Coordination Effects and Optimal Policy Choices of Macroprudential Policy and Monetary Policy

Figure 1

Impulse response analysis of a housing preference shock. (a) Rs, (b) Pai, (c) q, (d) y, (e) bb, (f) Hb, (g) Cb, (h) Wb, and (i) kappa CRR.

(a)

(b)

(c)

(d)

(e)

(f)

(g)

(h)

(i)