Series: IMF Working Papers
Author(s): Cheng Lim , Ivo Krznar , Fabian Lipinsky , Akira Otani , and Xiaoyong Wu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 July 2013
Keywords: macroprudential, institutions, instruments, interest rate, mortgage, central bank, reserve requirement, reserve requirements, mortgage loans, Government Policy and Regulation,
This paper gauges if, and how, institutional arrangements are correlated with the use of macroprudential policy instruments. Using data from 39 countries, the paper evaluates policy response time in various types o...