{"id":"https://openalex.org/W2948343397","doi":"https://doi.org/10.1007/s11146-019-09705-z","title":"The Housing Cycle: What Role for Mortgage Market Development and Housing Finance?","display_name":"The Housing Cycle: What Role for Mortgage Market Development and Housing Finance?","publication_year":2019,"publication_date":"2019-06-15","ids":{"openalex":"https://openalex.org/W2948343397","doi":"https://doi.org/10.1007/s11146-019-09705-z","mag":"2948343397"},"language":"en","primary_location":{"id":"doi:10.1007/s11146-019-09705-z","doi":"https://doi.org/10.1007/s11146-019-09705-z","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s11146-019-09705-z","pdf_url":"https://link.springer.com/content/pdf/10.1007/s11146-019-09705-z.pdf","source":{"id":"https://openalex.org/S202178085","display_name":"The Journal of Real Estate Finance and Economics","issn_l":"0895-5638","issn":["0895-5638","1573-045X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Real Estate Finance and Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007/s11146-019-09705-z.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030847446","display_name":"Luca Agnello","orcid":"https://orcid.org/0000-0002-5795-7319","observed_orcids":["https://orcid.org/0000-0002-5795-7319"]},"institutions":[{"id":"https://openalex.org/I900890020","display_name":"University of Palermo","ror":"https://ror.org/044k9ta02","country_code":"IT","type":"education","lineage":["https://openalex.org/I900890020"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Luca Agnello","raw_affiliation_strings":["Department of Economics, Business and Statistics (SEAS), University of Palermo, Viale delle Scienze, 90128, Palermo, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Business and Statistics (SEAS), University of Palermo, Viale delle Scienze, 90128, Palermo, Italy","institution_ids":["https://openalex.org/I900890020"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5031605001","display_name":"V\u00edtor Castro","orcid":"https://orcid.org/0000-0002-6426-6663","observed_orcids":["https://orcid.org/0000-0002-6426-6663"]},"institutions":[{"id":"https://openalex.org/I143804889","display_name":"Loughborough University","ror":"https://ror.org/04vg4w365","country_code":"GB","type":"education","lineage":["https://openalex.org/I143804889"]},{"id":"https://openalex.org/I99682543","display_name":"University of Minho","ror":"https://ror.org/037wpkx04","country_code":"PT","type":"education","lineage":["https://openalex.org/I99682543"]}],"countries":["GB","PT"],"is_corresponding":true,"raw_author_name":"Vitor Castro","raw_affiliation_strings":["Economic Policies Research Unit (NIPE), University of Minho, Campus of Gualtar, 4710-057, Braga, Portugal","School of Business and Economics, Loughborough University, Loughborough, Leicestershire LE11 3TU, UK"],"raw_orcid":"https://orcid.org/0000-0002-6426-6663","affiliations":[{"raw_affiliation_string":"Economic Policies Research Unit (NIPE), University of Minho, Campus of Gualtar, 4710-057, Braga, Portugal","institution_ids":["https://openalex.org/I99682543"]},{"raw_affiliation_string":"School of Business and Economics, Loughborough University, Loughborough, Leicestershire LE11 3TU, UK","institution_ids":["https://openalex.org/I143804889"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5030299466","display_name":"Ricardo Magalhaes Sousa","orcid":"https://orcid.org/0000-0002-8279-5753","observed_orcids":["https://orcid.org/0000-0002-8279-5753"]},"institutions":[{"id":"https://openalex.org/I909854389","display_name":"London School of Economics and Political Science","ror":"https://ror.org/0090zs177","country_code":"GB","type":"education","lineage":["https://openalex.org/I124357947","https://openalex.org/I909854389"]},{"id":"https://openalex.org/I99682543","display_name":"University of Minho","ror":"https://ror.org/037wpkx04","country_code":"PT","type":"education","lineage":["https://openalex.org/I99682543"]}],"countries":["GB","PT"],"is_corresponding":false,"raw_author_name":"Ricardo M. Sousa","raw_affiliation_strings":["Department of Economics and Economic Policies Research Unit (NIPE), University of Minho, Campus of Gualtar, 4710-057, Braga, Portugal","London School of Economics and Political Science, LSE Alumni Association, Houghton Street, London, WC2 2AE, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics and Economic Policies Research Unit (NIPE), University of Minho, Campus of Gualtar, 