Housing prices and household borrowing are expected to be tightly connected to each other. Better availability of …, housing prices may significantly influence household borrowing through various wealth effects. Employing time series … credit eases liquidity constraints of households, which is likely to lead to higher demand for housing. On the other hand …

Housing prices and household borrowing are expected to be tightly connected to each other. Better availability of …, housing prices may significantly influence household borrowing through various wealth effects. Employing time series … credit eases liquidity constraints of households, which is likely to lead to higher demand for housing. On the other hand …

Housing prices and household borrowing are expected to be tightly connected to each other. Better availability of …, housing prices may significantly influence household borrowing through various wealth effects. Employing time series … credit eases liquidity constraints of households, which is likely to lead to higher demand for housing. On the other hand …

Purpose – The purpose of this paper is to investigate the economic significance of informal borrowing between friends … matter of course. In part, it is believed that a preference for informal borrowing is related to some forms of credit … that informal lending amongst friends and relatives cannot be dismissed as a significant economic factor in the financing …

In this paper, we analyze the borrowing behavior of Japanese households in comparison to the other Group of Seven (G7 … in recent years, due partly to the fact that tax breaks for housing purchase, reforms in the housing loan market since … the early 2000s, and expansionary monetary policy enabled Japanese households to purchase housing at a younger age than …

In this paper, we analyze the borrowing behavior of Japanese households in comparison to the other Group of Seven (G7 … in recent years, due partly to the fact that tax breaks for housing purchase, reforms in the housing loan market since … the early 2000s, and expansionary monetary policy enabled Japanese households to purchase housing at a younger age than …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … and higher user costs of housing are both associated with larger money holdings. Country-specific money holdings are also … connected with structural features of the housing market. …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … and higher user costs of housing are both associated with larger money holdings. Country-specific money holdings are also … connected with structural features of the housing market. …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … and higher user costs of housing are both associated with larger money holdings. Country-specific money holdings are also … connected with structural features of the housing market. …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … and higher user costs of housing are both associated with larger money holdings. Country-specific money holdings are also … connected with structural features of the housing market. …