Series: Staff Discussion Notes
Author(s): Eugenio Cerutti , Jihad Dagher , and Giovanni Dell'Ariccia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 June 2015
Keywords: Central banks and their policies, Credit booms, Financial stability, Housing finance, real estate, macroprudential regulation, mortgage, finance, credit, mortgage markets
The recent global crisis highlighted the risks stemming from real estate booms. This has generated a growing literature trying to better understand the sources and the risks associated with housing and credit booms...