After the financial crisis of 2007, the Dodd-Frank Act introduced a requirement that led lenders to tighten "payment to income" limits on new mortgages.
In this podcast episode, Professor David Aikman (Director, Qatar Centre for Global Banking and Finance) is joined by Alessandro Lin (Brown University and winner of the Centre's 2021 Young Economist Prize Competition) to discuss Alessandro's research on the macroeconomic implications of this policy and its implications for central banks' macroprudential frameworks.
Learn more about the Qatar Centre for Global Banking & Finance: https://www.kcl.ac.uk/research/qatar-centre-global-banking-finance