in asset prices, especially as regards housing, though no systematic effects are identified on equity markets …

the United States, housing collateral effects on consumption are absent. Given credit conditions, rising house prices … mostly explained by movements in incomes, housing supply, mortgage interest rates and credit conditions, suggesting that the …

institutional blockades that left core countries of the Eurozone, namely Germany, France and Italy, largely untouched by the housing … is promoting mortgage securitization throughout the EU and thereby rescaling the political economy of housing finance … that was hitherto rooted in national, institutional models. We argue that countries which 'missed' the previous housing …