The housing cycle: what role for mortgage market development and housing finance?

We use duration analysis to assess the impact of securitization, mortgage sector liberalization and government involvement in housing finance on the length of housing booms, busts and normal times in a panel of 20 OECD countries over the period 1970Q1-2015Q4. Our results reveal that a move towards a...

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Bibliographic Details
Main Authors: Luca Agnello, Vitor Castro, Ricardo M. Sousa
Format: Default Article
Published: 2019
Subjects:
Other economics not elsewhere classified
Housing booms and busts
Duration analysis
Securitization
Housing finance characteristics
Government participation
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/37752
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