Monetary Policy in Denmark

Monetary Policy in Denmark PDF Author: Danmarks nationalbank
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 172

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Book Description

Monetary Policy in Denmark

Monetary Policy in Denmark PDF Author: Danmarks nationalbank
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 172

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Book Description


Denmark

Denmark PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1498320252
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
This paper examines the selected issues related to the economy of Denmark: divergence in house prices, house prices in Denmark's cities, macroprudential policies, and product market reform and firm productivity. Recent house price developments in Denmark have been characterized by a growing divergence between different parts of the country, with big cities experiencing much more rapid price increases than other parts. House price booms and busts in Denmark, like in many other countries, are a big-city phenomenon. Macroprudential policies can help contain risks for households, the financial system, and the broader economy, but they should be carefully calibrated to avoid an undue drag on growth.

Denmark

Denmark PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1475527322
Category : Business & Economics
Languages : en
Pages : 53

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Book Description
Denmark’s public expenditure as a share of GDP is the highest in the OECD. The main difference between Denmark and the median OECD country is the larger amount of social protection expenditure. The public health expenditure of Denmark is the second highest in the OECD. Following years of strong public capital accumulation in facilities as well as in training, education, and research, Denmark’s expenditure on public investment is now low. The composition of Denmark’s expenditures is broadly in line with the high expenditure countries.

Denmark

Denmark PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 25

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Denmark: Selected Issues

Denmark

Denmark PDF Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1484369645
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
This technical note discusses significance of macroprudential policies for Denmark. Macroprudential policy seeks to contain the buildup of macrofinancial imbalances associated with credit booms and asset price bubbles, a function which is particularly important in Denmark, where the space for monetary policy action is limited. This note provides an analysis of existing frameworks used in Denmark for identifying systemic risk of both structural and cyclical nature. The note also suggests additional tools that the authorities could use to further enhance their capacity to evaluate systemic risks.

Denmark

Denmark PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451811098
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
This Selected Issues paper on Denmark underlies estimates of inefficiencies in the goods and labor markets. The IMF’s new macroeconomic model, the global economic model (GEM), has been used to provide estimates of the impact of successfully implementing the European Council’s ambitious Lisbon reform agenda. GEM incorporates markups in the goods and labor markets that are summary measures of the net impact of all the regulatory structures in an economy. The euro area goods market reform in the service sector is twice that required in Denmark, the euro area must also increase competition in manufacturing.

Instruments of Monetary and Foreignexchange Policy in Denmark

Instruments of Monetary and Foreignexchange Policy in Denmark PDF Author: Danemarks Nationalbank
Publisher:
ISBN:
Category :
Languages : en
Pages : 108

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Book Description


Denmark

Denmark PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 62

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Book Description
The Danish economy recovered strongly from the pandemic, which contributed to inflation pressures from higher energy and import prices. More recently, there are signs that economic activity is cooling, as inflation is lowering real incomes, financial conditions are tightening, and external demand is weakening, but labor markets remain relatively tight. Staff expect growth to slow to 11⁄4 percent in 2023. Risks to growth are broadly balanced, but upside risks dominate inflation. The financial system has remained stable, although house prices have fallen. The medium-term growth outlook remains modest, reflecting well-known structural issues, in particular demographic headwinds.

Denmark

Denmark PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1475529031
Category : Business & Economics
Languages : en
Pages : 56

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Book Description
The global financial crisis hit Denmark hard, and the recovery has been slow and unsteady. Denmark’s slow growth predates the recent economic crisis, and the economy has underperformed its regional peers. The current account remains in surplus, largely reflecting weak domestic demand since the crisis and strong net income. Monetary policy is based on maintaining a tight peg to the euro. Denmark’s financial system has rebuilt capital but still has substantial vulnerabilities. Potential growth is expected to recover gradually.

Denmark

Denmark PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451811101
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
Denmark showed strong performance owing to its stability-oriented policies, high growth rates, and low unemployment. Executive Directors noted that the Danish flexicurity model has worked well, and stressed the need for prudent fiscal policies. Executive Directors welcomed the outcome of the Financial Sector Assessment Program (FSAP), which found the Danish financial system to be healthy and well supervised. They underscored the importance of strengthening the budget, its stress-testing capacity and cross-border supervision, welcomed the fixed-exchange rate policy, and agreed that with the Welfare Agreement, the Danish economy can face future challenges.