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...: Potential output losses taken from Ball (2014) and National Bank of Croatia,...
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:...
also picked up, primarily owing to a rise in general-purpose cash loans, while housing...The growth in loans to households came from general-purpose cash loans, while...
time shorter than their original loan maturity are primarily associated with housing...loans (at the end of March 2016, one fifth of fixed interest rate...
Residential property, in accordance with paragraph (2) of this Article, means a house...used as a dwelling and a building plot
intended to be used for construction of a...
That is why, to control for this factor,
we add a real house price index....level of financial development; (viii) the level of commercial openness;
(ix)...