4710-057, Braga, Portugal","institution_ids":["https://openalex.org/I99682543"]},{"raw_affiliation_string":"London School of Economics and Political Science, LSE Alumni Association, Houghton Street, London, WC2 2AE, UK","institution_ids":["https://openalex.org/I909854389"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5031605001"],"corresponding_institution_ids":["https://openalex.org/I143804889","https://openalex.org/I99682543"],"apc_list":{"value":2690,"currency":"USD","value_usd":2690},"apc_paid":{"value":2690,"currency":"USD","value_usd":2690},"fwci":7.7739,"has_fulltext":true,"cited_by_count":55,"citation_normalized_percentile":{"value":0.97231817,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"61","issue":"4","first_page":"607","last_page":"670"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.9779999852180481,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.9779999852180481,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.010400000028312206,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.0052999998442828655,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/housing-cycle","display_name":"housing cycle","score":0.9580000042915344},{"id":"https://openalex.org/keywords/mortgage-securitization","display_name":"mortgage securitization","score":0.8970000147819519},{"id":"https://openalex.org/keywords/housing-finance","display_name":"housing finance","score":0.7580000162124634},{"id":"https://openalex.org/keywords/housing-finance-regulation","display_name":"housing finance regulation","score":0.8050000071525574},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.6830000281333923},{"id":"https://openalex.org/keywords/macroprudential-policy","display_name":"macroprudential policy","score":0.8500000238418579},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.9049999713897705},{"id":"https://openalex.org/keywords/oecd-countries","display_name":"OECD countries","score":0.7260000109672546}],"concepts":[{"id":"https://openalex.org/C141441539","wikidata":"https://www.wikidata.org/wiki/Q1970908","display_name":"Boom","level":2,"score":0.7880952954292297},{"id":"https://openalex.org/C2780619108","wikidata":"https://www.wikidata.org/wiki/Q852175","display_name":"Securitization","level":2,"score":0.6877012848854065},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5188906788825989},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4896867573261261},{"id":"https://openalex.org/C165060548","wikidata":"https://www.wikidata.org/wiki/Q555344","display_name":"Loan-to-value ratio","level":5,"score":0.47520288825035095},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.46268975734710693},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.44726696610450745},{"id":"https://openalex.org/C82279013","wikidata":"https://www.wikidata.org/wiki/Q684740","display_name":"Real estate","level":2,"score":0.43305474519729614},{"id":"https://openalex.org/C58823610","wikidata":"https://www.wikidata.org/wiki/Q746418","display_name":"Liberalization","level":2,"score":0.4188893437385559},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3821261525154114},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3785439133644104},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3733125329017639},{"id":"https://openalex.org/C97330809","wikidata":"https://www.wikidata.org/wiki/Q4202997","display_name":"Mortgage insurance","level":4,"score":0.3221206068992615},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.15812081098556519},{"id":"https://openalex.org/C68799949","wikidata":"https://www.wikidata.org/wiki/Q977871","display_name":"Insurance policy","level":2,"score":0.07557404041290283},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C22738907","wikidata":"https://www.wikidata.org/wiki/Q3813256","display_name":"Casualty insurance","level":3,"score":0.0},{"id":"https://openalex.org/C87717796","wikidata":"https://www.wikidata.org/wiki/Q146326","display_name":"Environmental engineering","level":1,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1007/s11146-019-09705-z","doi":"https://doi.org/10.1007/s11146-019-09705-z","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s11146-019-09705-z","pdf_url":"https://link.springer.com/content/pdf/10.1007/s11146-019-09705-z.pdf","source":{"id":"https://openalex.org/S202178085","display_name":"The Journal of Real Estate Finance and Economics","issn_l":"0895-5638","issn":["0895-5638","1573-045X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Real Estate Finance and Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:kap:jrefec:v:61:y:2020:i:4:d:10.1007_s11146-019-09705-z","doi":null,"is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s11146-019-09705-z","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:dspace.lboro.ac.uk:2134/37752","doi":null,"is_oa":true,"landing_page_url":"https://dspace.lboro.ac.uk/2134/37752","pdf_url":null,"source":{"id":"https://openalex.org/S4306401023","display_name":"Loughborough University Institutional Repository (Loughborough University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I143804889","host_organization_name":"Loughborough University","host_organization_lineage":["https://openalex.org/I143804889"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"},{"id":"pmh:oai:figshare.com:article/9493676","doi":null,"is_oa":true,"landing_page_url":"https://figshare.com/articles/journal_contribution/The_housing_cycle_what_role_for_mortgage_market_development_and_housing_finance_/9493676","pdf_url":null,"source":{"id":"https://openalex.org/S4306402585","display_name":"Loughborough University Research Repository (Loughborough University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I143804889","host_organization_name":"Loughborough University","host_organization_lineage":["https://openalex.org/I143804889"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Text"},{"id":"pmh:oai:iris.unipa.it:10447/388304","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10447/388304","pdf_url":null,"source":{"id":"https://openalex.org/S4306401065","display_name":"Nova Science Publishers (Nova Science Publishers, Inc.)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.1007/s11146-019-09705-z","doi":"https://doi.org/10.1007/s11146-019-09705-z","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s11146-019-09705-z","pdf_url":"https://link.springer.com/content/pdf/10.1007/s11146-019-09705-z.pdf","source":{"id":"https://openalex.org/S202178085","display_name":"The Journal of Real Estate Finance and Economics","issn_l":"0895-5638","issn":["0895-5638","1573-045X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Real Estate Finance and Economics","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.5473999977111816,"display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[{"id":"https://openalex.org/G5607444322","display_name":"N\u00facleo de Investiga\u00e7\u00e3o em Pol\u00edticas Econ\u00f3micas","funder_award_id":"UID/ECO/03182/2019","funder_id":"https://openalex.org/F4320334779","funder_display_name":"Funda\u00e7\u00e3o para a Ci\u00eancia e a Tecnologia"}],"funders":[{"id":"https://openalex.org/F4320320341","display_name":"Loughborough University","ror":"https://ror.org/04vg4w365"},{"id":"https://openalex.org/F4320334779","display_name":"Funda\u00e7\u00e3o para a Ci\u00eancia e a Tecnologia","ror":"https://ror.org/00snfqn58"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2948343397.pdf","grobid_xml":"https://content.openalex.org/works/W2948343397.grobid-xml"},"referenced_works_count":89,"referenced_works":["https://openalex.org/W1525009105","https://openalex.org/W1547817368","https://openalex.org/W1568523260","https://openalex.org/W1573079789","https://openalex.org/W1575332740","https://openalex.org/W1595879258","https://openalex.org/W1595909286","https://openalex.org/W1605587069","https://openalex.org/W1630750817","https://openalex.org/W1681090692","https://openalex.org/W1908956652","https://openalex.org/W1959097867","https://openalex.org/W1960615243","https://openalex.org/W1964083889","https://openalex.org/W1968921820","https://openalex.org/W1974897232","https://openalex.org/W1978616969","https://openalex.org/W1983322959","https://openalex.org/W1994670953","https://openalex.org/W1997274524","https://openalex.org/W1997848962","https://openalex.org/W2008506668","https://openalex.org/W2016039334","https://openalex.org/W2016525917","https://openalex.org/W2017871126","https://openalex.org/W2019294620","https://openalex.org/W2029940315","https://openalex.org/W2033242878","https://openalex.org/W2035058977","https://openalex.org/W2045935129","https://openalex.org/W2048644849","https://openalex.org/W2058819230","https://openalex.org/W2078967639","https://openalex.org/W2083620364","https://openalex.org/W2087666449","https://openalex.org/W2102277825","https://openalex.org/W2105385659","https://openalex.org/W2107365429","https://openalex.org/W2123953450","https://openalex.org/W2124532652","https://openalex.org/W2131838683","https://openalex.org/W2136513790","https://openalex.org/W2146