IMF Staff Country Reports

United States: Selected Issues

July 28, 2006

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

Summary

This paper discusses how financial innovation turned U.S. mortgages into an asset class with worldwide investor appeal. It suggests that U.S. financial markets have been skilful in developing tools that have helped households exploit favorable global financing conditions to boost home ownership and acquire housing wealth. It reviews trends in labor supply and demand, electricity sector challenges, oil price developments, and the performance of the U.S. economy. It analyzes U.S. banking developments, with focus on large complex banking groups (LCBGs), and describes the structural change and competition among auto manufacturers and airlines.

Subject: Commodities, Electricity, Financial institutions, Housing prices, Labor, Labor markets, Mortgages, Oil prices, Prices

Keywords: CR, Crude oil price, Department of Energy study, Electricity, Employment growth, Firm, Fund staff calculation, Global, Housing prices, ISCR, Labor market participation, Labor markets, Market, Mortgage, Mortgages, Oil prices, Price

Publication Details

  • Pages:

    52

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/278

  • Stock No:

    1USAEA2006001

  • ISBN:

    9781451839654

  • ISSN:

    1934-7685