How Long to Read Balancing Financial Stability and Housing Affordability: The Case of Canada

By Mr.Troy D Matheson

How Long Does it Take to Read Balancing Financial Stability and Housing Affordability: The Case of Canada?

It takes the average reader and 21 minutes to read Balancing Financial Stability and Housing Affordability: The Case of Canada by Mr.Troy D Matheson

Assuming a reading speed of 250 words per minute. Learn more

Description

Housing market imbalances are a key source of systemic risk and can adversely affect housing affordability. This paper utilizes a stylized model of the Canadian economy that includes policymakers with differing objectives—macroeconomic stability, financial stability, and housing affordability. Not surprisingly, when faced with multiple objectives, deploying more policy instruments can lead to better outcomes. The results show that macroprudential policy can be more effective than policies based on adjusting propertytransfer taxes because property-tax policy entails excessive volatility in tax rates. They also show that if property-transfer taxes are used as a policy instrument, taxes targeted at a broader-set of homebuyers can be more effective than measures targeted at a smaller subset of homebuyers, such as nonresident homebuyers.

How long is Balancing Financial Stability and Housing Affordability: The Case of Canada?

Balancing Financial Stability and Housing Affordability: The Case of Canada by Mr.Troy D Matheson is 21 pages long, and a total of 5,271 words.

This makes it 7% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Balancing Financial Stability and Housing Affordability: The Case of Canada Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 28 minutes to read Balancing Financial Stability and Housing Affordability: The Case of Canada aloud.

What Reading Level is Balancing Financial Stability and Housing Affordability: The Case of Canada?

Balancing Financial Stability and Housing Affordability: The Case of Canada is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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