01677cas a2200241 a 4500 AALejournalIMF018639 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484367513 1018-5941 BD-DhAAL BD-DhAAL Ioannou, Iacovos. Housing Price, Credit, and Output Cycles : How Domestic and External Shocks Impact Lithuania's Credit / Iacovos Ioannou. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (55 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Lithuania's current credit cycle highlights the strong link between housing prices and credit. We explore this relationship in more detail by analyzing the main features of credit, housing price, and output cycles in Baltic and Nordic countries during1995-2017. We find a high degree of synchronization between Lithuania's credit and housing price cycles. Panel regressions show a strong correlation between a credit upturn and housing price upturn. Moreover, panel VAR suggests that shocks in housing prices, credit, and output within and outside Lithuania strongly impact Lithuania's credit. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2018/160 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/160/001.2018.issue-160-en.xml IMF e-Library