Balancing Financial Stability and Housing Affordability: The Case of Canada

Balancing Financial Stability and Housing Affordability: The Case of Canada
Housing market imbalances are a key source of systemic risk and can adversely affect housing affordability. This paper utilizes a stylized model of the Canadian economy that includes policymakers with differing objectives—macroeconomic stability, financial stability, and housing affordability. Not surprisingly, when faced with multiple... READ MORE...

Publication date: November 2018
ISBN 9781484381236
$18.00

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Publication date: November 2018

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