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

Publication Date: September 16, 2011
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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(s): Banking sector | Credit risk | Domestic debt | Financial Sector Assessment Program | Financial stability | Housing prices

Publication Date: September 16, 2011
ISBN/ISSN: 9781463903602/1934-7685 Format: Paper
Stock No: 1SWEEA2011012 Pages: 23
US$18.00 (Academic Rate:
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