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| 01819nam 2200313za 4500 |
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| 001 | 9.856129 |
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| 003 | CaOODSP |
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| 005 | 20221123094558 |
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| 007 | cr ||||||||||| |
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| 008 | 180503s2018 oncd ob f000 0 eng d |
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| 040 | |aCaOODSP|beng |
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| 041 | |aeng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-7/2018-11E-PDF |
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| 100 | 1 |aDuprey, Thibaut. |
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| 245 | 10|aHow to manage macroeconomic and financial stability risks |h[electronic resource] : |ba new framework / |cby Thibaut Duprey and Alexander Ueberfeldt. |
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| 260 | |a[Ottawa] : |bBank of Canada, |cc2018. |
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| 300 | |aii, 6 p. : |bcol. charts. |
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| 490 | 1 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2018-11 |
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| 500 | |aCover title. |
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| 504 | |aIncludes bibliographical references. |
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| 520 | 3 |a"Monetary policy decisions need to consider all potential outcomes, not just the most likely path for the economy. This is especially true in the presence of elevated financial system vulnerabilities, which lead to increased downside risks for future growth. In a novel risk management framework, we decompose the outlook for the distribution of future gross domestic product (GDP) growth into macroeconomic and financial stability risks. When analyzing the efficacy of policy tools, we find that macroprudential tightening is substantially more effective than monetary policy at reducing downside risks to future GDP growth"--Abstract, p. ii. |
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| 546 | |aIncludes abstract in French. |
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| 692 | 07|2gccst|aMonetary policy |
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| 693 | 4|aEconomic stabilization |
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| 700 | 1 |aUeberfeldt, Alexander. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff analytical note,|x2369-9639 ; |v2018-11.|w(CaOODSP)9.807323 |
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| 856 | 40|qPDF|s540 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-11-eng.pdf |
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