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Betting the House

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NBER2014-12-01 更新2025-01-04 收录
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Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of modern economic history in the advanced economies. We

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2014-12-01
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