26 Jun Your paper should include the foll
Your paper should include the following subsections (Note: Maximum Total Grade = 100%): 1. Introduction: Describe changes in housing market policies in your chosen country (10%) 2. Background: Describe the reasons policymakers cited or suggested for introducing changes in policy (10%) 3. Descriptive Statistics: Document housing prices, credit, household leverage, etc. dynamics prior to and after changes in LTVs and other introduced policies (10%) 4. Literature review: Describe how and why these policies may or may not work. What are the real- financial linkages? You must provide references to economic theory! (20%) 5. Empirical Evidence: Determine the effectiveness of these policies. I would like to see some correlation or regression analysis. (20%) 6. Policy Risks: What are the potential costs and risks (i.e., unintended consequences) of these policy actions? Provide a short literature review. (10%) 7. Appendices: Use graphs, charts, tables to illustrate and present description statistics and empirical evidence. Refer to them in the main text (10%) ï‚· Sources of data should be indicated at the bottom of each graph, chart, and table 8. Abstract (self-contained 100 word summary at the beginning of your paper), Conclusion, and List of References (10%)
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