The Housing Boom and Bust in Spain: Impact of the Securitisation Model and Dynamic Provisioning

In this paper we explore some lessons from the Spanish housing boom and the incipient bust from the point of view of the usefulness of the regulatory approach, with particular regard to dynamic provisions and the regulatory treatment of securitisation. First, we describe the main features of the recent housing cycle. Secund, we summarize the Spanish securitisation model. Third, we deal with dynamic provisions and in the last section, we present some conclusions.

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Year of publication:	2008-09
Authors:	Garcia-Herrero, Alicia ; Fernandez de Lis, Santiago
Institutions:	BBVA Research, Grupo BBVA

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 0806 14 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009364712