Sweden : Financial Sector Assessment Program Update: Technical Note on Household Indebtedness: Implications for Financial Stability

Author/Editor:

International Monetary Fund

Publication Date:

September 16, 2011

Electronic Access:

Free Full text (PDF file size is 771 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

As in other advanced economies, there has been a significant run-up of household debt in Sweden during the last two decades accompanied by rising housing prices, prompting concerns about sustainability and the implications for financial stability. The rise in household debt and the banking system’s increased exposure to mortgage debt resulted with the changes in the macroeconomic environment. The note explores implications for financial stability of household indebtedness as well as Sweden's specific institutional features to ensure resilience of the financial system.

Series:

Country Report No. 11/289

Subject:

English

Publication Date:

September 16, 2011

ISBN/ISSN:

9781463903602/1934-7685

Stock No:

1SWEEA2011012

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

23

Please address any questions about this title to publications@imf.org