Series: IMF Working Papers
Author(s): Andrea Pescatori , and Stefan Laseen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 March 2016
Keywords: Monetary Policy, Endogenous Financial Risk, Bayesian VAR, Non-Linear Dynamics, Policy Evaluation.
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 fi...