Series: Staff Discussion Notes
Author(s): Bas Bakker , Giovanni Dell'Ariccia , Luc Laeven , Jérôme Vandenbussche , Deniz Igan , and Hui Tong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 June 2012
Keywords: Credit booms, Credit expansion, Business cycles, Financial stability, Monetary policy, Fiscal policy, macroprudential regulation, macroeconomic policy, banking, credit boom
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....