171062","https://openalex.org/W2146396458","https://openalex.org/W2147001040","https://openalex.org/W2154368283","https://openalex.org/W2167003521","https://openalex.org/W2170253031","https://openalex.org/W2232196590","https://openalex.org/W2235037698","https://openalex.org/W2247393840","https://openalex.org/W2262835893","https://openalex.org/W2282133483","https://openalex.org/W2304761777","https://openalex.org/W2461805339","https://openalex.org/W2468902863","https://openalex.org/W2557060401","https://openalex.org/W2560071479","https://openalex.org/W2591639469","https://openalex.org/W2592448400","https://openalex.org/W2740485219","https://openalex.org/W2766432459","https://openalex.org/W2766892128","https://openalex.org/W2787993933","https://openalex.org/W2896119125","https://openalex.org/W2898228938","https://openalex.org/W2953520766","https://openalex.org/W2991445549","https://openalex.org/W3121309094","https://openalex.org/W3121333439","https://openalex.org/W3122000895","https://openalex.org/W3122601434","https://openalex.org/W3122858457","https://openalex.org/W3123238895","https://openalex.org/W3123593169","https://openalex.org/W3123671676","https://openalex.org/W3123884917","https://openalex.org/W3123974579","https://openalex.org/W3124356542","https://openalex.org/W3124936038","https://openalex.org/W3125393611","https://openalex.org/W3125574561","https://openalex.org/W3125640759","https://openalex.org/W3125812377","https://openalex.org/W3160798809","https://openalex.org/W3202041660","https://openalex.org/W4206774799","https://openalex.org/W4231380508","https://openalex.org/W4301724175"],"related_works":["https://openalex.org/W7097217389","https://openalex.org/W2954319091","https://openalex.org/W3125574561","https://openalex.org/W4398214361","https://openalex.org/W1584261633","https://openalex.org/W1508940467","https://openalex.org/W2264086530","https://openalex.org/W3121491712","https://openalex.org/W2024300391","https://openalex.org/W2509331555"],"abstract_inverted_index":{"Abstract":[0],"We":[1],"use":[2],"duration":[3],"analysis":[4],"to":[5,84,93,134,149,175],"assess":[6],"the":[7,21,38,74,95,124,152,159],"impact":[8],"of":[9,23,33,76,114,155,195],"securitization,":[10],"mortgage":[11,51],"sector":[12,52],"liberalization":[13],"and":[14,27,79,128,158],"government":[15,101,179],"involvement":[16],"in":[17,30,62,140,181,187],"housing":[18,24,57,68,77,85,109,137,142,156,165,182],"finance":[19,86,143,183],"on":[20,123],"length":[22,75],"booms,":[25,58],"busts":[26,80,157],"normal":[28,98],"times":[29],"a":[31,45,48,188],"panel":[32],"20":[34],"OECD":[35],"countries":[36],"over":[37],"period":[39],"1970Q1-2015Q4.":[40],"Our":[41],"results":[42],"reveal":[43],"that":[44,73,89,190],"move":[46],"towards":[47],"more":[49],"liberalized":[50],"is":[53,64,81,131],"associated":[54,163],"with":[55,66,164],"longer":[56],"while":[59],"an":[60,172,192],"increase":[61],"securitization":[63],"linked":[65],"shorter":[67],"busts.":[69,110],"They":[70],"also":[71,132,170],"show":[72],"booms":[78],"particularly":[82],"sensitive":[83],"characteristics,":[87],"but":[88],"does":[90],"not":[91,105],"seem":[92],"be":[94,171,185],"case":[96],"for":[97],"times.":[99],"Additionally,":[100],"support":[102],"measures":[103],"do":[104],"necessarily":[106],"cushion":[107],"against":[108,151],"A":[111],"careful":[112],"assessment":[113],"their":[115,121],"distributional":[116],"impact,":[117],"as":[118,120],"well":[119],"effect":[122],"trade-off":[125],"between":[126],"liquidity":[127],"guarantee/loan":[129],"provision,":[130],"required":[133],"prevent":[135],"(longer)":[136],"booms.":[138,166],"All":[139],"all,":[141],"regulation":[144],"may":[145],"prove":[146],"especially":[147],"relevant":[148],"shield":[150],"damaging":[153],"effects":[154],"financial":[160],"stability":[161],"risks":[162],"Monetary":[167],"policy":[168],"can":[169],"important":[173],"complement":[174],"macro-prudential":[176],"policies.":[177],"Finally,":[178],"participation":[180],"should":[184],"designed":[186],"way":[189],"avoids":[191],"undesirable":[193],"amplification":[194],"house":[196],"price":[197],"fluctuations.":[198]},"counts_by_year":[{"year":2026,"cited_by_count":6},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":7},{"year":2023,"cited_by_count":11},{"year":2022,"cited_by_count":11},{"year":2021,"cited_by_count":7},{"year":2020,"cited_by_count":7},{"year":2019,"cited_by_count":1}],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2019-06-14T00:00:00"}
