It takes the average reader and 58 minutes to read The Anatomy of the Transmission of Macroprudential Policies by Viral V. Acharya
Assuming a reading speed of 250 words per minute. Learn more
We analyze how regulatory constraints on household leverage—in the form of loan-to-income and loan-to-value limits—a?ect residential mortgage credit and house prices as well as other asset classes not directly targeted by the limits. Supervisory loan level data suggest that mortgage credit is reallocated from low-to high-income borrowers and from urban to rural counties. This reallocation weakens the feedback loop between credit and house prices and slows down house price growth in “hot” housing markets. Consistent with constrained lenders adjusting their portfolio choice, more-a?ected banks drive this reallocation and substitute their risk-taking into holdings of securities and corporate credit.
The Anatomy of the Transmission of Macroprudential Policies by Viral V. Acharya is 57 pages long, and a total of 14,649 words.
This makes it 19% the length of the average book. It also has 18% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 20 minutes to read The Anatomy of the Transmission of Macroprudential Policies aloud.
The Anatomy of the Transmission of Macroprudential Policies is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
The Anatomy of the Transmission of Macroprudential Policies by Viral V. Acharya is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy The Anatomy of the Transmission of Macroprudential Policies by Viral V. Acharya on Amazon click the button below.
Buy The Anatomy of the Transmission of Macroprudential Policies on Amazon