Language selection

Search


Interaction of macroprudential and monetary policies : practice ahead of theory / by Thibaut Duprey, Yaz Terajima and Jing Yang.FB3-6/2024-18E-PDF

"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.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.949564&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleInteraction of macroprudential and monetary policies : practice ahead of theory / by Thibaut Duprey, Yaz Terajima and Jing Yang.
Series title
  • Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2024-18
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: December 20, 2024."
  • ISSN assigned to different series.
  • Includes bibliographical references.
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2024.
  • ©2024
Author / Contributor
  • Duprey, Thibaut, author.
Description1 online resource (ii, 32 pages) : charts.
Catalogue number
  • FB3-6/2024-18E-PDF
Subject terms
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.

Page details