The Housing Boom and Bust in Spain: Impact of the Securitisation Model and Dynamic Provisioning
Published on Friday, September 19, 2008 | Updated on Friday, June 20, 2014
The Housing Boom and Bust in Spain: Impact of the Securitisation Model and Dynamic Provisioning
Summary
In this paper we explore some lessons from the Spanish housing boom and the incipient bust from the point of view of the usefulness of the regulatory approach, with particular regard to dynamic provisions and the regulatory treatment of securitisation.
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- Banks
- Macroeconomic Analysis
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Authors
Alicia García-Herrero
Santiago Fernández de Lis
BBVA Regulation - Head of Regulation