Series: IMF Working Papers
Author(s): Abdelhak Senhadji , and Charles Collyns
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2002
Keywords: Lending Booms, Real Estate Bubbles, Asia Crisis, real estate, stock market, real estate prices, moral hazard, Asian Crisis,
This paper examines the link between lending booms, asset price cycles, and financial crises across East Asian countries. Both theoretical arguments and empirical evidence support a strong relationship between bank...