Sami Alpanda - Latest

• Addressing Household Indebtedness: Monetary, Fiscal or Macroprudential Policy?

  Staff Working Paper 2014-58 Sami Alpanda, Sarah Zubairy

  In this paper, we build a dynamic stochastic general-equilibrium model with housing and household debt, and compare the effectiveness of monetary policy, housing-related fiscal policy, and macroprudential regulations in reducing household indebtedness.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial system regulation and policies, Housing, Monetary policy transmission JEL Code(s): E, E5, E52, E6, E62, R, R3, R38

• A Policy Model to Analyze Macroprudential Regulations and Monetary Policy

  Staff Working Paper 2014-6 Sami Alpanda, Gino Cateau, Césaire Meh

  We construct a small-open-economy, New Keynesian dynamic stochastic general-equilibrium model with real-financial linkages to analyze the effects of financial shocks and macroprudential policies on the Canadian economy. Our model has four key features.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial system regulation and policies JEL Code(s): E, E1, E17, E3, E32, E4, E44, F, F4, F41