“Federal Reserve Research on Government-Sponsored Enterprises,” in Proceedings of the 42nd Annual Conference on Bank Structure and Competition on “Innovations in Real Estate Markets: Risks, Rewards, and the Role of Regulation” (Federal Reserve Bank of Chicago, May 17-19), pp. 90-101. Passmore, Wayne, Shane Sherlund, and Gillian Burgess (2005). “The Effects of Housing Government-Sponsored Enterprises on Mortgages Rates,” Real Estate Finance, vol. 33 (Fall), pp.
These measures were supported by fiscal stimulus packages which raised the fiscal deficit of the Central Government by about 3.5 per cent of GDP to 6.0 per cent in 2008–09 (Chart 6).