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This paper aims to study the impact of US subprime mortgage on the housing market in Canada since there is a close … statistics data in the US and Canada, this paper firstly sketches the macro economy and housing market of Canada and the US …
Persistent link: https://www.econbiz.de/10013084134
Canada's mortgage insurance risk needs a better backstop fund, according to a new report released today by the C ….D. Howe Institute. In “Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada … concern over the potential exposure of Canada's mortgage insurance system – and taxpayers …
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Housing market imbalances are a key source of systemic risk and can adversely affect housing affordability. This paper utilizes a stylized model of the Canadian economy that includes policymakers with differing objectives-macroeconomic stability, financial stability, and housing affordability....
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We study the influence of the exchange rate on the speed of economic recovery in a sample of 67 developed and developing economies over the years 1989-2019. First, using a cross-sectional sample of 341 economic recoveries, we study the effect of nominal depreciation and real undervaluation on...
Persistent link: https://www.econbiz.de/10013332929