The Resource Monetary and macroprudential policy rules in a model with house price booms, prepared by Prakash Kannan, Pau Rabanal, and Alasdair Scott, (electronic resource)

Monetary and macroprudential policy rules in a model with house price booms, prepared by Prakash Kannan, Pau Rabanal, and Alasdair Scott, (electronic resource)

Label
Monetary and macroprudential policy rules in a model with house price booms
Title
Monetary and macroprudential policy rules in a model with house price booms
Statement of responsibility
prepared by Prakash Kannan, Pau Rabanal, and Alasdair Scott
Creator
Contributor
Subject
Language
eng
Summary
We argue that a stronger emphasis on macrofinancial risk could provide stabilization benefits. Simulations results suggest that strong monetary reactions to accelerator mechanisms that push up credit growth and asset prices could help macroeconomic stability. In addition, using a macroprudential instrument designed specifically to dampen credit market cycles would also be useful. But invariant and rigid policy responses raise the risk of policy errors that could lower, not raise, macroeconomic stability. Hence, discretion would be required
Related
Member of
Action
digitized
Additional physical form
Online (ebrary)
Cataloging source
CaPaEBR
Characteristic
  • unknown
  • online system or service
Government publication
international or intergovernmental publication
LC call number
HG230.3
LC item number
.K366 2009eb
Series statement
IMF working paper
Series volume
WP/09/251
Label
Monetary and macroprudential policy rules in a model with house price booms, prepared by Prakash Kannan, Pau Rabanal, and Alasdair Scott, (electronic resource)
Publication
Note
"November 2009."
Antecedent source
file reproduced from an electronic resource
Bibliography note
Includes bibliographical references (p. 22-23)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
000053024400
Dimensions
unknown
Extent
electronic text
File format
multiple file formats
Form of item
online
Isbn
9781451918120
Level of compression
lossless
Media category
computer
Media MARC source
rdamedia
Media type code
c
Quality assurance targets
present
http://library.link/vocab/recordID
.b37208408
Reformatting quality
replacement
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)680613584
  • imf1451918127
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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