The Taylor curve allows the description of the compromise relationship between the variability of the inflation ratio and the dynamics of production, from our study; it can be observed that the value of the inflation quotient decreases with the growth of the weight of production rise. The...

In this paper, we analyse the implications of macroprudential and monetary policies for business cycles, welfare, and .nancial stability. We consider a dynamic stochastic general equilibrium (DSGE) model with housing and collateral constraints. A macroprudential rule on the loan-to-value ratio...