Housing finance and real-estate booms : a cross-country perspective /
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Author / Creator: | Cerutti, Eugenio, author. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, ©2015. |
Description: | 1 online resource (35 pages) : color illustrations. |
Language: | English |
Series: | IMF staff discussion note ; SDN/15/12 IMF staff discussion note ; SDN/15/12. |
Subject: | Mortgages. Housing -- Prices. Real property -- Prices. Housing -- Prices. Mortgages. Real property -- Prices. |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12504495 |
Other authors / contributors: | Dagher, Jihad, author. Dell'Ariccia, Giovanni, author. International Monetary Fund. |
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ISBN: | 9781513523743 1513523740 1513528947 9781513528946 1513552074 9781513552071 |
Notes: | "June 2015." Includes bibliographical references (pages 23-26). Online resource; title from PDF title page (IMF Web site, viewed June 15, 2015). |
Summary: | 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. |
Other form: | 1513571397 1513523740 |
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