IMF Staff Country Reports

Belgium: Selected Issues

March 1, 2006

Download PDF

Preview Citation

Format: Chicago

Belgium: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

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.

Subject: Financial institutions, Housing prices, Inflation, Labor, Labor market reforms, Labor markets, Mortgages, Prices, Real estate prices

Keywords: Baseline markup, Belgium, Belgium market, CR, Deregulated product markets, EU context, EU economy, Euro area, Europe, Global, Goods market reform, Goods market rent, Housing prices, ISCR, Labor market, Labor market reforms, Labor markets, Market, Mortgages, Price, Price development, Product market, Real estate, Real estate prices, Transition cost

Publication Details

  • Pages:

    47

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/076

  • Stock No:

    1BELEA2006004

  • ISBN:

    9781451803259

  • ISSN:

    1934-7685