The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis*

2009 ◽  
Vol 124 (4) ◽  
pp. 1449-1496 ◽  
Author(s):  
Atif Mian ◽  
Amir Sufi
2008 ◽  
Author(s):  
Atif Mian ◽  
Amir Sufi ◽  
Francesco Trebbi

1989 ◽  
Vol 57 (3) ◽  
pp. 213-234 ◽  
Author(s):  
RICHARD C. K. BURDEKIN ◽  
PAUL BURKETT
Keyword(s):  

2017 ◽  
Vol 76 ◽  
pp. 171-201 ◽  
Author(s):  
Luisa Lambertini ◽  
Victoria Nuguer ◽  
Pinar Uysal

2018 ◽  
Vol 50 (6) ◽  
pp. 1101-1137 ◽  
Author(s):  
THOMAS SCHELKLE

Subject Rising consumer debt in Russia. Significance Outstanding consumer loans hit a record level in July, intensifying the debate in government about the risk of a credit bubble. Russians, especially poorer people and those already in debt, are supplementing static or falling incomes by taking out new loans. Stricter rules discouraging banks from lending to the financially vulnerable have so far failed to stem the trend. Impacts Mortgage credit expansion will help the housing property market. Government-level alarm at the social consequences of debt will pressure the Central Bank to raise prudential requirements more swiftly. Banks will want to see a recovery in corporate sector profitability before accelerating lending to the sector.


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