Showing 1 - 10 of 8,181
Persistent link: https://www.econbiz.de/10010364857
In this paper, we build a dynamic stochastic general-equilibrium model with housing and household debt, and compare the … effectiveness of monetary policy, housing-related fiscal policy, and macroprudential regulations in reducing household indebtedness …
Persistent link: https://www.econbiz.de/10010457935
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
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
The IMF staff report for the 2013 Article IV Consultation focuses on Malaysia’s economic developments and policies. The IMF report discusses that continued growth in domestic demand, especially investment, and a pickup in external demand should help maintain robust growth going forward...
Persistent link: https://www.econbiz.de/10011245217
This 2013 Article IV Consultation highlights that Peru’s economy continues to be a leader in high growth and low inflation in the region, which has been achieved through a prudent macroeconomic policy implementation, a far-reaching structural reform agenda and taking advantage of the...
Persistent link: https://www.econbiz.de/10011245344
This 2013 Article IV Consultation highlights that the Australian economy has performed well relative to many other advanced economies since the global financial crisis. A transition phase has now been reached as the terms of trade-driven mining investment boom of the past decade has peaked, and...
Persistent link: https://www.econbiz.de/10011245390
on a recovery in productivity growth and further demand rebalancing. The housing market brings risks of financial … to deal with financial stability risks from the housing market. ? The authorities have recently implemented … primary defense against housing-related risks. They should stand ready to tighten these limits should current settings prove …
Persistent link: https://www.econbiz.de/10011245420
/methodology/approach – Framed in terms of the housing market and household behaviour, the paper sets out an augmented loss function which takes a …
Persistent link: https://www.econbiz.de/10010686126
This Selected Issues paper analyzes pace of economic growth for Brazil. Moderating activity and stubbornly elevated inflation since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that potential growth is probably lower than was...
Persistent link: https://www.econbiz.de/10011242465