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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Dell'Ariccia, Giovanni
مؤلفون آخرون: Igan, Deniz, Laeven, Luc
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:IMF Working Papers; Working Paper ; No. 2008/106
الوصول للمادة أونلاين:Full text available on IMF