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Policies for Macrofinancial Stability
How to Deal with Credit Booms
Jérôme Vandenbussche , Mr.Bas B. Bakker , Mr.Giovanni Dell'Ariccia , Mr.Hui Tong , Mr.Luc Laeven , Ms.Deniz Igan
This note explores the costs and benefits of different policy options to reduce the risks associated with credit booms, drawing upon several country experiences and the findings from econometric analysis.
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