128 Academia Road, Section 2
Nankang
Taipei, 11529
Taiwan
Institute of Economics, Academia Sinica
loan-to-value ratio, place-based mortgage restrictions, macroprudential policy, intermediation, collateral misreporting, house prices, border discontinuity, location sorting
Tobin tax, price-rent ratio, macroprudential policy, housing investment, noise trading, optimal corrective taxation
Financial crises; Macroprudential policy; Liquidity; Fire sale; Basel III.
Sudden stops, Pecuniary externality, Overborrowing, Lender structure