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: mortgage credit in central-northern Italy in the sixteenth and seventeenth centuries -- 8. Rural credit markets in eighteenth … centuries. A mortgage allowed a loan to be secured with land or other property, and the practice has been linked to the … transformation of the agrarian economy that paved the way for modern economic growth. Historians have viewed the mortgage both …
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centuries. A mortgage allowed a loan to be secured with land or other property, and the practice has been linked to the … transformation of the agrarian economy that paved the way for modern economic growth. Historians have viewed the mortgage both … variety of forms that the mortgage took, and show how an intricate balance was struck between the interests of the borrower …
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We analyze the contribution of credit spread, house and stock price shocks to GDP growth in the US based on a Bayesian VAR with time-varying parameters estimated over 1958-2012. Our main findings are: (i) The contribution of financial shocks to GDP growth fluctuates from about 20 percent in...
Persistent link: https://www.econbiz.de/10012988788
We analyze the contribution of credit spread, house and stock price shocks to GDP growth in the US based on a Bayesian VAR with time-varying parameters estimated over 1958-2012. Our main findings are: (i) The contribution of financial shocks to GDP growth fluctuates from about 20 percent in...
Persistent link: https://www.econbiz.de/10009739598
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