Showing 1 - 10 of 5,578
Persistent link: https://www.econbiz.de/10012659432
Persistent link: https://www.econbiz.de/10009691600
This paper develops a dynamic equilibrium model to study the house price dynamics in the United States. I find that changes in down payment requirements can quantitatively account for the observed house price dynamics over the last three decades. The high and stable down payment requirements...
Persistent link: https://www.econbiz.de/10013038420
This paper provides new empirical evidence on housing bubble timing, volatility spillover, and bubble contagion between … housing prices. Second, we analyze the volatility spillover in housing prices between Japan and its economic partners using …'s housing market. Moreover, we find evidence of volatility spillover effects and bubble contagion between Japan's real estate …
Persistent link: https://www.econbiz.de/10012622423
Persistent link: https://www.econbiz.de/10010533102
Persistent link: https://www.econbiz.de/10012225045
Persistent link: https://www.econbiz.de/10011642393
Persistent link: https://www.econbiz.de/10012183751
Using household survey data, we document evidence of a loosening of credit standards in Euro area countries that experienced a property price boom-and-bust cycle. Borrowers in these countries exhibited significantly higher loan-to-value (LTV) and loan-to-income (LTI) ratios in the run up to the...
Persistent link: https://www.econbiz.de/10011978833