00000nam 2200000zi 4500 9.949564 CaOODSP 20250326155049 m o d f cr |n||||||||| 250326t20242024oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-6/2024-18E-PDF Duprey, Thibaut, author. Interaction of macroprudential and monetary policies : practice ahead of theory / by Thibaut Duprey, Yaz Terajima and Jing Yang. [Ottawa] : Bank of Canada = Banque du Canada, 2024. ©2024 1 online resource (ii, 32 pages) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2024-18 "Last updated: December 20, 2024." ISSN assigned to different series. Includes bibliographical references. "This paper examines how monetary and macroprudential policies interact and possibly complement each other in achieving their respective price and financial stability objectives. We first review the Canadian experience of housing market cycles and highlight the need to coordinate the two sets of policies. Then, to deepen our understanding of policy interactions, we discuss current research work being done at the Bank of Canada and recent studies in the literature. Finally, for central bank and academic researchers, we emphasize remaining gaps in developing a modelling framework that unifies both price and financial stability objectives with explicit interactions between monetary and macroprudential policies"--Abstract, page ii. Includes abstract in French. Monetary policy Research. Financial risk management. Business cycles Canada. Politique monétaire Recherche. Finances Gestion du risque. Cycles économiques Canada. Bank of Canada, issuing body. Staff discussion paper (Bank of Canada) 2024-18. (CaOODSP)9.806273 PDF 1.36 MB https://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-6-2024-18-eng.pdf