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The Interaction of Housing Price and Credit: Some Evidence from Iran

Naser Khiabani; shaghayegh shajari

Volume 18, Issue 71 , January 2019, , Pages 21-52

https://doi.org/10.22054/joer.2018.9828

Abstract
  Housing price swings have always been under the spotlight for policy-makers and academics. Financial accelerator mechanism (developed by Bernanke and Gertler, 1999) can provide some explanation to these fluctuations. With focusing on the concept of financial accelerator, this paper sheds light on the ...  Read More