of Maryland
Extends from -10 (least democratic) to +10 (most democratic)
Freedom House...From democracy to growth
Polity2 index of democracy and per capita GNI
Freedom...
efficiency
is determined by the relation of the observed and potential production (Green...Geanakoplos, J. (2010): “The Laverage Cycle“, Cowles Foundation Paper No. 1304 ...
Figure 1 Currency risks are the highest for other currencies
Note: Green colour...Figure 2 Interest risks are higher for longer-maturity loans
Note:...
throughout 2020 reaching record
highs in most of EU member states
aggregate house...growth rates differed substantially across countries
Source: Eurostat, FRED
...
Session II House Prices and Macroprudential Policies
Chairman: Ján Tóth (National...Scatigna and Agne Subelyte (Bank
for International Settlements)
DETERMINANTS OF...
ge
p
o
in
ts
Chart 3: Relationship between potential output loss and
house...Source: Potential output losses taken from Ball (2014) and National Bank of Croatia,...
