Kierzenkowski, Rafał; Havrylchyk, Olena; Beynet, Pierre - Economics Department, Organisation de Coopération et … - 2014
Dutch banks were put under heavy strains early in the global downturn and have comparatively weak financial buffers to cope with new shocks. Falling house prices have increased the share of households with negative home equity to nearly 35% for home-owning households and 40% for mortgage...