Housing finance agencies in Asia
By: by Michael Davies, Jacob Gyntelberg and Eric Chan.
Contributors: Gyntelberg, Jacob.; Chan, Eric.; Bank for International Settlements. Monetary and Economic Dept.
Series: BIS working papers -- no. 241
Publisher: Bank for International Settlements
Published: 2007
Place of publication: Basel, Switzerland
Language: eng
Format: Electronic resource
Description: This paper examines the role of government-supported housing finance agencies in Asia.  We estimate the size of the government subsidies received by these agencies, and their  distribution among households, financial institutions and the agencies themselves. We have three main findings. The level of government support provided to housing finance agencies in Asia varies, but is generally small relative to the economy. The housing finance agencies have transferred most of the benefit of their government support to either households or financial institutions. Agencies that participate directly in primary housing finance markets have been most successful in passing on their government support to households.
Notes: Title from PDF file (viewed on Oct. 10, 2008).

"December 2007."

"Monetary and Economic Department."

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.