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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Pescatori, Andrea
Awduron Eraill: Laseen, Stefan
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2016.
Cyfres:IMF Working Papers; Working Paper ; No. 2016/073
Mynediad Ar-lein:Full text available on IMF