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  1. Financial stability and interest-rate policy
    a quantitative assessment of costs and benefits
    Author: Pescatori, Andrea; Laséen, Stefan
    Published: March 2016
    Publisher:  International Monetary Fund, [Washington, D.C.]

    Should monetary policy use its short-term policy rate to stabilize the growth in household credit and housing prices with the aim of promoting financial stability? We ask this question for the case of Canada. We find that to a first approximation,... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
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    Should monetary policy use its short-term policy rate to stabilize the growth in household credit and housing prices with the aim of promoting financial stability? We ask this question for the case of Canada. We find that to a first approximation, the answer is no- especially when the economy is slowing down

     
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  2. Financial stability and interest-rate policy
    a quantitative assessment of costs and benefits
    Author: Pescatori, Andrea; Laséen, Stefan
    Published: March 2016
    Publisher:  International Monetary Fund, [Washington, D.C.]

    Should monetary policy use its short-term policy rate to stabilize the growth in household credit and housing prices with the aim of promoting financial stability? We ask this question for the case of Canada. We find that to a first approximation,... more

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    Should monetary policy use its short-term policy rate to stabilize the growth in household credit and housing prices with the aim of promoting financial stability? We ask this question for the case of Canada. We find that to a first approximation, the answer is no- especially when the economy is slowing down

     
    Export to reference management software   RIS file
      BibTeX file
    Content information