An Estimated DSGE Model to Analyze Housing Market Policies in Hong Kong SAR /

During the last decade, Hong Kong SAR has experienced a large increase in house prices and credit, prompting the authorities to respond with several rounds of tightening macroprudential rules and increasing stamp duty taxes. This paper provides a Dynamic Stochastic General Equilibrium (DSGE) model f...

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Bibliographic Details
Main Author: Rabanal, Pau
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/090
Online Access:Full text available on IMF