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Sveriges Riksbank, Stockholm

September 19-20, 2008
Household Indebtedness, House Prices and the Economy
Sveriges Riksbank, Stockholm, Sweden
In the last few decades, house prices have undergone major medium-run fluctuations in many industrialized economies. Boom-bust cycles in house prices, coupled with a substantial increase in household indebtedness, have drawn the attention of policymakers and academics towards the developments in housing markets and their impact on economic activity and financial stability. In that context, the aim of this workshop is to discuss recent swings in house prices and the increasing indebtedness of households, and their impact on the economy. We are interested both in theoretical and empirical work addressing the following topics: (i) household finance and the determinants of household indebtedness, (ii) credit markets, institutional change, and household indebtedness, (iii) household indebtedness, housing markets, and their implications for economic activity and financial stability, (iv) the impact of household indebtedness and housing markets on monetary policy. To address the last topic, we also plan for a panel session with representatives from academia as well as policymakers. [gem?_?? den Informationen des Anbieters - according to site editor's information]
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