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This discussion paper examines how bank loan supply reactions to changes in monetary policy are market-specific, emphasizing the relevance of banks\' local specialization. It provides empirical evidence from the U.S. mortgage market, demonstrating that banks increase new mortgage lending growth more significantly in markets where they have a geographic specialization following monetary policy easing. The study explores the implications of these findings on mortgage supply, house price growth,...
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What is discussion paper dp19473?
Discussion paper dp19473 is a document outlining specific regulatory guidelines and considerations for stakeholders in a particular industry or sector.
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Entities and individuals who are directly involved in the activities and regulations addressed in discussion paper dp19473 are required to file it.
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The purpose of discussion paper dp19473 is to facilitate stakeholder input and feedback on regulatory proposals and to enhance transparency in decision-making processes.
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The information that must be reported includes organizational details, specific regulatory impacts, and any other data pertinent to the discussion topics addressed in the paper.
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