Booms and Busts: Are We Better Able to Deal with Them Today?

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IMF SEMINAR EVENT

DATE: April 21, 2018

DAY: Saturday

4:00 PM - 5:15 PM

LOCATION: IMF HQ1 – Meetings Halls A&B

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Overview

Financial crises are associated with boom—bust cycles in credit and housing prices. A consensus has emerged that booms are dangerous, although not all lead to crises. The challenge for policy makers is to identify booms and bubbles and decide whether to act on them. Yet all too often, policymakers believe that “this time is different.” At present, many markets are booming amid calls to roll back some measures put in place after the global financial crisis. There are also concerns that innovative technologies may give rise to “shadow booms.” The seminar will discuss what we know about boom—bust cycles, how we identify “bad” booms, and how to manage them, and how to limit the potential for busts.

Join the conversation via #BoomsandBusts

Booms and Busts: Are We Better Able to Deal with Them Today?

Booms and Busts: Are We Better Able to Deal with Them Today?
Financial crises are associated with boom. The challenge for policy makers is to identify booms and bubbles and decide whether to act on them.
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      Panelists

      Moderator: Joumanna Bercetche

      Panelist: David Lipton

      Panelist: Agustín Carstens

      Panelist: Gene Frieda

      Panelist: Philip Lane

      Panelist: Hélène Rey