We investigate the determinants of Italian house prices and residential investments in a structural model with possible disequilibria in the market for lending to both households and firms in the building sector. Based on a structural approach that takes into account the multi-fold relationships...

This dissertation is primarily focused in to the housing prices of UK housing market and the lending situation during the financial turmoil. Giving more emphasize in the housing prices, this dissertation thoroughly examines the housing boom and bust of the UK housing market keeping into mind...

Between 2000 and 2006, the CaseShiller/Standard and Poor's Housing Price Index increased by 74 percent in real terms, as America experienced a massive housing bubble. Moreover prices in some metropolitan areas grew even faster. Prices in Los Angeles, for example, rose by 130 percent during this...

We study credit ratings on subprime and Alt-A mortgage-backed-securities (MBS) deals issued between 2001 and 2007, the period leading up to the subprime crisis. The fraction of highly rated securities in each deal is decreasing in mortgage credit risk (measured either ex ante or ex post),...

We study credit ratings on subprime and Alt-A mortgage-backed-securities (MBS) deals issued between 2001 and 2007, the period leading up to the subprime crisis. The fraction of highly rated securities in each deal is decreasing in mortgage credit risk (measured either ex ante or ex post),...