## Figure 2.12. Effects of Macroprudential and Monetary Policy, and Capital Flows on House Prices at Risk

## Source details

**Canonical URL:** [Figure 2.12. Effects of Macroprudential and Monetary Policy, and Capital Flows on House Prices at Risk](https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure212.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure212.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure212.csv.json)

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### Dataset structure and coverage
- Worksheet name: "csv"
- Row count: 37
- Column count: 17
- Contains panel 1 labeled: "1. Advanced Economies: Macroprudential Policy"
- Contains panel 2 labeled: "2. Emerging Market Economies: Macroprudential Policy" (header present; numeric rows for this panel are not included in the provided sample)

### Panel 1 — Advanced Economies: Macroprudential Policy (indexed 1–16)
- Index labels: "1", "2", "3", "4", "5", "6", "7", "8", "9", "10", "11", "12", "13", "14", "15", "16"
- Series "mpp" (point estimates) by index:
  - 1: 0.255
  - 2: 0.174
  - 3: 0.221
  - 4: 0.258
  - 5: 0.236
  - 6: 0.265
  - 7: 0.286
  - 8: 0.227
  - 9: 0.159
  - 10: 0.114
  - 11: 0.103
  - 12: 0.073
  - 13: 0.037
  - 14: 0.044
  - 15: 0.048
  - 16: 0.016
- Series "upper bound" (by index):
  - 1: 0.56014
  - 2: 0.39262
  - 3: 0.38464
  - 4: 0.4021
  - 5: 0.3674
  - 6: 0.3979
  - 7: 0.42442
  - 8: 0.35972
  - 9: 0.2866
  - 10: 0.25122
  - 11: 0.22698
  - 12: 0.20146
  - 13: 0.15158
  - 14: 0.13376
  - 15: 0.12448
  - 16: 0.08554
- Series "lower bound" (by index):
  - 1: -0.05014
  - 2: -0.04462
  - 3: 0.05736
  - 4: 0.1139
  - 5: 0.1046
  - 6: 0.1321
  - 7: 0.14758
  - 8: 0.09428
  - 9: 0.0314
  - 10: -0.02322
  - 11: -0.02098
  - 12: -0.05546
  - 13: -0.07758
  - 14: -0.04576
  - 15: -0.02848
  - 16: -0.05354

### Observations from the provided values (Advanced Economies panel)
- Point estimates ("mpp") are all positive across indices 1–16, ranging from 0.016 to 0.286.
- The "upper bound" series ranges from 0.08554 to 0.56014.
- The "lower bound" series ranges from -0.07758 to 0.14758, with some negative values at indices 1, 2, 10–16 and positive values at indices 3–9.
- For several indices (e.g., 1 and 2), the lower bound is negative while the upper bound is positive, indicating intervals that span zero for those indices.

### Missing or partial data notes
- The dataset sample includes the header for panel 2 ("2. Emerging Market Economies: Macroprudential Policy") and its index row "1" through "16", but no numeric "mpp", "upper bound", or "lower bound" series for that panel are present in the provided sample rows.

*Source: figure212.csv (worksheet "csv", sample rows provided)*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch2data/csv/figure212.csv_