Bertay, Ata Can - Tilburg University, Center for Economic Research - 2014
domestic real estate shocks into lending abroad. A 1% decrease in real estate prices in home country, in particular, leads to a … for regulation in alleviating the transmission of real estate shocks. Further, the analysis of the impact of real estate … shocks on foreign subsidiary funding indicates that shocks are transmitted through changes in long-term debt funding and …