Credit Booms and Lending Standards : Evidence From the Subprime Mortgage Market /
This paper links the current sub-prime mortgage crisis to a decline in lending standards associated with the rapid expansion of this market. We show that lending standards declined more in areas that experienced larger credit booms and house price increases. We also find that the underlying market s...
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| Kolejni autorzy: | , |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2008/106 |
| Dostęp online: | Full text available on IMF |