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Romania : Financial Sector Assessment Program-Technical Note on Calibration of a Debt-Service-to-Income Limit in Romania-Evidence from Microdata

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

June 12, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The recent pick-up in household credit in Romania has given rise to a need for revisiting the design of existing macroprudential tools addressing household vulnerabilities. After a period of contraction followed by lackluster growth in the aftermath of the financial crisis, household credit growth has risen rapidly starting in 2016. This trend has strengthened the need to revisit the design of macroprudential tools aimed at constraining excessive household borrowing, and in particular the existing stressed Debt Service to Income (DSTI) limit applicable to consumer loans.

Series:

Country Report No. 18/161

English

Publication Date:

June 8, 2018

ISBN/ISSN:

9781484360682/1934-7685

Stock No:

1ROMEA2018004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

35