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Belgium: Selected Issues

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2006. "Belgium: Selected Issues," IMF Staff Country Reports 2006/076, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/076
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    Cited by:

    1. Ales Bulir & Jaromir Hurnik, 2006. "The Maastricht Inflation Criterion: "Saints" and "Sinners"," Working Papers 2006/8, Czech National Bank.

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