Purpose: This paper explores how firms formed their expectations about the availability of bank finance since the financial crisis. Various expectations hypotheses that incorporate backward and/or forward-looking elements and inattention are tested. From a policy perspective, the most important...

This article investigates the determinants of house prices in a sample of European countries over the period 1970 to 2004. Focusing on the role of financial liberalization, we find that it has mainly affected the short-term dynamics of residential prices. In particular, the impulse effects on...

Purpose – Aims to examine the current financial scenario in Cyprus and to suggest medium-term reforms to the institutional set-up of Cypriot financial supervision. Design/methodology/approach – Details the different sectors in Cyprus's financial set-up and suggests measures necessary for...

Purpose – Aims to examine the current financial scenario in Cyprus and to suggest medium‐term reforms to the institutional set‐up of Cypriot financial supervision. Design/methodology/approach – Details the different sectors in Cyprus's financial set‐up and suggests measures necessary...