I analyze the development of the loan‐to‐value (LTV) ratio limit for households as a
macroprudential policy tool in both theory and practice, by surveying theoretical and …

This paper analyzes over 700 estimates from 34 studies on the impact of borrower‐based
measures (such as loan‐to‐value, debt‐to‐income, and debt‐service‐to‐income ratios) on …

This paper studies the effects of regulatory measures concerning maximum loan-to-value
(LTV), debt-to-income (DTI), and debt service-to-income ratios (DSTI) on new loans secured …

Chonsei, an exceptional but prevalent housing rental system in the Republic of Korea,
functions as private loans between individuals, and its implicit interest rate is called the …

We examine the time-varying causal link between monetary policies and macroeconomy,
macroprudential policies and financial stability in China. We find that expansionary …

Booming house prices are historically correlated with loose lending standards. Nonetheless,
in Spain the loan‐to‐value (LTV) ratio failed to capture imbalances during the last housing …

In this paper, we extend and calibrate with Italian data the Agent-based model of the real
estate sector described in Baptista et al., 2016. We design a novel calibration methodology …

We study various macroprudential tools and their interaction with monetary policy in a New
Keynesian model featuring long-term debt, illiquid housing and an effective lower bound …

We use household‐level data to analyze how the introduction of interest‐only (IO)
mortgages in Denmark affected consumption expenditure and borrowing. Using an ex ante …

급격한 주택가격 상승과 가계대출 증가를 억제하기 위해 정부는 2017 년부터 다양한 대출
규제정책을 시행하고 있으며 한국은행은 최근 기준금리를 지속적으로 인상하고 있다. 본 …