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...

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Detaylı Bibliyografya
Yazar: Pescatori, Andrea
Diğer Yazarlar: Laseen, Stefan
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2016.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2016/073
Online Erişim:Full text available on IMF
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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. 
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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