Housing prices and household borrowing are expected to be tightly connected to each other. Better availability of …, housing prices may significantly influence household borrowing through various wealth effects. Employing time series … credit eases liquidity constraints of households, which is likely to lead to higher demand for housing. On the other hand …

In this paper, we analyze the borrowing behavior of Japanese households in comparison to the other Group of Seven (G7 … in recent years, due partly to the fact that tax breaks for housing purchase, reforms in the housing loan market since … the early 2000s, and expansionary monetary policy enabled Japanese households to purchase housing at a younger age than …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … and higher user costs of housing are both associated with larger money holdings. Country-specific money holdings are also … connected with structural features of the housing market. …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … and higher user costs of housing are both associated with larger money holdings. Country-specific money holdings are also … connected with structural features of the housing market. …

This article provides new empirical evidence on the dynamics of price movements and transaction volume in the housing … negative correlation between price level and sales that has been found in a number of housing markets. It is also found that … the direct predictive ability of the fundamentals with respect to housing price growth and sales is overwhelmed by the …

This paper models the borrowing decision of a small firm seeking a bank loan when it can optionally hire, at a cost, an …

by examining the nature of small business lending and the factors that make banks the primary providers of credit to … whether the nature of small business lend­ing satisfies those conditions. We argue that certain characteristics of small firm … lending to small busi­nesses. Securitizations of small business loans could still take place, but they are likely to be …

potentially could influence this relationship. Due to the fact that small and large banks differ considerably in their lending …