Housing Price, Credit, and Output Cycles: How Domestic and External Shocks Impact Lithuania's Credit

Nopic
Lithuania’s current credit cycle highlights the strong link between housing prices and credit. We explore this relationship in more detail by analyzing the main features of credit, housing price, and output cycles in Baltic and Nordic countries during1995-2017. We find a high degree of synchronization between Lithuania’s credit and housing price... READ MORE...

Publication date: July 2018
ISBN 9781484367513
$18.00

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