The rapid increase in credit in an economy is now commonly perceived to be one of the leading indicators of financial … policy response has been to focus on the ratio of private sector credit to GDP for an economy, observing, in particular …-state relationship between private sector credit and GDP in the case of Ireland, a country which, even by international standards …

The rapid increase in credit in an economy is now commonly perceived to be one of the leading indicators of financial … policy response has been to focus on the ratio of private sector credit to GDP for an economy, observing, in particular …-state relationship between private sector credit and GDP in the case of Ireland, a country which, even by international standards …

The credit bubble experienced by the Irish residential and financial sector immediately prior to the global financial … with the increase in housing demand came a significant degree of credit market liberalisation which resulted in a … substantial increase in the availability of mortgage credit. This in turn additionally fuelled the emerging house price bubble …

credit conditions on it has been added to econometric assessments in recent years. Using a new cross-country panel, we … estimate the impact of variations in credit conditions on the house price to rent ratio between 1994 and 2015 on both a panel … credit markets. In line with other recent studies, our results establish the relevance of credit conditions to the house …