Akin, Ozlem; Montalvo, José Garcia; Villar, Jaume Garcia; … - Department of Economics and Business, Universitat … - 2014
We analyze the determinants of real estate and credit bubbles using a unique borrower-lender matched dataset on mortgage loans in Spain. The dataset contain real estate credit and price conditions (loan principal and spread, and the appraisal and market price) at the mortgage level, matched with...