Showing 1 - 10 of 162
This Selected Issues paper examines the housing market in Israel. Property prices in Israel are currently about 25 … price-to-rent ratios are well above their equilibrium value. The risk of a sharp correction in housing pricesâ …
Persistent link: https://www.econbiz.de/10011245181
Persistent link: https://www.econbiz.de/10011245406
Important issues of the Netherlands are discussed. Openness to trade has benefited the Netherlands before the crisis and has supported the recent recovery process. However, both financial openness and trade linkages have also been a transmission channel for the financial crisis. Synchronized...
Persistent link: https://www.econbiz.de/10011243183
This Selected Issues paper on Canada examines economic development and policies. Capital ratios before the crisis have been a key determinant of bank performance during the turmoil; and Canadian banks had ample capital. Specifically, most banks with critically low capital at end-2006 later...
Persistent link: https://www.econbiz.de/10011244253
This Selected Issues paper analyzes the housing prices, consumption, and the household debt overhang in the Netherlands …. Deflated housing prices that were fueled by robust borrowing often leave in their wake households with heavy debt burden. This … using a three-stage least squares approach. Empirical results are supportive of the hypothesis that housing prices strongly …
Persistent link: https://www.econbiz.de/10011244329
stabilizing strategies, removal of fiscal cliff uncertainties, effective implementation of housing, and labor market holstering …
Persistent link: https://www.econbiz.de/10011244411
This 2013 Article IV Consultation highlights that after a brief stabilization in 2010, the recession in the Slovenia resumed in 2011 and the economy now has contracted for eight consecutive quarters. Although a sharp contraction in investment was the main driver of the downturn in the early...
Persistent link: https://www.econbiz.de/10011244670
This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and savings. Households’ consumption-saving decisions have an important bearing on the U.S. economic outlook. This paper demonstrates how households with consistently lower...
Persistent link: https://www.econbiz.de/10011244682
remained well below the levels reached after earlier recessions. The housing market has cooled, owing in part to macro …
Persistent link: https://www.econbiz.de/10011244749
resilient to credit, liquidity, and contagion risks arising from a severe stress scenario. Elevated housing prices and high …
Persistent link: https://www.econbiz.de/10011244761