Kelly, Robert; McCann, Fergal; O'Toole, Conor - 2017
We provide a micro-empirical link between the large literature on credit and house prices and the burgeoning literature … scenarios of macroprudential restrictions on LTV, LTI and DSR on credit availability and house prices in Ireland for 2003 and … 2006. Our results suggest that macroprudential limits would have had substantial impacts on house prices, and that both the …