The Global Financial Crisis and Housing: A New Policy Paradigm (KDI series in Economic Policy and Development)
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This innovative book analyses the role played by real estate markets in global financial stability and examines the fragile link between the two. Through what transmission channels do housing market cycles influence broader economic systems? How has the Global Financial Crisis shifted our view and understanding of these linkages? This detailed book answers these questions in an international comparative perspective. Specific topics covered include macroeconomic transmission channels of the housing cycle, the role of housing in the finance system, construction financing as a cycle amplifier, and various related public policy issues such as the policy remedies needed to deal with housing and mortgage-driven crises.
Format:Hardcover
Language:English
ISBN:1783472871
ISBN13:9781783472871
Release Date:May 2014
Publisher:Edward Elgar Publishing
Length:368 Pages
Weight:1.49 lbs.
Dimensions:9.3" x 1.0" x 6.3"
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