(
γCaut∗JBJ
)
+βµ
∑
y′
Q(y′|y)
π(M)
(
δ(M)V RABJ(y′, 0,M) + (1− δ(M))V RAB...repay
V DAJ
AJ A+ J A+ J default
V RAJAJ A+ J A+ J repay
V DA
B A B default
V...
The growth in housing loans stabilised on a high single-digit level, with the growth...Systemic risks are also intensified by possible costs stemming from the...
Geopolitics, the green
transition and demographic trends could generate more persistent...capturing medium-term cycles in real credit, the credit-to-GDP ratio
and real...
