Ireland: Selected Issues and Statistical Appendix

August 14, 2000

Preview Citation

Format: Chicago

Ireland: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2000) accessed November 22, 2024

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.

Subject: Fiscal policy, Fiscal stance, Housing, Housing prices, Inflation, National accounts, Prices

Keywords: CR, Employment growth, Europe, Fiscal stance, GDP, GDP ratio, Housing, Housing prices, Inflation, Interest outlay, Ireland, ISCR, Output gap, Price, Price development, Price inflation, Production function

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/099
Stock No:

1IRLEA0022000
ISBN:

9781451818789
ISSN:

1934-7685

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