How Effective is Macroprudential Policy? : Evidence from Lending Restriction Measures in EU Countries /
This paper assesses the effectiveness of lending restriction measures, such as loan-to-value and debt-service-to-income ratios, in affecting developments in house prices and credit. We use data on 99 lending standard restrictions implemented in 28 EU countries over 1990-2018. The results suggest tha...
| 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,
2019.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 2019/045 |
| オンライン･アクセス: | Full text available on IMF |