|
|
|
|
| LEADER |
02905nmm a2200577 u 4500 |
| 001 |
EB000936395 |
| 003 |
EBX01000000000000000729991 |
| 005 |
00000000000000.0 |
| 007 |
cr||||||||||||||||||||| |
| 008 |
150128 ||| eng |
| 020 |
|
|
|a 9781498339438
|
| 245 |
0 |
0 |
|a Sweden
|b Selected Issues
|
| 260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 2014
|
| 300 |
|
|
|a 54 pages
|
| 651 |
|
4 |
|a Sweden
|
| 653 |
|
|
|a Depository Institutions
|
| 653 |
|
|
|a Inflation
|
| 653 |
|
|
|a Real Estate
|
| 653 |
|
|
|a Banks
|
| 653 |
|
|
|a Finance
|
| 653 |
|
|
|a Labour
|
| 653 |
|
|
|a Industries: Financial Services
|
| 653 |
|
|
|a Monetary economics
|
| 653 |
|
|
|a Financial institutions
|
| 653 |
|
|
|a Wages, Compensation, and Labor Costs: General
|
| 653 |
|
|
|a Deflation
|
| 653 |
|
|
|a Unemployment: Models, Duration, Incidence, and Job Search
|
| 653 |
|
|
|a Micro Finance Institutions
|
| 653 |
|
|
|a Unemployment
|
| 653 |
|
|
|a Labor markets
|
| 653 |
|
|
|a Mortgages
|
| 653 |
|
|
|a Demand and Supply of Labor: General
|
| 653 |
|
|
|a Labor
|
| 653 |
|
|
|a Property & real estate
|
| 653 |
|
|
|a Price Level
|
| 653 |
|
|
|a Banks and Banking
|
| 653 |
|
|
|a Labor market
|
| 653 |
|
|
|a Prices
|
| 653 |
|
|
|a Macroeconomics
|
| 653 |
|
|
|a Banking
|
| 653 |
|
|
|a Wages
|
| 653 |
|
|
|a Money and Monetary Policy
|
| 653 |
|
|
|a Income economics
|
| 710 |
2 |
|
|a International Monetary Fund
|b European Dept
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
| 989 |
|
|
|b IMF
|a International Monetary Fund
|
| 490 |
0 |
|
|a IMF Staff Country Reports
|
| 028 |
5 |
0 |
|a 10.5089/9781498339438.002
|
| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2014/262/002.2014.issue-262-en.xml?cid=41877-com-dsp-marc
|x Verlag
|3 Volltext
|
| 082 |
0 |
|
|a 330
|
| 520 |
|
|
|a This Selected Issues Paper on Sweden focuses on macroprudential policies in Sweden. Sweden’s banking system meets most standard measures of financial soundness. However, with its large and wholesale-dependent banking sector, high and increasing household debt, and resurgent house price growth, additional measures are needed to contain mounting financial stability risks. On the supply side, this means continuing to strengthen capital and liquidity requirements. However, theoretical and empirical evidence points to a need to also limit credit demand, including through effective steps to increase the rate of mortgage amortization. Empirical evidence suggests that demand-side measures are effective in curbing household borrowing. There is less evidence on the simultaneous use of these tools—a scenario particularly relevant for Sweden. The model also suggests that higher policy rates will impact both mortgage supply and demand. The main findings are qualitatively unchanged across different sample periods and alternative sign restrictions—for example, about the contemporaneous correlation between the monetary policy shock and output and inflation
|