Essays on credit, asset prices and macro-prudential policy
Chapter one of this thesis examines the behaviour of credit volumes, asset prices and output for US data using a dummy-augmented vector autoregression model. The paper contributes to the literature in three ways. Firstly, statistical analysis indicates that from 1985 onward house prices exhibit phas...
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University of Kent
2017
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.754819 |