Housing and macroprudential policy
Housing has been heavily implicated in many financial crises, e.g. in the Global Financial Crisis of 2008-9. Since the GFC, new macroprudential frameworks have been introduced across the globe, with housing-related tools prominent. This paper explains how the housing-related financial accelerator op...
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Format: | Working paper |
Language: | English |
Published: |
University of Oxford
2024
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