Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff members and are published to elicit comment and to encourage debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011
Bas Bakker, Giovanni Dell'Ariccia, Luc Laeven, Jérôme Vandenbussche, Deniz Igan, and Hui Tong
INTERNATIONAL MONETARY FUND
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.