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, constituting the most valuable asset owned by most households and often requiring housing finance (mortgages) to allow for purchase …The paper provides a review of the literature that links housing, housing finance, and economic development. The …. These links - between housing and the economy and between housing and housing finance - are explored in this review paper …
Persistent link: https://www.econbiz.de/10009781135
Health progress, as measured by the decline in mortality rates and the increase in life expectancy, is usuallyconceived as related to economic growth, especially in the long run. In this investigation it is shown thateconomic growth is positively associated with health progress in Sweden...
Persistent link: https://www.econbiz.de/10009476720
The literature on R&D-driven economic growth suggests that technological innovations result from entrepreneurial activities such as R&D investments. In the first two chapters of this dissertation, I develop tractable frameworks to characterize and quantitatively evaluate the effects of patent...
Persistent link: https://www.econbiz.de/10009476911
Canada has experienced drastic changes in its economy during the global financial crisis. This Selected Issues paper discusses the evolution of equilibrium real home prices in key Canadian provinces in the post-crisis period, Canadian dollar movement during and after the global financial turmoil...
Persistent link: https://www.econbiz.de/10011242764
This Selected Issues paper on Canada examines economic development and policies. Capital ratios before the crisis have been a key determinant of bank performance during the turmoil; and Canadian banks had ample capital. Specifically, most banks with critically low capital at end-2006 later...
Persistent link: https://www.econbiz.de/10011244253
Norway’s near-term macroeconomic priority is to reduce risks arising from high-household debt by tightening macroprudential standards for mortgage lending while undertaking tax reforms to gradually reduce incentives for excessive leverage. Creating a stronger institutional framework for...
Persistent link: https://www.econbiz.de/10011244493
Remarks at the National Association for Business Economics Annual Meeting, New York City.
Persistent link: https://www.econbiz.de/10010724979
Remarks at the National Association for Business Economics Annual Meeting, New York City.
Persistent link: https://www.econbiz.de/10010585866
Jappelli and Pagano (1994) argues that tightening the borrowing constraints in the mortgage markets promotes savings. Employing a six-period overlapping generations model with endogenous growth and a method of simulation calibrated on the Middle East, this paper demonstrates that the above...
Persistent link: https://www.econbiz.de/10005263983
Persistent link: https://www.econbiz.de/10009715367