Hidden Bibliographic Details
| Varying Form of Title: | Macroprudential tools at work in Canada
|
|---|
| Other authors / contributors: | Morsink, James Hubert John, author.
International Monetary Fund. Monetary and Capital Markets Department, issuing body.
|
|---|
| ISBN: | 9781484384930
1484384938
|
|---|
| Digital file characteristics: | data file
|
|---|
| Notes: | "Monetary and Capital Markets Department"--Page 2 of pdf.
"May 2014"--Page 2 of pdf.
Includes bibliographical references.
Online resource; title from pdf title page (IMF.org Web site, viewed June 10, 2014).
|
|---|
| Summary: | "The goal of this paper is to assess the effectiveness of the policy measures taken by Canadian authorities to address the housing boom. We find that the last three rounds of macroprudential policies implemented since 2010 were associated with lower mortgage credit growth and house price growth. The international experience suggests that, in addition to tighter loan-to-value limits and shorter amortization periods, lower caps on the debt-to-income ratio and higher risk weights could be effective if the housing boom were to reignite. Over the medium term, the authorities could consider structural measures to further improve the soundness of housing finance"--Abstract.
|
|---|
| Other form: | Print version: Krznar, Ivo. With Great Power Comes Great Responsibility: Macroprudential Tools at Work in Canada. Washington : International Monetary Fund, ©2014 9781484383445
|
|---|
| Standard no.: | 10.5089/9781484384930.001
|
|---|
