United States : Selected Issues

1USAEA2006001 Image
Price:  $15.00

Release Date: © July, 2006
ISBN : 978-1-45183-965-4
Stock #: 1USAEA2006001
English
Stock Status: On back-order

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Description

This paper discusses how financial innovation turned U.S. mortgages into an asset class with worldwide investor appeal. It suggests that U.S. financial markets have been skilful in developing tools that have helped households exploit favorable global financing conditions to boost home ownership and acquire housing wealth. It reviews trends in labor supply and demand, electricity sector challenges, oil price developments, and the performance of the U.S. economy. It analyzes U.S. banking developments, with focus on large complex banking groups (LCBGs), and describes the structural change and competition among auto manufacturers and airlines.

Taxonomy

Economic development , Investment




More publications in this series: IMF Staff Country Reports