Safeguarding Banks and Containing Property Booms : Cross-Country Evidenceon Macroprudential Policies and Lessons From Hong Kong SAR »
Series: IMF Working Papers
Author(s): Malhar Nabar , and Ashvin Ahuja
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2011
Keywords: Property Sector, mortgage, exchange rates, currency boards, exchange rate, exchange rate regimes
We assess the effectiveness of macroprudential policies against a number of different indicators of property sector activity and financial stability. At the cross-country level the use of LTV caps decelerates prope...