Staff Discussion Notes

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Format: Chicago

Bas B. Bakker, Giovanni Dell'Ariccia, Luc Laeven, Jerome Vandenbussche, Deniz O Igan, and Hui Tong. "Policies for Macrofinancial Stability: How to Deal with Credit Booms", Staff Discussion Notes 2012, 006 (2012), accessed 12/6/2025, https://doi.org/10.5089/9781475504743.006

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Disclaimer: This Staff Discussion Note represents the views of the authors and does not necessarily represent IMF views or IMF policy. The views expressed herein should be attributed to the authors and not to the IMF, its Executive Board, or its management. Staff Discussion Notes are published to elicit comments and to further debate.

Summary

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.

Subject: Credit, Credit booms, Financial crises, Financial institutions, Financial sector policy and analysis, Loans, Macroprudential policy, Macroprudential policy instruments, Money

Keywords: boom episode, Credit, credit activity, credit boom, credit booms, credit dynamics, credit growth, financial crisis, financial stability, Global, Loans, macroeconomic policy, Macroprudential policy, macroprudential regulation, SDN