Discover cutting-edge science and solutions for the world of tomorrow! Join us for this new lecture series with researchers from the University of Luxembourg. Open to all and free of charge, with topics from across our research areas. Lectures will be held in different languages and at a range of venues. Speaker Prof. Christos Koulovatianos Full professor | Faculty of Law, Economics and Finance | Department of Finance Abstract Luxembourg is one of the countries with the highest household leveraging on private debt and mortgage loans. Since long ago, there is a growing discrepancy between rental costs and house prices, leading to a potential economy-wide exposure to external shocks, such as energy shocks. With real estate being in the balance sheets of households, companies, and banks, the risk of a housing bubble and subsequent burst is systematic: a sudden drop in house prices can trigger a major economy-wide crisis. Concepts and principles on how to detect exposures and how to influence housing-cost dynamics through policy will be presented.
