We examine the extent to which markets enable the provision of housing finance across a wide range of countries. Housing is a major purchase requiring a long-term financing, and the factors that are associated with well functioning housing finance systems are those that enable the provision of...

We examine the extent to which markets enable the provision of housing finance across a wide range of countries. Housing is a major purchase requiring long-term financing, and the factors that are associated with well-functioning housing finance systems are those that enable the provision of...

Kristin Forbes and Francis Warnock's "Capital Flow Waves: Surges, Stops, Flight, and Retrenchment," in Journal of International Economics (forthcoming) identifies episodes of extreme capital flow movements—surges, stops, flight, and retrenchment—and finds that global factors, especially...