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Bank of Canada RSS Feedsen2024-03-28T13:18:30+00:00Should Monetary Policy Be Used to Counteract Financial Imbalances?
https://www.bankofcanada.ca/wp-content/uploads/2010/09/boivin_summer10.pdf
The authors examine whether monetary policy should and could do more to lean against financial imbalances (such as those associated with asset-price bubbles or unsustainable credit expansion) as they are building up, or whether its role should be limited to cleaning up the economic consequences as the imbalances unwind.2010-08-19T08:32:49+00:00enShould Monetary Policy Be Used to Counteract Financial Imbalances?2010-08-19