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van der Drift, R. (author), de Haan, J.G. (author), Boelhouwer, P.J. (author)
Over the last decade, house prices have increased substantially in nearly all OECD countries. These house price increases frequently coincided with changes in mortgage credit conditions; i.e., decreases in the interest rate and increases in income. This is in line with existing literature, which finds an equilibrium relationship between...
journal article 2023