Cover IMF Staff Country Reports
Belgium: Selected Issues
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2006: Issue 076
Language:
English
Publication Date:
01 Mar 2006
DOI:
https://doi.org/10.5089/9781451803259.002
ISBN:
9781451803259
ISSN:
1934-7685
Pages:
47
Keywords:
ISCR; CR; Belgium; price; product market; labor market; market; price development; real estate; euro area; EU economy; goods market reform; deregulated product markets; baseline markup; transition cost; goods market rent; Belgium market; EU context; Housing prices; Mortgages; Labor markets; Labor market reforms; Real estate prices; Global; Europe
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This Selected Issues paper for Belgium evaluates whether price increases in Belgium are excessive. It assesses the household and bank balance sheets and their vulnerability to a slowdown in housing prices, and identifies differences in real estate markets between Belgium and other countries. The paper analyzes policy and institutional factors that may have contributed to housing price developments in Belgium. It identifies potential policies that are available to avert a buildup of pressures. The paper also describes the model setup and calibration of some crucial economic relations and parameters.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund