Boom-Bust Cycles in Housing : The Changing Role of Financial Structure /
Why are housing markets so prone to boom-bust cycles? The mortgage market structure prior to the Savings and Loan crisis contributed to the volatility in real housing activity which, in turn, amplified the volatility in housing prices. The subsequent development of a national, market-based system of...
Κύριος συγγραφέας: | |
---|---|
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2005.
|
Σειρά: | IMF Working Papers; Working Paper ;
No. 2005/200 |
Διαθέσιμο Online: | Full text available on IMF |