Housing Finance and Real-Estate Booms

Released on by Mr.Eugenio Cerutti
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  • Housing Finance and Real-Estate Booms Book Detail

  • Author : Mr.Eugenio Cerutti
  • Release Date : 2015-06-03
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 35
  • ISBN 13 : 1513571397
  • File Size : 94,94 MB
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Housing Finance and Real-Estate Booms by Mr.Eugenio Cerutti PDF Summary

Book Description: 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.

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