A Cross-Country Perspective
by
Eugenio Cerutti, Jihad Dagher, Giovanni Mr. Dell'Ariccia
Language: English
Release Date: June 3, 2015
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. This paper complements and supplements the previous work by (i) exploiting more disaggregated...