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Latin America : vulnerabilities under construction? /

This paper documents developments in mortgage credit and the housing sector in Latin America over the past decade, and compares them with those of other emerging economies. In particular, it examines the real estate and mortgage markets to assess whether (i) growth in mortgage credit is excessive co...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Cubeddu, Luis M. (Author), Tovar Mora, Camilo Ernesto (Author), Tsounta, Evridiki (Author)
Corporate Author: International Monetary Fund. Western Hemisphere Department
Format: Electronic eBook
Language:Inglés
Published: [Place of publication not identified] : International Monetary Fu, 2012.
Series:IMF working paper ; WP/12/193.
Subjects:
Online Access:Texto completo
Table of Contents:
  • Cover; Contents; I. Introduction; Figures; 1. Latin America: Mortgage and Housing Market Developments; II. Developments in The Mortgage Credit and Real Estate Sector; A. Mortgage Credit; B. Construction Activity; C. House Prices; III. Making the Most of Imperfect Data; A. Identifying Mortgage Booms; Tables; 1. Data Availability on Select Financial and Housing Sector Indicators; B. Identifying Housing Price Booms; 2. Determinants of Equilibrium House Prices: Chile, Colombia, Mexico, and Peru; 2. Actual and Estimated Real House Prices; 3. House Price Over/(under)valuation; Box.
  • 1. Colombia's Mortgage Crisis of the Late 1990s: A Cautionary TaleIV. The Household Debt Burden and Financial Balance Sheets; V. Conclusions and Policy Recommendations; References; Appendices; I. Data Definitions and Sources; II. Methodologies for Estimating Credit Booms and House Price Bubbles; III. Cointegration Tests.