Aufsatz(elektronisch)16. Juni 2017
Rising House Prices and Ultra‐low Interest Rates: A Recipe for a New Banking Crisis?
In: Economic affairs: journal of the Institute of Economic Affairs, Band 37, Heft 2, S. 254-270
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Abstract
AbstractAre overheating housing markets and rising interest rate risks becoming a breeding ground for yet another banking crisis? We assess these risks for the German case. We find that they are indeed building up and may very well form the basis for a new banking crisis – unless prevented through responsible banking decisions, supervisory guidance, and policy adjustments.
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