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Credit Booms and Lending Standards : Evidence from the Subprime Mortgage Market /

This paper links the current sub-prime mortgage crisis to a decline in lending standards associated with the rapid expansion of this market. We show that lending standards declined more in areas that experienced larger credit booms and house price increases. We also find that the underlying market s...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Dell'Ariccia, Giovanni (Autor), Laeven, Luc (Autor), Igan, Deniz (Autor)
Autor Corporativo: International Monetary Fund
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2008.
©2008
Colección:IMF working paper ; WP/08/106.
Temas:
Acceso en línea:Texto completo