We propose a method to decompose net lending flows into loan origination and repayments. We show that a boom in loan origination is transmitted to repayments with a very long lag, depressing the growth rate of the stock for many periods. In the euro area, repayments of the mortgage loans granted...

We propose a method to decompose net lending flows into loan origination and repayments. We show that a boom in loan origination is transmitted to repayments with a very long lag, depressing the growth rate of the stock for many periods. In the euro area, repayments of the mortgage loans granted...

Преодоление сложившихся дисбалансов протекающего глобального экономического кризиса и достижение устойчивого и сбалансированного экономического роста...

В статье рассматриваются инструменты и механизмы ипотечного кредитования, а также технологии, обеспечивающие модернизацию систем кредитования и продвижения...