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Policies for Macrofinancial Stability; How to Deal with Credit Booms

Listed author(s):
  • Bas B. Bakker
  • Giovanni Dell'Ariccia
  • Luc Laeven
  • Jérôme Vandenbussche
  • Deniz O Igan
  • Hui Tong

This note explores the costs and benefits of different policy options to reduce the risks associated with credit booms, drawing upon several country experiences and the findings from econometric analysis.

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Paper provided by International Monetary Fund in its series IMF Staff Discussion Notes with number 12/06.

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Length: 46
Date of creation: 07 Jun 2012
Handle: RePEc:imf:imfsdn:12/06
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  9. Carmen M. Reinhart & Kenneth S. Rogoff, 2004. "The Modern History of Exchange Rate Arrangements: A Reinterpretation," The Quarterly Journal of Economics, Oxford University Press, vol. 119(1), pages 1-48.
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  11. Robert G. King & Ross Levine, 1993. "Finance and Growth: Schumpeter Might Be Right," The Quarterly Journal of Economics, Oxford University Press, vol. 108(3), pages 717-737.
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