01870cas a2200241 a 4500 AALejournalIMF017154 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475542257 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Ireland : Financial Sector Assessment Program: Technical Note-Nonbank Sector Stability Analyses. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (93 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Ireland in the areas of nonbank sector stability. Both nonparametric and parametric methods suggest that the residential real estate market in Ireland is close to or moderately below its equilibrium level. Two standard metrics of price-to-income and price-to-rent ratios show that following a protracted period of overvaluation prior to the crisis and a correction afterward, the market has been close to its equilibrium level in recent quarters. Households have deleveraged, but are still highly indebted. The stability analysis results also suggest that vulnerabilities among nonfinancial firms have moderated in recent years. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/317 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/317/002.2016.issue-317-en.xml IMF e-Library