on contingent claims analysis, and then investigate its impact on banking return. Based on the data in China, we find that systemic risk in the real estate sector has a negative effect on banking return, but this effect is temporary; banking risk aversion and implicit interest expense have considerable impact on banking return.
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spelling pubmed-47220522016-02-02 Impact of systemic risk in the real estate sector on banking return Li, Shouwei Pan, Qing He, Jianmin Springerplus Research In this paper, we measure systemic risk in the real estate sector based on contingent claims analysis, and then investigate its impact on banking return. Based on the data in China, we find that systemic risk in the real estate sector has a negative effect on banking return, but this effect is temporary; banking risk aversion and implicit interest expense have considerable impact on banking return. Springer International Publishing 2016-01-22 /pmc/articles/PMC4722052/ /pubmed/26839754 http://dx.doi.org/10.1186/s40064-016-1693-8 Text en © Li et al. 2016 Open AccessThis article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
spellingShingle Research
Li, Shouwei
Pan, Qing
He, Jianmin
Impact of systemic risk in the real estate sector on banking return
title Impact of systemic risk in the real estate sector on banking return
title_full Impact of systemic risk in the real estate sector on banking return
title_fullStr Impact of systemic risk in the real estate sector on banking return
title_full_unstemmed Impact of systemic risk in the real estate sector on banking return
title_short Impact of systemic risk in the real estate sector on banking return
title_sort impact of systemic risk in the real estate sector on banking return
topic Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4722052/
https://www.ncbi.nlm.nih.gov/pubmed/26839754
http://dx.doi.org/10.1186/s40064-016-1693-8
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AT panqing impactofsystemicriskintherealestatesectoronbankingreturn
AT hejianmin impactofsystemicriskintherealestatesectoronbankingreturn

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