Real estate valuation, current account and credit growth patterns, before and after the 2008-9 crisis
(2014)
Journal Article
Aizenman, J., & Jinjarak, Y. (2014). Real estate valuation, current account and credit growth patterns, before and after the 2008-9 crisis. Journal of International Money and Finance, 48(B), 249-270. https://doi.org/10.1016/j.jimonfin.2014.05.016
We explore the stability of the conditioning variables accounting for the real estate valuation before and after the crisis of 2008–9, in a panel of 36 countries, recognizing the crisis break. We validate the robustness of the association between the... Read More about Real estate valuation, current account and credit growth patterns, before and after the 2008-9 crisis.