Banks’ Balance Sheets and Liquidation Values: Evidence from Real Estate Collateral
Banks’ Balance Sheets and Liquidation Values: Evidence from Real Estate Collateral
About this item
Full title
Author / Creator
Publisher
Oxford University Press
Journal title
Language
English
Formats
Publication information
Publisher
Oxford University Press
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Scope and Contents
Contents
This paper finds that declining bank equity or liquidity reduces liquidation values of bankowned real estate and accelerates the pace of asset sales. Buyers of these assets earn significant returns for providing liquidity to banks, as prices tend to rebound sharply after sales by illiquid banks. Lower liquidation values also depress the prices of n...
Alternative Titles
Full title
Banks’ Balance Sheets and Liquidation Values: Evidence from Real Estate Collateral
Authors, Artists and Contributors
Author / Creator
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Primary Identifiers
Record Identifier
TN_cdi_crossref_primary_10_1093_rfs_hhz056
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_rfs_hhz056
Other Identifiers
ISSN
0893-9454
E-ISSN
1465-7368
DOI
10.1093/rfs/hhz056
