May, accompanied by a significant flow of new loans to households (in particular housing...sectors, household loans increased the most (EUR 0.2bn) following a new round 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:...
That is why, to control for this factor,
we add a real house price index....dimensional Panel VAR
model that enriches our baseline VAR with a measure of the...
