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Housing plays an important role in OECD economies. House-building makes a big contribution to overall economic activity and jobs while property is usually the main investment asset of households. Housing and interest rate policies have a major influence on property market trends. Bookmark this page: www.oecd.org/eco/structural/housing.
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03-Oct-2008
Despite a high level of homeownership, the housing market in Poland is suffering from an important shortage. The difference between the number households and available dwellings, the number of dwellings per thousand inhabitants, and the availability of basic amenities (especially in rural areas) all indicate that significant improvements are needed to catch up to the most affluent OECD and EU countries.
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08-Sep-2008
This paper addresses the question of whether and how long-term financial trends may have modified the transmission mechanism from monetary policy decisions to economic activity. The focus is on long-term changes, abstracting from the disruptions created by the 2007-08 financial turmoil which are temporarily affecting the transmission mechanism.
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