Exuberance, bubbles and bubble contagion in the portuguese housing market: a perspective from disaggregate bank evaluations
Bubbles in housing markets can impact the macroeconomy via wealth effects and the banking system via credit backed by overvalued collateral. Housing bubbles also reduce affordability of shelter as a basic need. This paper finds bubbles/exuberance in the Portuguese housing markets using suitable empi...
Autor principal: | |
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Formato: | masterThesis |
Idioma: | eng |
Publicado em: |
2020
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Assuntos: | |
Texto completo: | http://hdl.handle.net/10362/108432 |
País: | Portugal |
Oai: | oai:run.unl.pt:10362/108432 |