Financial Stability and Interest-Rate Policy : A Quantitative Assessment of Costs and Benefits /

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 slo...

Celý popis

Podrobná bibliografie
Hlavní autor: Pescatori, Andrea
Další autoři: Laseen, Stefan
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2016.
Edice:IMF Working Papers; Working Paper ; No. 2016/073
On-line přístup:Full text available on IMF
LEADER 01436cas a2200253 a 4500
001 AALejournalIMF016715
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781475522679 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Pescatori, Andrea. 
245 1 0 |a Financial Stability and Interest-Rate Policy :   |b A Quantitative Assessment of Costs and Benefits /  |c Andrea Pescatori, Stefan Laseen. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2016. 
300 |a 1 online resource (29 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
700 1 |a Laseen, Stefan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2016/073 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2016/073/001.2016.issue-073-en.xml  |z IMF e-Library