Number of the records: 1
The binding credit constraints and the welfare effects of housing price appreciation
- 1.0359169 - NHÚ 2012 RIV CZ eng J - Journal Article
Tsharakyan, Ashot - Janíčko, M.
The binding credit constraints and the welfare effects of housing price appreciation.
Prague Economic Papers. Roč. 19, č. 4 (2010), s. 359-382. ISSN 1210-0455. E-ISSN 2336-730X
R&D Projects: GA MŠMT LC542
Institutional research plan: CEZ:AV0Z70850503
Keywords : aggregate welfare * binding credit constraints * demand and supply side shocks
Subject RIV: AH - Economics
Impact factor: 0.390, year: 2010
http://www.vse.cz/polek/download.php?jnl=pep&pdf=382.pdf
The paper deals with some relevant effects of appreciation of housing prices on social and aggregate welfare. As it has been found difficult to assess the current situation given the housing market being the most affected by the crisis, earlier data from 1995 to 2006 have been used.
Permanent Link: http://hdl.handle.net/11104/0197004
Number of the records: 1