Housing, consumption and EMU
The EMU study by HM Treasury Housing, consumption and EMU considers in detail an important structural aspect of the UK economy: the housing market. The study addresses the question of whether UK households are more sensitive to changes in interest rates than euro area households on average as a result of differences in housing market structures, and the implications of this for consumption.
Housing, consumption and EMU below is available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
Housing, consumption and EMU
PDF file of Executive Summary (88kb)
PDF of Chapters 1, 2, 3, 4 (345kb)
PDF of Chapters 5, 6, 7, 8; references; annexes A, B, C, D (293kb)