Session II House Prices and Macroprudential Policies
Chairman: Ján Tóth (National...Scatigna and Agne Subelyte (Bank
for International Settlements)
DETERMINANTS OF...
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:...
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,...
