volatility. We examine whether this relationship holds for house price growth volatility, which also declined during the Great … demonstrate that the following are positively associated with house price growth volatility: 1) the employment, income, and output … shares of a volatile sector (manufacturing); 2) employment growth volatility; and 3) exposure to idiosyncratic shocks to rms …

This paper assesses how the degree of the mortgage market flexibility alters the effect of a residential house price … credit and GDP response to a house price shock in countries with a more flexible mortgage market …

The aim of this paper is to review the international evidence on the impacts of mortgage interest deductions on …