Asset prices, financial instability, and monetary policy
Article Abstract:
The role of asset pricing on setting monetary policy is examined. The focus of monetary policy in controlling inflation and financial stability is emphasized.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Bubbles and experience: an experiment
Article Abstract:
Effects of financial market fundamentalists' decisions on pricing patterns are presented.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: International experiences with different monetary policy regimes. Is the Fisher effect for real? A reexamination of the relationship between inflation and interest rates
- Abstracts: Monetary policy and interest rates: an adaptive estimator approach. Learning about monetary regime shifts in an overlapping wage contract model
- Abstracts: The costs of recession: a comment. Social security: national policies with international implications. Attainable non-optimality or unattainable optimality: a new approach to stochastic life cycle problems
- Abstracts: Payments systems and monetary policy. Real business cycle research comes of age: a review essay. Sequential markets and the suboptimality of the Friedman rule
- Abstracts: Endogenous pricing to market and financing costs. A fundamental theory of exchange rates and direct currency trades