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The Goods and Services Tax (GST) and Non-Bank Lender Mortgage Costs: Empirical Evidence

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  • Allen Huang
  • Benjamin Liu

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  • Allen Huang & Benjamin Liu, 2009. "The Goods and Services Tax (GST) and Non-Bank Lender Mortgage Costs: Empirical Evidence," Discussion Papers in Finance finance:200915, Griffith University, Department of Accounting, Finance and Economics.
    • Handle: RePEc:gri:fpaper:finance:200915
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    File URL: https://research-repository.griffith.edu.au/bitstream/handle/10072/390327/2009-15-the-goods-and-services-tax-and-non-bank-lender-mortgage-costs-empirical-evidence.pdf
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    References listed on IDEAS

    as
    1. James W. Kolari & Donald R. Fraser & Ali Anari, 1998. "The Effects of Securitization on Mortgage Market Yields: A Cointegration Analysis," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 26(4), pages 677-693, December.
    2. Tom Bolton & Brian Dollery, 2005. "An Empirical Note On The Comparative Macroeconomic Effects Of The Gst In Australia, Canada And New Zealand," Economic Papers, The Economic Society of Australia, vol. 24(1), pages 50-60, March.
    3. George J. Benston, 1992. "The Future Of Asset Securitization: The Benefits And Costs Of Breaking Up The Bank," Journal of Applied Corporate Finance, Morgan Stanley, vol. 5(1), pages 71-82, March.
    4. Abbas Valadkhani, 2005. "Goods and Services Tax Effects on Goods and Services Included in the Consumer Price Index Basket," The Economic Record, The Economic Society of Australia, vol. 81(s1), pages 104-114, August.
    5. James Kau & Luke Peters, 2005. "The Effect of Mortgage Price and Default Risk on Mortgage Spreads," The Journal of Real Estate Finance and Economics, Springer, vol. 30(3), pages 285-295, April.
    6. Black, Deborah G & Garbade, Kenneth D & Silber, William L, 1981. "The Impact of the GNMA Pass-through Program on FHA Mortgage Costs," Journal of Finance, American Finance Association, vol. 36(2), pages 457-469, May.
    7. repec:bla:ausecr:v:37:y:2004:i:2:p:125-138 is not listed on IDEAS
    8. Hendershott, Patric H & Shilling, James D, 1989. "The Impact of the Agencies on Conventional Fixed-Rate Mortgage Yields," The Journal of Real Estate Finance and Economics, Springer, vol. 2(2), pages 101-115, June.
    9. Liu, Benjamin & Skully, Michael, 2005. "The determinants of mortgage yield spread differentials: Securitization," Journal of Multinational Financial Management, Elsevier, vol. 15(4-5), pages 314-333, October.
    10. Brent W. Ambrose & Michael LaCour‐Little & Anthony B. Sanders, 2004. "The Effect of Conforming Loan Status on Mortgage Yield Spreads: A Loan Level Analysis," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 32(4), pages 541-569, December.
    11. Binh Tran‐Nam, 2001. "Use and Misuse of Tax Compliance Costs in Evaluating the GST," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 34(3), pages 279-290, September.
    12. Benjamin Liu & Michael Skully, 2008. "The impact of securitisation and structural changes of the Australian mortgage markets on bank pricing behaviour," International Journal of Banking, Accounting and Finance, Inderscience Enterprises Ltd, vol. 1(2), pages 149-167.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    GST; Mortgage costs; Lender pricing behaviour;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates

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