IMF Multi-Country Report (Record no. 158972)

000 -LEADER
fixed length control field 03369nam a22003974a 4500
001 - CONTROL NUMBER
control field 1CLSEA2015001
003 - CONTROL NUMBER IDENTIFIER
control field IMF
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190405182521.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION
fixed length control field m o d
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
fixed length control field cr cn|||||||||
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 020129s2015 dcu o i00 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 1498351514 :
Terms of availability 18.00 USD
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
Cancelled/invalid ISBN 9781498351515
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 1934-7685
024 7# - OTHER STANDARD IDENTIFIER
Standard number or code 10.5089/9781498351515.002
Source of number or code doi
035 ## - SYSTEM CONTROL NUMBER
System control number (IMF)1CLSEA2015001
040 ## - CATALOGING SOURCE
Original cataloging agency DcWaIMF
Language of cataloging eng
110 2# - MAIN ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element International Monetary Fund.
Subordinate unit European Dept.
245 10 - TITLE STATEMENT
Title IMF Multi-Country Report
Medium [electronic resource] :
Remainder of title Housing Recoveries: Cluster Report on Denmark, Ireland, Kingdom of the Netherlands-the Netherlands, and Spain.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Washington, D.C. :
Name of publisher, distributor, etc International Monetary Fund,
Date of publication, distribution, etc 2015.
300 ## - PHYSICAL DESCRIPTION
Extent 1 online resource (27 p.)
490 1# - SERIES STATEMENT
Series statement IMF Staff Country Reports; Country Report ;
Volume number/sequential designation No. 15/1
520 3# - SUMMARY, ETC.
Summary, etc This report examines the experiences of four European countries that have had large house-price declines in recent years. In particular, it examines the experiences of Denmark, Ireland, the Netherlands, and Spain-four countries in which the house-price cycle has been especially large and that share a similar institutional environment (a common monetary policy and the EU's institutional framework)-with a view to exploring how policies can best support economic recovery in the wake of a house-price bust. The paper draws on and synthesizes related Selected Issues papers that are being or have been drafted as part of the 2014 Article IV consultations with these countries. These countries' experiences share similarities, but also important differences. Shocks to house prices, unemployment, and bank balance sheets were most severe in Ireland and Spain, reflecting in part a higher amplitude of residential construction. However, the boom- bust cycle has, together with other shocks, left all four countries facing significant output gaps, as well as elevated levels of private-sector debt that pose headwinds for growth. Promoting recovery following a house-price bust requires a multi-pronged strategy. Large house-price busts can leave countries facing wide output gaps, a highly indebted private sector, and weaker bank balance sheets. Addressing these problems simultaneously can be challenging, as efforts often involve trade-offs (e.g., faster deleveraging can widen output gaps). A careful and multi-pronged strategy is thus required to minimize trade-offs and accelerate sustainable recovery. Important progress has been made in this regard in all four countries.
588 ## - SOURCE OF DESCRIPTION NOTE
Source of description note Description based on print version record.
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Boom-Bust Cycle
Source of heading or term imf
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Debt Accumulation
Source of heading or term imf
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Monetary Fund
Source of heading or term imf
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Share
Source of heading or term imf
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Denmark
Source of heading or term imf
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Ireland
Source of heading or term imf
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Netherlands
Source of heading or term imf
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Spain
Source of heading or term imf
776 08 - ADDITIONAL PHYSICAL FORM ENTRY
Display text Print Version:
Title IMF Multi-Country Report : Housing Recoveries: Cluster Report on Denmark, Ireland, Kingdom of the Netherlands-the Netherlands, and Spain
Place, publisher, and date of publication Washington, D.C. : International Monetary Fund, 2015.
International Standard Book Number 9781498351515
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title IMF Staff Country Reports; Country Report ;
Volume number/sequential designation No. 15/1
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://elibrary.imf.org/view/IMF002/22234-9781498351515/22234-9781498351515/22234-9781498351515.xml">http://elibrary.imf.org/view/IMF002/22234-9781498351515/22234-9781498351515/22234-9781498351515.xml</a>
Public note IMF e-Library
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://www.imfbookstore.org/IMFORG/9781498351515">http://www.imfbookstore.org/IMFORG/9781498351515</a>
Public note IMF Book Store

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