Safeguarding Banks and Containing Property Booms : Cross-Country Evidenceon Macroprudential Policies and Lessons From Hong Kong SAR /

We assess the effectiveness of macroprudential policies against a number of different indicators of property sector activity and financial stability. At the cross-country level the use of LTV caps decelerates property price growth. Both LTV and DTI caps slow property lending growth. LTV caps also af...

Descripción completa

Detalles Bibliográficos
Autor principal: Nabar, Malhar
Otros Autores: Ahuja, Ashvin
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2011.
Colección:IMF Working Papers; Working Paper ; No. 2011/284
Acceso en línea:Full text available on IMF