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The article relates to the attractiveness of FX housing loans for households which led to over increase in EU countries. Results of comparative analysis conducted for Poland, Austria, Romania and Hungary indicates that actions taken by the supervisory bodies dedicated to demand indicators...
Persistent link: https://www.econbiz.de/10011899962
Household Finances. Households are asked to distribute ten points among five different scenarios for the change in the price of … recent work on household subjective probabilities. I model individual subjective probability densities using splines … differences in housing and household characteristics. An important result of the paper is that women are more optimistic about the …
Persistent link: https://www.econbiz.de/10011417887
This study explores the effect of regulatory governance on financial stability using cross-sectional data from 55 countries. The findings show that regulatory governance and various subcomponents of regulatory governance are positively correlated with financial stability in the selected...
Persistent link: https://www.econbiz.de/10012806000
During the first decade of the 21st century, household FX loans spread in numerous countries in Central and Eastern …. Disregarding countries that joined the euro area, Hungary was the only state where household FX loans were completely phased out … about the causes and the impact of unsecured FX lending in the household sector and analyses the phasing-out of the …
Persistent link: https://www.econbiz.de/10012301687
This paper offers a look back at the period of zero interest and even negative interest during the First World War. In contrast to the current period of low interest rates, during the war there was an illusion of interest: while savers did receive nominal interest on their deposits, however, the...
Persistent link: https://www.econbiz.de/10011670578
systemic risk caused by the developing gap between the growth of household indebtedness and the growth in real estate prices …. The paper recapitulates the main factors of the growth rate of household indebtedness and the extent to which the adopted …
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