In this case the probability of a sharp correction in prices is higher. Such a correction is also more likely to translate into a banking crisis unless macroprudential measures are appropriately tightened  17  Aoke and Nikolov (2012); Reinhart and Rogoff (2008). BIS central bankers’ speeches  5  beforehand.
Ben S Bernanke: Dedication of the new Federal Reserve Bank of Kansas City Building Speech by Mr Ben S Bernanke, Chairman of the Board of Governors of the US Federal Reserve System, at the Federal Reserve Bank of Kansas City, Kansas City, Missouri, 12 June 2008.