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This paper examines rising asset prices in India. For the most part, asset prices in India...

The financial crisis showed, once again, that neglecting real estate booms can have disastrous...

This paper identifies a new mechanism leading to inefficiency in capital reallocation at the...

This Selected Issues paper examines macro-financial risks associated with housing boom in...

China's residential real estate sector plays an important role in the economy and has been a...

Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The...