Policies for Macrofinancial Stability: Options to Deal with Real Estate Booms

Giovanni Dell'ariccia, Pau Rabanal, Christopher Crowe and Deniz Igan

No 2011/002, IMF Staff Discussion Notes from International Monetary Fund

Abstract: DISCLAIMER: This Staff Discussion Note represents the views of the authors and does not necessarily represent IMF views or IMF policy. The views expressed herein should be attributed to the authors and not to the IMF, its Executive Board, or its management. Staff Discussion Notes are published to elicit comments and to further debate.

Keywords: SDN; price; monetary policy; boom; rate; mortgage; loan; real estate; macroprudential regulation; macroeconomic policy; house price; appreciation rate; mortgage interest tax deductibility; credit growth; price bust; real estate price appreciation; house price data; interest tax deductibility; house price cycle; house price development; monetary policy rate; limit price increase; Housing prices; Credit; Mortgages; Real estate prices; Loans; Global; Central and Eastern Europe; equity price bust; house price fluctuation; house price volatility (search for similar items in EconPapers)
Pages: 32
Date: 2011-03-01
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Citations: View citations in EconPapers (66)

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