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A Tale of Two Countries. Bruegel policy brief 2008/04, June 2008

Ahearne, Alan and Delgado, Juan and von Weizsacker, Jakob. (2008) A Tale of Two Countries. Bruegel policy brief 2008/04, June 2008. [Policy Paper]

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    Abstract

    Summary. The outlook for two of the euro area’s best performing economies to date, Ireland and Spain, has darkened dramatically recently amid severe downturns in housing markets. What do these countries’ experiences tell us about the functioning of EMU? Bruegel’s new policy brief ‘A Tail of Two Countries’ examines the behaviour of housing markets in Ireland and Spain during EMU and considers what features and policies may have facilitated the overheating of housing markets in these countries. It also discusses the role of large migration flows in spurring growth in housing.

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    Item Type: Policy Paper
    Uncontrolled Keywords: Migration.
    Subjects for non-EU documents: Countries > Ireland
    Countries > Spain
    EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 10 Jun 2008
    Page Range: p. 8
    Last Modified: 15 Feb 2011 17:53
    URI: http://aei.pitt.edu/id/eprint/8349

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