Lending Booms, Real Estate Bubbles and the Asian Crisis /

This paper examines the link between lending booms, asset price cycles, and financial crises across East Asian countries. Both theoretical arguments and empirical evidence support a strong relationship between bank lending and asset price inflation, especially in the real estate market. While asset...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Senhadji, Abdelhak
Beste egile batzuk: Collyns, Charles
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2002.
Saila:IMF Working Papers; Working Paper ; No. 2002/020
Sarrera elektronikoa:Full text available on IMF