Academics, market practitioners, and government agencies (particularly central banks) are especially concerned that fluctuations in real estate markets could affect the financial stability through many channels. They include (but not limited to): - wealth effect of households; - collateral...

Programme: Session 1 - Monetary Policy and Financial Stability Session 2 - Corporate Leverage in China Session 3 - Banking Regulation and Credit Supply Session 4 - China’s Credit Boom and Business Cycle Session 5 - Banking Competition and Financial Stability