Housing Finance and Real-Estate Booms : A Cross-Country Perspective /

The recent global crisis highlighted the risks stemming from real estate booms. This has generated a growing literature trying to better understand the sources and the risks associated with housing and credit booms. This paper complements and supplements the previous work by (i) exploiting more disa...

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Hlavní autor: Cerutti, Eugenio
Další autoři: Dagher, Jihad, Dell'Ariccia, Giovanni
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2015.
Edice:Staff Discussion Notes; Staff Discussion Notes ; No. 2015/012
On-line přístup:Full text available on IMF
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100 1 |a Cerutti, Eugenio. 
245 1 0 |a Housing Finance and Real-Estate Booms :   |b A Cross-Country Perspective /  |c Eugenio Cerutti, Jihad Dagher, Giovanni Dell'Ariccia. 
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300 |a 1 online resource (35 pages) 
490 1 |a Staff Discussion Notes 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The recent global crisis highlighted the risks stemming from real estate booms. This has generated a growing literature trying to better understand the sources and the risks associated with housing and credit booms. This paper complements and supplements the previous work by (i) exploiting more disaggregated data on credit allowing us to dissociate between firm-credit and household (and in some cases mortgage) credit, and (ii) by taking into account the characteristics of the mortgage market, including institutional as well as other factors that vary across countries. This detailed cross-country analysis offers new valuable insights. 
538 |a Mode of access: Internet 
700 1 |a Dagher, Jihad. 
700 1 |a Dell'Ariccia, Giovanni. 
830 0 |a Staff Discussion Notes; Staff Discussion Notes ;  |v No. 2015/012 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/006/2015/012/006.2015.issue-012-en.xml  |z IMF e-Library