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Housing bubbles, the leverage cycle and the role of central banking

Occasional Studies

Published: 20 October 2025

By: Jeroen Hessel Jolanda Peeters

Several times per year DNB issues an Occasional Study, a publication designed for a broader public than just economists. Occasional Studies cover a specific research or policy theme, contributing to national and international policy debates.

Housing bubbles, the leverage cycle and the role of central banking

Housing bubbles, the leverage cycle and the role of central banking

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