Loan-to-Value Ratio as a Macro-Prudential Tool: Hong Kong's Experience and Cross-Country Evidence
Published By: HKMA on eSS | Published Date: February, 17 , 2011This study assesses the effectiveness and drawbacks of maximum loan-to-value (LTV)
ratios as a macroprudential tool based on Hong Kong’s experience and econometric
analyses of panel data from 13 economies.[Working Paper 01/2011]. URL:[http://www.hkma.gov.hk/media/eng/publication-and-research/research/working-papers/HKMAWP11_01_full.pdf].
Author(s): Eric Wong, Tom Fong, Ka-fai Li, Henry Choi | Posted on: Oct 03, 2011 | Views(649) | Download (201)