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The binding credit constraints and the welfare effects of housing price appreciation
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SYSNO ASEP 0359169 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Článek ve WOS Title The binding credit constraints and the welfare effects of housing price appreciation Author(s) Tsharakyan, Ashot (NHU-N)
Janíčko, M. (CZ)Source Title Prague Economic Papers. - : Vysoká škola ekonomická v Praze - ISSN 1210-0455
Roč. 19, č. 4 (2010), s. 359-382Number of pages 24 s. Publication form www - www Language eng - English Country CZ - Czech Republic Keywords aggregate welfare ; binding credit constraints ; demand and supply side shocks Subject RIV AH - Economics R&D Projects LC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS) CEZ AV0Z70850503 - NHU-N (2005-2011) UT WOS 000286296600005 Annotation 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. Workplace Economics Institute Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2012 Electronic address http://www.vse.cz/polek/download.php?jnl=pep&pdf=382.pdf
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