Housing Price, Credit, and Output Cycles: How Domestic and External Shocks Impact Lithuania's Credit »
Series: IMF Working Papers
Author(s): Iacovos Ioannou
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 July 2018
Keywords: Lithuania, Europe, Credit, house prices, business cycle, macro-financial linkages, contagion, General, Forecasting and Simulation, Financial Markets and the Macroeconomy
Lithuania's current credit cycle highlights the strong link between housing prices and credit. We explore this relationship in more detail by analyzing the main features of credit, housing price, and output cycles...