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...
第一著者: | |
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フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2005.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 2005/200 |
オンライン・アクセス: | Full text available on IMF |