Title :
Applicability Analysis of the Models on Prepayment
Author :
Tan, Xueyan ; Li, Jiayu
Author_Institution :
Sch. of Humanities & Economic Manage., China Univ. of Geosci. (Beijing), Beijing, China
Abstract :
Prepayment risk of the residential mortgage has gradually become important to commercial banks. It affects banks´ income, disturbs cash flow management, triggers reinvesting risk and blocks the process of securitization. This paper states four main methods of constructing empirical models, focuses on analyzing their applicability in China and finally comes to a conclusion that an econometric model is a suitable choice.
Keywords :
econometrics; applicability analysis; cash flow management; commercial banks; econometric model; prepayment models; residential mortgage; Conference management; Econometrics; Economic forecasting; Economic indicators; Information analysis; Information science; Loans and mortgages; Predictive models; Risk analysis; Risk management;
Conference_Titel :
Information Science and Engineering (ICISE), 2009 1st International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-4909-5
DOI :
10.1109/ICISE.2009.322
