Ireland : Selected Issues and Statistical Appendix.

The sharp and sustained increase in Ireland's housing prices well in excess of income growth, together with rapidly declining affordability for new house buyers, raises concerns that expectations-led demand may have resulted in housing prices overshooting their sustainable levels. The paper rev...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2000.
Serier:IMF Staff Country Reports; Country Report ; No. 2000/099
Online adgang:Full text available on IMF
Beskrivelse
Summary:The sharp and sustained increase in Ireland's housing prices well in excess of income growth, together with rapidly declining affordability for new house buyers, raises concerns that expectations-led demand may have resulted in housing prices overshooting their sustainable levels. The paper reviews the main factors behind the improvement in Ireland's economic performance, and alternative assessments of the stance of fiscal policy during a period of rapidly accelerating economic growth. The major factors that are likely to influence fiscal policy are also reviewed.
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Fysisk beskrivelse:1 online resource (69 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students