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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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

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