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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Bibliographic Details
Main Author: Muellbauer, J
Format: Working paper
Language:English
Published: University of Oxford 2024