Browsing Staff Memo by Subject "money and credit"
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Credit, House Prices, and Risk Taking by Banks in Norway
(Staff Memo;13/2011, Working paper, 2011)Motivated by alternative explanations of the financial crisis (e.g., Acharya and Richardson, 2010; Taylor, 2007), I study, first, repercussions between house price growth and household credit growth in Norway, and second, ...